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EU Empowers Small Businesses with New Sustainability Reporting Standard
Brussels, August 2025 — In a landmark move for sustainability in the business sector, the European Commission has officially adopted a new Voluntary Sustainability Reporting Standard for SMEs (VSME). Designed specifically for micro-, small-, and medium-sized enterprises, this standard aims to simplify environmental, social, and governance (ESG) disclosures while enhancing access to finance and […]
ISSB delivers new proposals that target globally comparable reporting
The International Sustainability Standards Board (ISSB) has released two long-awaited draft sustainability standards for public comment. One sets out general sustainability-related disclosure requirements and the other specifies climate-related disclosure requirements. These proposed drafts will accelerate progress towards disclosing consistent and comparable information on sustainability matters. Once issued, the final standards are intended to form a […]