The EU voluntary reporting standard (VSME) was created to support companies in the structured communication of their sustainability practices, even when they are not legally obliged to report.

The recent revision of European legislation on reporting obligations - in particular the CSRD and CSDDD directives, as well as the changes to the Climate Taxonomy - have created some uncertainty among companies that have already invested in sustainability strategies and the development of ESG management systems. This training, promoted by GRACE, aims to enable companies that are not yet obliged to comply with the CSRD and CSDDD directives to prepare their voluntary sustainability report according to the European VSME standard and to meet the expectations of clients and financial entities that require ESG data.

The voluntary standard also enables companies to develop their sustainability strategies in line with materiality.