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Structured approach to VSME disclosures

With the VSME solution, you get a comprehensive overview of the VSME disclosures, reducing complexity and giving you full control over the process.

You are guided through a structured approach that ensures all relevant aspects are covered—making it easy to prioritize the areas that bring the most value to your organization.

Streamlined data collection, documentation, and follow-up

The solution tailors your data to meet the requirements of CSRD/ESRS, strengthening the foundation for achieving your sustainability goals and meeting stakeholder demands.

By automating processes, you can simplify and structure your data, saving time, minimizing errors, and always having the documentation ready for reporting.

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Efficient reporting of VSME data

Make your VSME reporting simple with predefined reports that align with the requirements of your partners reporting under CSRD. The solution reduces manual work and ensures consistent VSME data that can be easily shared with customers, banks, investors, and other partners.

Strengthen your competitive edge and build trust 

Say goodbye to overwhelming spreadsheets and documents – a structured approach to VSME requirements makes it easy to organize complex data and create transparency.

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Key features of our VSME solution

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Basic & comprehensive module
Understand the VSME standard and establish a qualitative and quantitative baseline, both within the basic and comprehensive modules, with the help of questionnaires and supporting texts.
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GAP-analysis
Map your VSME efforts and identify gaps and actions in your strategy. Compare current performance with expectations and goals across the organization.
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Predefined report templates
With predefined report templates, you can easily input your own data and export it directly into a structured Word document. Share them with management, customers, banks, investors, and other partners.
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Automated processes
By automating processes, follow-ups, and communication with internal stakeholders, you ensure that all relevant tasks are completed correctly and on time. You’ll also gain inspiration for relevant actions and controls.
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Supplier management
A structured approach to efficient data collection from your suppliers through the companies, contract, and policy modules.
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Materiality assessment
Define what is material to your organization through structured questionnaires that break down the DMA recommendations.
Unify your work

A GRC Platform to bring the organization together

Power your organisation by connecting data, teams, action and reporting in an integrated GRC platform.  Whether you deploy one, two, or all our solutions, RISMA GRC platform provides great value by boosting collaboration, increasing visibility, and saving time for everyone involved.

Operational Tools

Internal audit streamlined

Effortlessly automate, document and report all your controls - including assessment, mitigation and monitoring in one simple platform.

Read about controls
Operational Tools

Risk management organized

Define, assess, analyze and mitigate your organization’s risks and turn your insight into strategic assets.

Read about our risk solution
Other solutions

ESG made efficient

Set clear goals, track processes and document progress, ensuring the sustainability strategy is turned into action and reality.

Read about our ESG solution

FAQ

What is the purpose of VSME?

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VSME is a voluntary sustainability reporting standard that provides SMEs with a structured and standardized approach to meet growing ESG transparency demands from larger companies. VSME supports improved ESG performance by enabling the structured collection and analysis of data, helping SMEs prepare for future regulations.

Based on the CSRD, VSME provides a common framework and shared terms for ESG reporting, which fosters transparency and comparability of ESG data across the value chain, contributing to more effective dialogue and collaboration between companies.

VSME reflects a time marked by increasing ESG regulation, where small and medium-sized enterprises are increasingly facing demands and expectations to document their sustainability efforts.

What are the benefits of working with VSME?

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VSME provides a variety of benefits for small and medium-sized enterprises (SMEs). It offers a structured approach to sustainability that does not require significant resources or extensive reporting. This can enhance competitiveness, as environmental, social, and governance (ESG) data is increasingly important in customer and investor decision-making. Furthermore, VSME improves financing opportunities for companies, as investors are prioritizing businesses with strong ESG profiles.

ESG reporting and sustainability are not only priorities for investors but also for large corporations, which are increasingly demanding more from their suppliers. Consequently, VSME can help strengthen SMEs’ positions in the supply chain by offering tools to organize sustainability reporting and effectively meet these requirements.

Which companies are VSME relevant for?

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VSME is particularly relevant for small and medium-sized enterprises that want to document and communicate their sustainability efforts but are not required to comply with the mandatory guidelines of the CSRD. 

Specifically, VSME is designed for companies looking for a simple and cost-effective way to showcase their ESG efforts to customers, investors, and other stakeholders. As such, it is useful for suppliers in larger value chains as well as for companies striving to strengthen their position during the transition to sustainability.

How does VSME differ from the CSRD?

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CSRD is a mandatory EU regulation that strengthens sustainability reporting requirements. Companies must report according to specific standards (ESRS) and have their reports audited by an external verifier. Additionally, the CSRD requires companies to apply the principle of double materiality, considering both their impact on society and the environment, as well as how sustainability issues affect their business operations.

Originally, CSRD was introduced in three waves: first, publicly listed companies with over 500 employees, then other large companies, and finally, publicly listed SMEs. In February 2024, the European Commission proposed the Omnibus Amendment, which postpones the reporting obligation for several types of companies to later financial years. The proposal also includes planned changes to who must report and what they must report on, which could affect the scope and complexity of future ESG reporting.

VSME targets small and medium-sized enterprises that the CSRD does not directly cover. VSME is a voluntary and more flexible standard that enables smaller companies to incorporate sustainability in a structured manner, tailored to their specific resources. The reporting is generally more manageable and focuses on the most relevant areas, such as climate, social conditions, and responsible governance.