ESG Reporting Software Market Size, Share, Industry, Growth, Latest Trends
ESG Reporting Software Market by Offering (Software and Services), Deployment Type (On-premises and Cloud), Organization Size (Large Enterprises and SMEs) - Global Forecast to 2031
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The ESG reporting software market is entering a rapid expansion phase, projected to grow from USD 1,313.2 million in 2026 to USD 2,930.9 million by 2031 at a CAGR of 17.4%. Organizations now employ ESG data management platforms, which produce audit-ready data for their financial and operational systems instead of manual sustainability disclosures. The vendors experience increased demand for multi-framework ESG reporting, which includes ISSB, CSRD, GRI, and TCFD, and they require automated carbon accounting, Scope 3 emissions tracking, and AI-driven sustainability analytics. Customers increasingly prefer cloud-native ESG platforms with ERP integration and automated data ingestion and regulatory-ready audit trails to replace spreadsheet-based workflows. The financial services, manufacturing, energy, and retail sectors present high-growth opportunities, which ESG transparency brings to capital access, investor confidence, and supply chain eligibility. North America and Europe dominate adoption through their regulatory pressure, while the Asia Pacific emerges as a high-growth ESG technology market, which expands through its sustainability mandates and green finance initiatives.
KEY TAKEAWAYS
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BY REGIONNorth America is expected to hold a market value of USD 533.8 million in 2026.
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BY OFFERING AND SOFTWARE TYPEThe social ESG reporting software type is projected to grow at a CAGR of 18.4%.
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BY DEPLOYMENT TYPEThe cloud deployment is expected to grow at the fastest rate in the ESG reporting software market during the forecast period.
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BY ORGANIZATION SIZEThe large enterprises segment is expected to hold the largest market value in 2026.
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BY VERTICALThe retail & consumer goods segment is projected to grow at the highest CAGR during the forecast period.
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COMPETITIVE LANDSCAPEMajor vendors in the ESG reporting software market are focusing on automated ESG data management, regulatory compliance, and integration with enterprise systems to strengthen their market presence. Companies such as Wolters Kluwer, Nasdaq, Refinitiv, and PwC provide platforms that support multi-framework ESG reporting, data analytics, and sustainability performance monitoring to help enterprises meet evolving disclosure requirements.
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COMPETITIVE LANDSCAPEThe ecosystem also includes SMEs and startups such as Plan A, SustainLab, and Measurabl, which focus on carbon accounting, sustainability data tracking, and simplified ESG reporting tools. These providers are gaining traction by offering cloud-based, specialized ESG solutions that help organizations streamline sustainability data collection and reporting processes.
Organizations are increasingly using ESG platforms to disclose data and also to monitor operational sustainability metrics and integrate them into strategic decision-making. As ESG metrics begin to influence capital access, supplier eligibility, and corporate risk assessment, companies are prioritizing systems that provide reliable, real-time ESG insights. This transformation is positioning ESG reporting software as a core component of enterprise governance and data infrastructure rather than a standalone compliance tool.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
The ESG reporting software market is shifting from static sustainability reporting toward continuous ESG performance management and ESG enterprise intelligence. Software providers are witnessing high adoption rates for AI-based ESG analytics and data solutions, as well as ESG financial reporting solutions that treat sustainability data with the same level of importance as financial data. Another key trend in the ESG reporting and performance management market is the increasing adoption of Scope 3 emissions and supply chain sustainability data solutions, which is increasing the data complexity that organizations need to manage. Convergence in international regulations such as the ISSB, CSRD, and TCFD is driving the need for ESG compliance automation solutions that can handle these standards. The trend is forcing ESG reporting and performance management software providers to create an ESG data ecosystem that can communicate through APIs.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
Level
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Proliferation in growth of credible corporate disclosures
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Emphasis on automated data collection, reporting, and reduced manual efforts
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Fragmented ESG data across legacy systems limits reporting accuracy
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Shortage of skilled ESG and sustainability reporting professionals
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Enhancing sustainability through integration with enterprise systems
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Climate testing to gain traction among financial service organizations
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Data localization regulations increasing complexity for global ESG data management
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Rising pressure on corporate boards and government leaders to enhance ESG skills
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Proliferation in growth of credible corporate disclosures
The increasing focus on greenwashing and sustainability has made organizations turn toward verifiable investor-grade ESG reporting solutions. Over 50 countries worldwide are planning to introduce ESG disclosure regulations, while frameworks like ISSB, GRI, and CSRD are leading the charge toward standardization. This has created a surge in the requirement for automated ESG reporting solutions that can effectively handle complex reporting requirements, carbon accounting, and regulatory compliance. Organizations are seeking solutions that provide transparent ESG metrics, audit trails, and investor-grade sustainability reporting.
Restraint: Fragmented ESG data across legacy systems limits reporting accuracy
The ESG data is still highly fragmented across the organization’s ERP systems, spreadsheets, operational databases, and facility logs. This poses an issue for accurate sustainability reporting. Lack of proper data governance leads to the use of unreliable ESG metrics and incorrect calculations of emissions. This makes the use of digital reporting tools less effective. There is a need to focus on ESG solutions that can perform data ingestion, validation, and sustainability data consolidation. Without proper data architecture, ESG tools are likely to generate unreliable information.
Opportunity: Enhancing sustainability through integration with enterprise systems
By integrating ESG reporting software with existing enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), and financial reporting solutions, ESG data can be an integral part of an organization’s business processes. There is a growing need for enterprise ESG solutions that can consolidate financial, operational, and sustainability data for better ESG analytics and decision-making. There is a potential opportunity for ESG solutions that can offer real-time ESG reporting and analysis, as well as ESG data integration for better decision-making.
