VSME / Voluntary SME Standard

VSME reporting, without the overhead.

LatSpace turns the EU's Voluntary SME Standard into a guided workflow: collect the right data, calculate your baseline, and produce a report your buyers and lenders actually accept.

VSME Report · FY2025Draft
Basic Module78%
B1Basis for preparationComplete
B3Energy & GHG emissionsComplete
B4PollutionIn progress
B8Workforce, generalComplete
B9Health & safetyIn progress
B11Convictions & finesNot started

From data to disclosure.

Everything an SME needs to answer ESG questions from the value chain, without standing up a full CSRD program.

01

Basic Module

Cover the VSME Basic Module disclosures with guided inputs, no standards expertise required.

02

Emissions Baseline

Turn energy bills and meter data into Scope 1 and 2 figures, with factors applied automatically.

03

Evidence Trail

Tie every disclosed number back to a source document, ready for buyers, lenders, and auditors.

04

Share-Ready Export

Generate a clean VSME report you can send to value-chain partners in a single click.

The standard

What is the VSME Standard?

The VSME, the Voluntary Sustainability Reporting Standard for non-listed SMEs, was published by EFRAG and delivered to the European Commission in December 2024. It gives smaller companies one simple framework to answer the ESG questions they get from banks, investors, and larger customers.

CSRD only mandates large companies, but that obligation trickles down the value chain to their suppliers. The VSME is the proportionate counterpart to the full ESRS, a recognised cap on what buyers can ask, so you report once instead of filling out dozens of bespoke questionnaires.

EFRAG, European Financial Reporting Advisory GroupPublished by EFRAG
24M+
SMEs in the EU, 99.8% of all enterprises, now face ESG data requests from their value chain
~50
datapoints in the Basic Module define the entire report. Answer once, share with everyone
Pricing

Pick the level of support you need.

Start on your own for free, or bring in our team to do the heavy lifting with you.

Self-Serve
Free

Create your account, start adding data, and build your reports yourself.

  • Create your account
  • Add your data at your own pace
  • Generate VSME reports
Start for Free
Most popular
Guided
€25/ report

We help you turn your data into a polished, share-ready report.

  • Help reporting the VSME Digital Template
  • Custom-designed sustainability report in your design language
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Full Service
€100/ report

A dedicated team handles your reporting end to end.

  • Dedicated support for data collection with a team
  • Materiality assessment
  • VSME reporting (Digital Template)
  • Custom-designed report in your SME brand language
  • CDP SME reporting
  • Customer success manager
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ChainCraft

“Preparing a VSME-aligned sustainability report can be challenging for growing companies. LatSpace simplified the process by helping us organize our data and generate a structured sustainability report with significantly less effort.”

ChainCraft
Denmark-based platform for measuring and scaling the climate impact of circular materials and value chains
See it in action

From source document to audit-ready report.

Upload, and watch the figures populate.

Drop in a utility bill or invoice. The assistant reads it, proposes audit-ready parameters and data points, and ties every value back to its source. You review and save.

PDF & ExcelSource-linkedAuto-extract
Maison Céleste/Data Collection

Upload & extract data

Drop a utility bill, invoice, or report. The assistant reads it, proposes metrics, and you review before saving.

Drop a utility bill, invoice, or PDF here
PDF, PNG, or JPEG · up to 20 MB
Trusted across the EU

Trusted by 500+ leaders

NordwindverdepackMERIDIANHelios°Castor & RoeBRUNNERaalto foodsLUMENFERROGreco MaritimeNordwindverdepackMERIDIANHelios°Castor & RoeBRUNNERaalto foodsLUMENFERROGreco Maritime
vantage.SolvangTRAMONTANApelicanHargreaveKESTRELADRIATICBirch & StoneMarchettiSAXBYvantage.SolvangTRAMONTANApelicanHargreaveKESTRELADRIATICBirch & StoneMarchettiSAXBY
FAQ

VSME reporting, answered.

The VSME is the Voluntary Sustainability Reporting Standard for non-listed micro, small, and medium enterprises, published by EFRAG. It is designed for SMEs that sit outside the mandatory scope of CSRD but still receive ESG data requests from banks, investors, and larger companies in their value chain, giving them one common framework to answer them all.

No. The VSME is voluntary. But in practice, large CSRD-bound companies are gathering sustainability data from their suppliers, and the European Commission has recommended the VSME as the cap on what those buyers can ask of SME suppliers. Reporting once to the VSME means you can satisfy those requests without adopting the full ESRS.

The Basic Module is the entry level. Its 11 disclosures cover emissions, energy, pollution, water, waste, workforce, health & safety, and anti-corruption, and it is the recommended target for most SMEs. The Comprehensive Module adds Scope 3 emissions, reduction targets, transition plans, climate risk, and human rights metrics for SMEs facing deeper requests from investors and lenders.

LatSpace guides you through each Basic Module disclosure with plain-language inputs, so no standards expertise is required. It turns energy bills and meter data into Scope 1 and 2 figures automatically, ties every number back to a source document for auditors, and exports a clean, share-ready VSME report in a single click.

Yes. Every disclosed figure is linked to its source evidence, so your report carries a transparent data trail that buyers, lenders, and auditors can trust. Because the VSME is an EFRAG standard recognised across the EU, a VSME report is a credential your value-chain partners already understand.

Greenhouse Gas ProtocolISO 27001 Information Security Management CertifiedAICPA SOC for Service OrganizationsGDPR Compliant

From source document to audit-ready report.

Answer once. Share with every buyer, bank, and investor who asks.

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