Scope
Non-listed SMEs reporting voluntarily (outside CSRD scope)
EU · standard
VSME Standard
Commission Recommendation (EU) 2025/1710 (EFRAG VSME standard)
Penalties
None — voluntary instrument
Last verified
2026-08-22
In plain language
What this law does
A voluntary, proportionate Dictionary termSustainability reportingreporting per ESRS in a dedicated section of the management report (Art. 19a/29a)Read the full definition standard for SMEs — Basic and Comprehensive modules — positioned as the Dictionary termValue-chain caplarge companies may not demand more than VSME content from SME suppliersRead the full definition limiting what large companies and financiers may demand from small suppliers.
Formal requirements
What the law requires
Reviewed provisions grouped by practical purpose. Use the official text for the full legal context.
Who and what it covers
Undertakings out of CSRD scope — the target population (voluntary market standard).
VSME · instrument-level citation
Dictionary
Key terms for this law
Terms with a retained, published connection to this legal source.