B2: Practices, Policies and Future Initiatives

We have interpreted this section largely as a way for SMEs to disclose any entity-specific sustainability theme that is relevant for the company. In Selko Report, we have combined practices, policies and future initiatives together under the sustainability theme disclosure, as they are often interchangeable in practice for SMEs.

While the VSME standard specifically mentions "public availability" in relation to policies only, our combined approach means that our users can also state whether their practices and future initiatives are publicly available. This provides a more comprehensive transparency disclosure.

In Selko Report, we do not follow the template provided as a suggestion by the standard (paragraph 78). Instead, when reading a company’s VSME sustainability report generated through Selko Report, any omission of sustainability themes should be interpreted as the company not having a practice, policy or future initiative regarding that particular sustainability issue.

If you are reporting using the Comprehensive Module (Option B), C2 extends this disclosure by asking you to briefly describe the practices, policies, or future initiatives you indicated in B2. This provides stakeholders with more context about what your sustainability themes actually entail.