New translation of the VSME ED in Polish

​EFRAG is pleased to announce that, in addition to the unofficial translations in German, French, Italian,  Spanish and Greek, an unofficial translation of the VSME ED is now available in Polish, facilitating the participation of Polish-speaking constituents in the public consultation.The translated document developed by Polish Chamber of Commerce can be found here.

​This translation is unofficial and has not been reviewed or approved by EFRAG. It aims to encourage more SMEs to engage and become familiarised with the VSME ED, having them participate in the related public consultation and overcome the language barrier.

EFRAG encourages other national standard setters and organisations to make available unofficial translations.

For more information on the VSME ED public consultation, please click here.

BACKGROUND

EFRAG has been tasked with developing a voluntary standard for non-listed SMEs (VSME). This standard aims to be a simple reporting tool used by micro-, small- and medium-sized enterprises (SMEs) to monitor their sustainability performance and to face growing and different ESG data requests from their business counterparts (i.e., banks, investors or larger companies in the upstream value chain).

The EFRAG SRB approved the VSME ED on 29 November 2023. The Exposure Draft was issued on 22 January 2024, and the consultation period expires on 21 May 2024.