Business, finance and payments
VS
Abbreviation for Voluntary Standard
In short and in plain language
VS stands for a voluntary EU standard.
Firms can use it to report on sustainability, even if they do not have to.
It has applied since 24 September 2026.
From the 2027 financial year it limits which data can be asked of smaller firms in the supply chain.
Definition
VS stands for Voluntary Standard, the voluntary sustainability reporting standard set out in Delegated Regulation (EU) 2026/1560. It is aimed at companies that are not required to report on sustainability and has applied since 24 September 2026. Its rules on the value chain cap, which limits data requests along the value chain, first apply to financial years beginning on or after 1 January 2027.