{"id":12080,"date":"2026-05-18T13:07:47","date_gmt":"2026-05-18T11:07:47","guid":{"rendered":"https:\/\/www.rlvt.it\/?p=12080"},"modified":"2026-05-18T13:07:50","modified_gmt":"2026-05-18T11:07:50","slug":"voluntary-sustainability-standard-2026-vsme-and-value-chain-cap","status":"publish","type":"post","link":"https:\/\/www.rlvt.it\/en\/voluntary-sustainability-standard-2026-vsme-and-value-chain-cap\/","title":{"rendered":"VOLUNTARY SUSTAINABILITY STANDARD 2026: VSME AND VALUE CHAIN CAP"},"content":{"rendered":"\n<p>The document examines a key development for many companies not subject to CSRD requirements: the potential evolution of the VSME into a voluntary European reference standard and the introduction of the so-called \u2018value chain cap\u2019, i.e. the limit on the ESG information that companies subject to mandatory reporting may request from companies within their value chain.<\/p>\n\n\n\n<p>The circular may be useful both for companies considering whether to embark on a voluntary reporting process and for those that have already prepared or are preparing a voluntary ESG report and wish to understand how to structure their reporting for the 2026 financial year.<\/p>\n\n\n\n<p>In particular, the document outlines:<\/p>\n\n\n\n<ul><li>the path from the 2024 VSME to the 2026 draft;<\/li><li>the practical implications of the value chain cap;<\/li><li>the main new features of the draft;<\/li><li>the next expected steps in the European process;<\/li><li>why the draft can already serve as a useful basis for an initial internal assessment.<\/li><\/ul>\n\n\n\n<p><br>We believe that this issue warrants attention even in the absence of a direct reporting obligation, as ESG information is playing an increasingly significant role in relations with customers, banks, investors and business partners.<\/p>\n\n\n\n<p>We remain at your disposal for any clarifications or to explore the potential operational implications for your organisation.<\/p>\n\n\n\n<div style=\"height:18px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-724x1024.jpg\" alt=\"\" class=\"wp-image-12087\" width=\"543\" height=\"768\" srcset=\"https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-724x1024.jpg 724w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-212x300.jpg 212w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-768x1087.jpg 768w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-1085x1536.jpg 1085w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-1447x2048.jpg 1447w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-100x142.jpg 100w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-1213x1717.jpg 1213w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-1584x2241.jpg 1584w, https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB-scaled.jpg 1809w\" sizes=\"(max-width: 543px) 100vw, 543px\" \/><\/figure><\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-black-background-color has-text-color has-background\" href=\"https:\/\/www.rlvt.it\/wp-content\/uploads\/2026\/05\/Circular-15_2026_VSME_2026_Value_Chain_Cap_1-en-GB.pdf\" style=\"border-radius:8px\" target=\"_blank\" rel=\"noreferrer noopener\">Download newsletter<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p> <a href=\"https:\/\/www.rlvt.it\/en\/voluntary-sustainability-standard-2026-vsme-and-value-chain-cap\/\" class=\"x-btn x-btn-mini x-btn-flat more-link\">Leggi di pi\u00f9<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[84],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.4 - 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