Senseible

How does the European Union (EU) voluntary standard for small companies (VSME) want the location of my factory given?

The standard asks for a table with each site's address, postal code, city, country and coordinates. It says coordinates shall be given with five decimal places, and allows free web map tools to find them. VSME is the European Financial Reporting Advisory Group's Voluntary standard for non-listed micro-, small- and medium-sized undertakings.

What the table looks like

What the standard says about coordinates

Why a buyer wants this

The standard says location is expected to be a valuable datapoint for judging risks and opportunities linked to climate change adaptation, water, ecosystems and biodiversity. In plain words: a buyer wants to know if your site sits on a flood plain, in a dry basin, or next to a protected forest.

Five decimal places in practice

The standard's sample, 0 degrees 00 minutes 0.036 seconds, equals 0.00001 degree, so five decimal places means a precision of 0.00001 degree. Decimal degrees such as 19.07600 meet it, and so does degrees-minutes-seconds written to that precision. Our reading: use decimal degrees and say so.

Example: a site table with two rows

Addresses and coordinates are examples for the layout only. Use your own.

What Senseible does here

Senseible fills the energy and emissions disclosure from fuel invoices and electricity bills. This disclosure is not part of it today; it comes from your own registers and papers.

Sources: European Financial Reporting Advisory Group (EFRAG), Voluntary standard for non-listed micro-, small- and medium-sized undertakings (VSME), 2024 edition, 66 pages, paragraphs 24(e), 73 to 76

Last reviewed 2026-11-07. Facts are from the standard's own text, with the paragraph numbers named in the source line. The European Commission adopted its own standard for voluntary use in a Delegated Regulation of 3 July 2026, which is not in force until it is published in the Official Journal and may differ from this text, so ask your buyer which one it means. Our own readings are marked as such.