{"id":4206,"date":"2024-02-12T13:10:34","date_gmt":"2024-02-12T13:10:34","guid":{"rendered":"https:\/\/verso.de\/blog\/5-reasons-why-a-sustainability-report-is-also-worthwhile-for-smes\/"},"modified":"2026-02-09T09:23:37","modified_gmt":"2026-02-09T09:23:37","slug":"5-reasons-why-a-sustainability-report-is-also-worthwhile-for-smes","status":"publish","type":"post","link":"https:\/\/verso.de\/en\/blog\/5-reasons-why-a-sustainability-report-is-also-worthwhile-for-smes\/","title":{"rendered":"5 reasons why a sustainability report is also worthwhile for SMEs"},"content":{"rendered":"\t
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12.02.2024<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t

5 reasons why a sustainability report is also worthwhile for SMEs<\/h1>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\t\tMany companies – large and small – are affected by sustainability regulations such as the CSRD<\/a>, the LkSG or the European supply chain law CSDDD<\/a>. But what about those that are not subject to these regulations? Are they exempt from reporting?
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Watch out: Not being directly affected does not mean that you do not have to deal with sustainability!\r\nWe explain here why SMEs also have to provide sustainability data and what information is required. \t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/section>\n\t\n\n\n\t

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Which stakeholders request ESG data from SMEs<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

1. business partners create transparency in the supply chain<\/h3>\n

Are you a supplier<\/strong> to another company? Many SMEs supply larger companies that fall under the LkSG<\/strong> (Lieferkettensorgfaltspflichtengesetz) and are or will be affected by the EU CSRD<\/strong> (Corporate Sustainability Reporting Directive) and CSDDD<\/strong> (Corporate Sustainability Due Diligence Directive).<\/p>\n

Large companies not only have to make their own ESG information transparent<\/a>, but also that of their suppliers<\/a>.<\/p>\n

This means that you are also affected by the requirements of the regulations and will be asked by your customers for comprehensive sustainability information.<\/p>\n

As a result, you have to undergo extensive due diligence<\/strong> checks, such as the EcoVadis sustainability assessment, which identifies potential risks for people and the environment in the supply chain.<\/p>\n

Incidentally, it is not only you as a supplier who must provide evidence, but often also sub-suppliers.<\/p>\n

Your customers are also bound by industry-specific guidelines<\/strong> and laws.
\nSustainability information from the supply chain is also required from this side.
\nExamples of this include the Agricultural Organizations and Supply Chain Act (AgrarOLkG), the chemical industry standard or the industry-specific guidelines of the OEC.<\/p>\n

2. financial sector pays more attention to sustainable investments<\/h3>\n

SMEs that are supported by investors<\/strong> or have received project-related investments should definitely be prepared for ESG inquiries.
\nThe reasons for this:<\/p>\n