Small and medium-sized enterprises are not subject to the statutory sustainability reporting obligation under the CSRD. However, more and more transparency is also being demanded of them - for example by customers, banks or business partners. A voluntary sustainability report based on the Voluntary SME Standard can help to win orders, ensure access to capital or proactively score points. Five Glaciers Consulting supports SMEs in preparing their voluntary sustainability report in line with the EU Commission's VSME standard.
Analyze company activities
Compile relevant data for carbon footprint
Balance emissions (Scope 1, 2 and 3)
Create CCF report
Fulfill CSRD reporting obligations
Identify main sources of emissions
Meeting customer requirements
Creating the basis for your climate strategy
Determining the scope of the project
Pragmatic closing of data gaps
Proactive project management
Further cooperation on request
The framework for voluntary sustainability reporting for SMEs is quite well defined by the VSME standard. Nevertheless, reporting in this new non-financial field is a challenge for companies, especially as the guidelines are comprehensive and the expectations of certain stakeholders (e.g. banks and investors) are quite high.
We design your sustainability report for you in accordance with the Voluntary SME Standard. With a reporting concept tailored to your needs, we enable you to document your sustainability projects and goals simply and efficiently - and thus communicate them to a wide range of stakeholders. Our team supports you from data collection to report preparation and always considers possible interfaces and synergies.
Through our collaboration with Five Glaciers Consulting, we have produced a voluntary sustainability report in accordance with the VSME standard and are already seeing the benefits of this in terms of customer acquisition and access to capital.
Your individual report can be used as an ideal starting point for your company's sustainability strategy. We would be happy to discuss further areas of action and opportunities arising from the data and analyses with you.
Using the dual materiality analysis as a compass for sustainability in the company
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Implementing the requirements of the Corporate Sustainability Reporting Directive efficiently and securely
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Five Glaciers supports you in developing science-based climate targets (SBTi), creating a climate transition plan, and implementing emissions reduction strategies in accordance with the CSRD/ESRS.
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The VSME (Voluntary Sustainability Reporting Standard for SMEs) is a voluntary reporting standard for small and medium-sized enterprises. It offers a pragmatic approach to ESG reporting without the high costs of CSRD. SMEs with sustainable business models in particular benefit from structured sustainability communication.
The VSME is specifically designed for small and medium-sized enterprises and offers simplified, voluntary sustainability reporting. Unlike the CSRD, which requires detailed ESG data and external assurance, the VSME is more flexible, more customizable and less resource-intensive. It is particularly suitable for SMEs that want to demonstrate transparency without having to bear the full regulatory burden of CSRD.
The VSME focuses on climate protection, social responsibility and corporate governance and contains practical guidelines for compact reporting. SMEs can use it to make their ESG strategy transparent without having to bear the bureaucratic burden of the CSRD
A pragmatic approach is the gradual integration into existing controlling or quality management processes. Companies can first measure sustainability indicators internally before including them in reports. The use of simple templates or standardized ESG reporting tools helps to keep the effort to a minimum and still derive added value from reporting.
No, a double materiality analysis is not required for the application of the VSME standard, as it was designed specifically for small and medium-sized enterprises as a simplified, voluntary reporting format. However, such an analysis can be helpful in order to better assess the relevance of individual topics and specifically include them in reporting.
Let's talk about sustainability! We look forward to getting to know you.
Headquarters in Hamburg
Tel.: +49 174 1305766
Email: info@fiveglaciers.com
Branch Office in Kiel
Tel.: +49 (0) 174 1305766
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