Sustainability reporting just became easier for small and medium-sized enterprises (SMEs). On 27 May 2025, EFRAG released the VSME Digital Template and XBRL Taxonomy, empowering non-listed SMEs to report their environmental, social, and governance (ESG) performance in a standardized, digital, and cost-effective way.
At Beyond, we’re thrilled about this milestone. Why? Because it supports our mission to simplify sustainability reporting for SMEs through both expert consulting and digital tools.
What Is the VSME Digital Template?
Developed under EFRAG’s voluntary standard (VSME), the VSME Digital Template is a free and open-source Excel workbook designed for SMEs with fewer than 250 employees. It allows them to report sustainability data in a structured format – without the burden of fragmented questionnaires or expensive tools.
🔍 Key features:
- Pre-filled structure aligned with the VSME standard
- Auto-validations and checklists for data consistency
- Dropdowns and checkboxes for semi-narrative disclosures
- Color-coded guidance and Excel-native accessibility
- Easy conversion into XBRL, the official digital reporting format
📥 Download the official files:
Why Does This Matter?
SMEs are increasingly asked for ESG data by banks, investors, and large customers. Yet most lack the tools or time to respond effectively. The VSME Digital Template addresses this by:
- Standardizing the way SMEs disclose sustainability information
- Reducing duplication from custom ESG questionnaires
- Enabling machine-readable reporting via Inline XBRL
- Providing a path to comparability, transparency, and trust
How Beyond Helps
At Beyond, we don’t just cheer for progress – we make it actionable.
Whether you’re just getting started with sustainability reporting or looking to integrate VSME into your current strategy, our consulting team and reporting software are here to help you:
- Understand the VSME requirements
- Fill out the digital template correctly
- Ensure data quality and completeness
- Convert your report into XBRL and meet stakeholder demands
- Go beyond compliance with tailored advice and implementation support
What’s Next?
EFRAG plans to continue improving the ecosystem, including potential updates in other languages, integration of GHG calculators, and more automation.
As the ecosystem evolves, Beyond stays at your side – combining sustainability expertise with the right digital tools to guide you through each step.
🚀 Ready to Report?
Let’s turn compliance into opportunity. Reach out to us to get started with the VSME template or explore how our solutions can accelerate your ESG journey.
📩 Contact our team | 💬 Book a call | 🌐 Learn more about our VSME services
