Transformation

Introduction: A Turning Point for SMEs Europe's 26.1 million SMEs represent the backbone of the EU economy (European Commission SME Performance Review, 2025), yet they face mounting pressure to demonstrate sustainability credentials. The Voluntary Sustainability Reporting Standard for SMEs (VSME), officially adopted by the European Commission on July 30, 2025 (EC Press Release IP/25/1843), marks a watershed moment for smaller businesses striving to integrate sustainability an

Sustainable procurement is reshaping how organizations source goods and services, balancing environmental, social, and economic considerations. Yet, misconceptions persist. To unlock its true potential, it’s vital to understand not just what sustainable procurement is, but also what it is not. 1. Not Just About “Green” Products Sustainable procurement is often mistaken for simply buying eco-friendly products—like recycled paper or energy-efficient lighting. While environmenta