Resilient ESG-reporting with Aila

VSME - The Voluntary Standard for non-listed Micro, Small, and Medium-sized Enterprises

VSME (Voluntary Reporting Standard for SMEs) is a sustainability reporting standard. It has been developed by the European Financial Reporting Advisory Group (EFRAG) at the request of the European Commission

The standard is designed to clarify and harmonize sustainability reporting for SMEs.

VSME is compatible with the CSRD and ESRS, making it particularly suitable for companies whose customers or other stakeholders require sustainability data from members of their value chain.

VSME standard's structure
  • Developed by EFRAG at the request of the European Commission, published on 17 December 2024.
  • Simplifies ESG reporting for SMEs facing growing data requests from banks, investors, and large clients.
  • Aims to unify ESG requests and cut compliance costs.
  • Non-mandatory and designed to be a practical, easy-to-use standard for non-listed SMEs.

The VSME standard consists of two modules: the Basic Module and the Comprehensive Module. The Basic Module sets a minimum goal for companies' sustainability reporting and is a good place to start if ESG reporting has not been done before. It focuses on numerical data and simple questions. The Comprehensive Module deepens the reporting with narrative, or descriptive, responses.

Basic Module

  • Focuses on numerical data and facts
  • Suitable for companies that want to produce a concise yet essential sustainability report

Comprehensive Module

  • Deepens the reporting with narrative (descriptive) answers
  • Provides an opportunity to analyze ESG themes more thoroughly

Both modules cover the three ESG areas:
E = Environment,
S = Social Responsibility,
G = Good Governance.

In addition, both modules include general questions about the company’s basic information, structure, and operations.

Does your company or client need a tool for ESG reporting?

Aila VSME is the best tool for SME sustainability reporting

  • Full access to VSME modules (Basic & Extended). The tool covers all necessary areas of sustainability reporting and is fully aligned with EFRAG's VSME-ESRS framework.
  • Guided ESG reporting with easy-to-use questionnaires covering environmental, social, and governance aspects
  • Clear preview view for reviewing and printing the report, as well as Excel export for sharing and integrating your sustainability data with others
  • Secure data storage for continuous reporting cycles and historical tracking
  • Comprehensive guidance on data collection and reporting requirements
  • Actionable insights—identify gaps, track progress, and improve your sustainability performance

€780 / year

The price includes unlimited reports and users as well as all tool updates.

All prices are VAT exclusive. Any reseller discounts will be deducted during service billing.