VSME Reporting Has Changed – What Does Omnibus I Mean for SMEs?
VSME reporting changed significantly when the European Commission adopted a delegated regulation on 3 July 2026 that elevates the voluntary sustainability reporting standard for SMEs (VSME) to an entirely new position. The decision is part of the Omnibus I reform, which aims to reduce the administrative burden on companies and improve the competitiveness of the European Union. For SMEs, the decision changes in practice what kind of sustainability information large customers can request from their suppliers and how SMEs can respond to these information requests. Read more
