CSRD or VSME? Most SMEs need VSME

Q: My customer prepares a CSRD report. What will they ask me?

Value-chain data. Since the Omnibus, suppliers with up to 1,000 employees can't be asked for more than VSME covers, so one VSME report answers most requests.

Q: Is TSRS the same as CSRD?

No. TSRS are Türkiye's ISSB-based standards; CSRD is an EU directive using the ESRS. Topics overlap; rules differ.

CSRD is the EU's mandatory reporting directive for large companies. Almost all SMEs and non⁠-⁠EU suppliers are out of scope. Your EU customers still need your data for their CSRD reports, in the VSME format.

Request a supply⁠-⁠chain VSME programme proposalNo report data is needed for the first call: we only discuss scope.

Omnibus I narrowed CSRD to companies with over 1,000 employees and over €450 million net turnover. They may not ask suppliers with up to 1,000 employees for more than VSME covers.

About the VSME report →

At a glance

	CSRD (ESRS)	VSME
Who	Very large EU companies and non⁠-⁠EU groups with large EU turnover	SMEs and value⁠-⁠chain companies with up to 1,000 employees
Mandatory	Yes, for companies in scope	No, voluntary; customers and banks ask for it
Content	Double materiality assessment, ESRS topics, long report	Basic Module B1–B11, optional Comprehensive Module C1–C9
Format	Inside the management report, digitally tagged (XBRL)	Standalone, readable report (PDF, web page)
Assurance	Mandatory limited assurance	Not required

What this means for you

Check your customer's questionnaire: if it asks for energy, emissions, workforce and business conduct data, that's VSME.
Collect one year of figures: electricity and fuel use, headcount, accidents, waste and water.
Prepare your VSME report and send it to every customer. One document instead of ten questionnaires.
Reporting in Türkiye under TSRS? The app prepares that report too.

Questions

Is my company in CSRD scope?

Most likely not. After the Omnibus, scope is limited to very large EU companies and non⁠-⁠EU groups with large EU turnover. Ask your auditor or legal adviser for your exact position.

My customer prepares a CSRD report. What will they ask me?

Value⁠-⁠chain data. Since the Omnibus, suppliers with up to 1,000 employees can't be asked for more than VSME covers, so one VSME report answers most requests.

Does Loop Reports prepare CSRD reports?

Yes: it drafts a CSRD sustainability statement in the ESRS structure. Double materiality and assurance stay with your auditor and advisers. For large⁠-⁠company report design, talk to our studio.

Is TSRS the same as CSRD?

No. TSRS are Türkiye's ISSB⁠-⁠based standards; CSRD is an EU directive using the ESRS. Topics overlap; rules differ.

The studio provides structure and design, not assurance, verification or legal advice.