Learn the essentials of ESG Frameworks for small and medium-sized enterprises (SMMEs) in the EU!
In this first part of the series, we explore 5 critical frameworks you need to understand for compliance, sustainability, and business growth.
Don't miss this breakdown to keep your business ESG-ready! 🌟
0:00 Introduction 📝
What is ESG?
Breaking down the 15 frameworks into a 3-part series.
1:28 Why ESG Matters for SMMEs 🌍
From buzzword to necessity: sustainability's importance.
Mandatory, voluntary, and supply chain impacts.
2:55 Framework 1: Corporate Sustainability Reporting Directive (CSRD) 📊
Who needs to comply?
Reporting requirements & phased implementation timeline.
7:57 Framework 2: Voluntary European Sustainability Reporting Standards (VME) 🌟
Simplified reporting for non-listed SMMEs.
Key features: proportionality, flexibility, and benefits.
12:39 Framework 3: EU Strategy for SMMEs 🚀
Key objectives: capacity building, regulatory simplification, and finance access.
Support mechanisms like the Enterprise Europe Network (EEN).
17:30 Framework 4: Light CSRD for SMMEs 💡
Tailored reporting for listed SMMEs.
Simplified disclosures and phased implementation.
21:37 Framework 5: Light EU Taxonomy for SMMEs 🌱
Simplified classification for sustainable activities.
Key principles: material environmental objectives, DNHS compliance, and social safeguards.
25:47 Key Takeaways & What’s Next 🎯
Mandatory and voluntary frameworks.
The ripple effect of larger companies’ ESG compliance on SMMEs.
Available support mechanisms.
"Which ESG framework is your business tackling first? Let us know in the comments and stay tuned for Parts 2 and 3 for the full breakdown!"
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