EFRAG invites market input to shape VSME digital tools and platforms
The European Financial Reporting Advisory Group (EFRAG) has opened two calls for expression of interest to support wider uptake of the Voluntary Sustainability Reporting Standard for SMEs (VSME) across the EU. The initiative forms part of EFRAG’s ongoing work on the VSME ecosystem and follows earlier stakeholder feedback on how voluntary sustainability reporting can be made more practical for smaller entities.
The calls aim to map existing and in-development digital platforms and tools that support SME sustainability reporting. This includes reporting platforms, ESG data aggregation services and practical tools such as greenhouse gas calculators, geolocation applications and solutions for identifying climate, water or biodiversity risks. Together, these mappings are intended to build a clearer picture of the digital landscape already available to SMEs.
This approach recognises that effective sustainability reporting for SMEs depends as much on accessible digital support as on the standard itself, and that lowering implementation friction will be critical to broader adoption. Responses to both calls are open until early April, with further information available on EFRAG’s website.
Find more details here.
