EFRAG Voluntary Sustainability Reporting Standard Summary

Objective of the Standard

• Supports micro, small, and medium-sized undertakings (SMEs) in sustainability reporting.

Scope of the Standard

• Voluntary; applicable to non-listed undertakings.
• Categories: micro, small, and medium-sized based on financial metrics.

Structure of the Standard

• Basic Module: Required disclosures for all SMEs.
• Comprehensive Module: Additional disclosures for thorough reporting.

Reporting Principles

• Relevant, understandable, and verifiable information.
• Include metrics and narrative disclosures as appropriate.
• Comparative information required.

Basic Module Highlights

• Environment Metrics (B3 to B7): Energy use, GHG emissions, waste management, biodiversity metrics.
• Social Metrics (B8 to B10): Workforce data, health and safety statistics, training hours.
• Governance Metrics (B11): Disclosures on corruption and bribery incidents.

Comprehensive Module Highlights

• Business Model and Sustainability Initiatives (C1): Description of practices and policies.
• Detailed environmental metrics including Scope 3 emissions (C2, C3).
• Risks associated with climate change (C4) and responses in governance (C9).

Appendices

• Appendix A: Defined terms.
• Appendix B: List of possible sustainability issues.
• Appendix C: Background for financial market participants.

Compliance and Reporting

• Ensure coherence with financial statements.
• Report on additional metrics if legally required or practically applicable.

Important Reporting Metrics

• Energy consumption in ext{MWh} including type breakdown.
• Estimated GHG emissions in ext{tCO2eq} for scope 1 and 2.
• Waste generation and recycling ratios.

Human Rights and Governance

• Assess and disclose human rights policies and incidents in the workforce.
• Gender diversity ratios in management bodies.