SOLUTION

VSME Reporting

Large clients and banks are increasingly requesting sustainability data. The VSME standard is the first standardized answer for companies falling outside the scope of the CSRD. It's a voluntary and workable sustainability framework, specifically for SMEs. Our experts guide you from analysis to report.
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How it works
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EXPLAINED

What is the VSME standard?

The VSME standard was published in December 2024 by EFRAG, the European advisory body for sustainability reporting. It is a voluntary reporting guideline for companies that are not subject to CSRD but still want or need to share sustainability data with customers, financiers, or partners.

The framework consists of two modules:

Basic Module
11 disclosures on environment, social policy, and governance

Comprehensive Module
9 disclosures for more comprehensive reporting

You do not apply double materiality. You only report on relevant topics and explain what you do not include. Large companies may only request information that falls within this standard. This way, you limit your reporting to what matters and avoid excessive requests from the supply chain.
TARGET AUDIENCE

Which companies is the VSME standard intended for?

The VSME standard is intended for companies that:

  • fall outside the scope of CSRD
  • experience increasing pressure from customers, supply chain partners, or banks
  • want to provide clear answers to ESG questions without over-reporting
  • want to report on sustainability in their own way, in their own language
  • want to anticipate future obligations
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START TODAY

Why report using the VSME standard?

Avoid unfocused data requests

Large companies may only request VSME indicators. This keeps it manageable.

Create a reusable report

Suitable for clients, banks, tenders, or ESG assessments.

Maintain control over your reporting

It's better to report on sustainability yourself than to end up in someone else's supply chain report.

Lay the groundwork for other standards

The same themes reappear in other ESG standards such as ISO, ESRS, EcoVadis, ...

OUR APPROACH

How does the process work?

1

Intake meeting

We map out who is asking what from you, what data is available, and what reporting expectations exist. We also analyze your current sustainability initiatives and determine what information is reusable. This way, you avoid duplication of work and build on what is already there.

2

Selection of relevant themes

For each VSME pillar, we determine which reporting points are applicable. Not every theme is relevant for every company. What is not applicable, we justify according to the "comply or explain" principle: you only report on what is crucial for your sector and activities.

3

Collecting content

Together, we gather figures and policy documents. We systematically cover all relevant themes, from energy consumption to HR policy. Where possible, we reuse existing reports, invoices, and data. We limit additional efforts to what is strictly necessary.

4

Drafting the report

We build a structured report in the official VSME format. This contains all relevant information, yet remains clear and understandable. Immediately usable for clients, banks, and tenders. We also provide an executive summary for use in external communication.

5

Follow-up

We provide an update format for annual reuse and, if necessary, also prepare a public or English summary. You also receive a guide on how to adapt the report for different target audiences. This way, you maximize the value of your investment.

ALL-IN-ONE

Why Mantis for VSME Reporting?

With in-depth knowledge of the VSME standard and related frameworks, we guide companies in Belgium from initial consultation to final report. Together, we ensure that your sustainability reporting not only meets all relevant requirements but also adds tangible value to your business strategy.

Complete peace of mind. From initial consultation to final report – we guide you through the entire VSME process without you needing to train or onboard your team.

Practical expertise. We know all sustainability standards and understand exactly how VSME connects with other frameworks you might need.

Results-oriented approach. We ensure you meet all requirements, but our primary focus is on what truly helps your company strengthen its position in the market.

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About Mantis

Schedule an introductory meeting

Afterwards, you will know which reporting points apply to you and what is needed to build a correct and workable VSME report.

Not our words

"The team always thinks along with us, for both the short and long term. Pragmatic, efficient, and technically excellent. Their experience has often made the difference for us, in strategy and in the field."

Marc Croonen

Chief HR, Sustainability & Communication at Vandemoortele

“Why Mantis? An accessible approach and deep expertise. They successfully translate complex regulations into something workable for our organization.”

Jan Laroy

Managing Partner at Urbastyle

Frequently asked questions

Is the VSME standard mandatory?

No, this is entirely voluntary. However, many companies choose to report proactively, especially if clients, financiers, or partners explicitly request it.

Is this the 'light version' of CSRD?

Not entirely. The VSME is a separate framework, without double materiality and without a mandatory audit. However, it aligns with themes from the CSRD and uses a similar structure. Read more about sustainability reporting.

Can a client simply request additional information?

Not if you follow the VSME standard. Large companies may only request information that falls within the VSME scope. This way, you avoid excessive requests and keep everything manageable.

Can we combine this with other reports or tools?

Yes. The data can be used for tenders, ESG scoring, CO₂ reporting, and frameworks such as EcoVadis, SBTi and B Corp.

How much time does it take to prepare a VSME report?

That depends on the availability of your data, the complexity of your activities, and your objectives. Preparing the report is not the most time-consuming factor. It's mainly the collection of information that can take several months. We ensure this process runs as efficiently as possible.

What if we become subject to CSRD later?

Then you've already laid a solid foundation. Much of the VSME data is reusable for CSRD reporting, and you've already gained experience with structured sustainability reporting.

Any other questions?
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