EFRAG VSME Report Example & Sample PDF: A Practical Guide for SMEs

Many small business owners find sustainability standards intimidating because they are filled with regulatory jargon. Terms like "Scope 3 emissions," "double materiality," and "upstream value chain" can sound confusing.

The best way to understand the EFRAG Voluntary SME (VSME) standard is to look at a completed report. Seeing how a real company structures its energy data, employee safety records, and anti-corruption disclosures makes the requirements tangible.

In this guide, we walk through a mock VSME report example for a European manufacturing company. We also provide a free, downloadable VSME report PDF to serve as a template for your own business.

The Sample Company: Nordic Tooling Oy

To illustrate the standard, we will look at Nordic Tooling Oy, a mid-market industrial manufacturing firm based in Finland:

• Employees: 68
• Industry: Metalworking and industrial parts supply
• Reporting Period: Calendar Year 2025
• Reporting Module: EFRAG VSME Basic Module (Core 11 Disclosures)

Below are key excerpts from Nordic Tooling's completed VSME report, demonstrating how to disclose core environmental and social metrics.

1. Environmental Disclosures (B1 - B7)

Disclosure B3: Energy and Greenhouse Gas (GHG) Emissions

This is the most critical section for supply chain compliance. Nordic Tooling must disclose its energy consumption and resulting carbon emissions.

• Energy Consumption:
  • Electricity consumed: 124,000 kWh (0.124 MWh)
  • Natural gas for space heating: 45,000 kWh (0.045 MWh)
  • Diesel for company vans: 4,200 liters (~41,000 kWh equivalent)
• Calculated Carbon Footprint:
  • Scope 1 (Direct Emissions from Gas & Diesel): 10.2 tonnes CO2e
  • Scope 2 (Indirect Emissions from Electricity): 1.4 tonnes CO2e (using market-based Finnish grid factors)
  • Total Operational Footprint: 11.6 tonnes CO2e

Note: In the VSME report, the calculations must show the conversion factors used and references to their sources (e.g., Statistics Finland or IEA databases).

2. Social Disclosures (B8 - B10)

Disclosure B8: Workforce Metrics

SMEs must provide transparent statistics on their employees to demonstrate fair labor standards.

• Headcount: 68 employees (62 full-time, 6 part-time)
• Gender Balance: 48 male, 20 female
• Gender Pay Gap: 4.2% (average hourly wage difference between male and female employees)

Disclosure B9: Work-Related Health and Safety

This metric is highly valued by industrial procurement managers.

• Number of recordable work-related injuries: 1 (minor finger strain)
• Lost-time injury frequency rate: 0.8 per million hours worked
• Safety training completed: 100% of assembly floor personnel received safety refreshers in Q2.

3. Governance Disclosures (B11)

Disclosure B11: Convictions and Penalties for Corruption and Bribery

A simple compliance statement regarding ethical business operations.

• Statement: "During the reporting period of 2025, Nordic Tooling Oy received zero convictions, warnings, or fines regarding bribery, corruption, anticompetitive practices, or environmental violations."

Download the Sample VSME Report PDF

Seeing these numbers in text is helpful, but seeing how they are arranged in a formal report is even better. We have compiled Nordic Tooling's complete, 4-page sustainability disclosure document into a clean, professional PDF file.

The PDF contains:

• Standardized layout following the EFRAG VSME Basic Module outline.
• Complete data tables for Scope 1 & 2 emissions, waste divisions, and gender salary statistics.
• Implementation footnotes showing data calculations.

📥 Download Free VSME Report Sample PDF (Nordic Tooling Oy)

Generate Your Own VSME Report Automatically

You do not need to waste time manually converting energy units or formatting tables.

ExecutESG's free VSME software automates the entire process. You input your basic energy bills and HR metrics, and our engine:

1. Calculates your Scope 1 & 2 carbon footprint using localized grid factors.
2. Checks your data for consistency and compliance warnings.
3. Automatically generates a formatted VSME PDF and a digital XBRL file ready to send to your corporate customers.

Generate Your VSME Report in 15 Minutes