The European Financial Reporting Advisory Group (EFRAG) has published a summary report of its Oct. 9, 2026, outreach event in Brussels on the new Voluntary Standard for sustainability reporting by small and medium-sized enterprises (SMEs). The report covers discussions on changes from the previous VSME Recommendation and practical implementation, drawing on contributions from the European Commission, national authorities, SME organisations and financial institutions. The event attracted more than 1,500 registrations. The publication follows EFRAG’s July release of the standard’s interactive text and adds perspectives on its practical application. The event recording and presentation materials are also available.
European Financial Reporting Advisory Group publishes event report on SMEs’ transition to the Voluntary Standard
The European Financial Reporting Advisory Group has released a report on its Oct. 9 event examining the transition from the VSME Recommendation to the new Voluntary Standard for SME sustainability reporting. It summarises discussions on the changes and practical implementation, with contributions from public authorities, SME organisations and financial institutions.