Challenge: Data localization regulations increasing complexity for global ESG data management
The worldwide operations of ESG data platforms face increasing difficulties because of growing data nationalism and stringent data protection regulations. The Chinese market and various European countries mandate local storage of ESG data, which prohibits international data movement. ESG software vendors need to develop solutions that enable regional cloud deployment, local compliance systems, and multiple jurisdictional data management systems. Vendors must create adaptable infrastructure for different regions because ESG disclosures will continue their international expansion to meet regulatory needs and protect sustainability data.
ESG REPORTING SOFTWARE MARKET SIZE, SHARE, INDUSTRY, GROWTH, LATEST TRENDS: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
|---|---|---|
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The Mosaic Company partnered with PwC to evaluate how climate change could impact its global operations and support its ESG disclosure readiness. Using the TCFD framework, PwC conducted qualitative risk assessments and quantitative scenario analysis to identify key physical and transition climate risks affecting Mosaic’s facilities and supply chain. | The analysis helped Mosaic better understand climate-related risks and integrate sustainability considerations into long-term strategic planning. It also strengthened organizational awareness of climate issues and positioned the company to comply with future ESG reporting requirements while improving transparency for investors and stakeholders. |
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Southwest Airlines implemented the Workiva platform to streamline complex financial and ESG reporting processes across multiple teams. The company used Workiva to centralize data, improve collaboration between departments, and manage reporting tasks such as SEC filings, internal reports, and sustainability disclosures on a single platform. | The platform helped Southwest improve reporting efficiency, ensure consistent data across departments, and reduce manual processes through automated data linking and collaboration features. It also enabled teams to save time on reporting tasks and enhance transparency and accuracy in financial and ESG disclosures. |
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Melbourne Water adopted the IBM Envizi ESG Suite to replace its legacy data management system and improve the tracking of energy consumption and ESG performance across its operations. The platform consolidated data from multiple facilities and automated ESG data collection, enabling the organization to create a centralized system for sustainability reporting and energy management. | The implementation enabled Melbourne Water to generate sustainability reports within a few hours instead of days and gain better visibility into energy consumption across its facilities. It also helped identify energy efficiency opportunities, reduce operational costs, and support the organization’s long-term goal of achieving net-zero emissions. |
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Northrop Grumman implemented Sphera’s Chemical Management solution to replace its manual and fragmented system for managing safety data sheets (SDS) and chemical compliance data. The new platform integrated with the company’s ERP system and enabled centralized management of chemical data across multiple operational sites. | The solution allowed Northrop Grumman to manage over 20,000 active safety data sheets and 50,000 material specifications while improving transparency across more than 50 sites. It also reduced data redundancies, improved compliance with global regulations such as GHS, and saved time and operational costs through automated data management. |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The ESG reporting software ecosystem comprises software platforms, sustainability advisory companies, ESG data providers, and enterprise system integrators that help organizations handle sustainability reporting on a large scale. The current ESG reporting platforms help organizations with carbon reporting, supply chain sustainability reporting, employee ESG metrics reporting, and corporate governance reporting according to global standards. However, organizations are increasingly looking for solutions that can combine ESG reporting with ERP systems, financial reporting solutions, and risk management solutions to create a single source of truth for sustainability intelligence. The ecosystem is applicable to various industries like the financial services sector, manufacturing sector, energy sector, and the retail sector.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
ESG Reporting Software Market, By Offering
The software segment is projected to maintain the largest market share in the ESG reporting software market as organizations increasingly adopt software platforms to address ESG reporting. This is because these software platforms allow companies to collect ESG data, track key performance indicators, and create reports based on global frameworks. Organizations prefer software platforms that can collect ESG data across the organization. ESG reports are becoming complex and need to be generated frequently; hence, organizations are using software platforms for ESG reporting.
ESG Reporting Software Market, By Software Type
Environmental ESG reporting software is expected to lead the market due to the increased focus on climate-related reporting and monitoring. Organizations need to monitor various metrics such as greenhouse emissions, energy consumption, water consumption, and waste management. Environmental ESG reporting solutions can help organizations measure Scope 1 emissions, Scope 2 emissions, and Scope 3 emissions while adhering to guidelines such as the GHG Protocol and TCFD. Due to the increased number of organizations going for carbon neutrality and net-zero targets, environmental ESG reporting solutions are in high demand.
ESG Reporting Software Market, By Deployment Type
The cloud-based ESG reporting software is projected to register the fastest growth due to the scalability that allows for the provision of flexible solutions for the integration of data in real time. Organizations can use cloud platforms to collect environmental, social, and governance data from various locations and systems and access unified dashboards that track their sustainability progress. The solutions enable organizations to efficiently implement software updates, integrate different regulatory frameworks, and handle international reporting obligations. The cloud deployment system decreases infrastructure expenses while providing remote access to various stakeholders, which makes it a preferred solution for businesses that need to handle international environmental, social, and governance reporting.
ESG Reporting Software Market, By Organization Size
Large enterprises, which are the largest organization size segment, have complex operations and need to maintain a high level of transparency in their ESG reports. Large enterprises face a high level of scrutiny from various stakeholders and need to maintain transparency in their ESG reports.They have the resources to invest in ESG reporting software that can meet the requirements for ESG reporting.
ESG Reporting Software Market, By Vertical
The retail & consumer goods industry is expected to grow at the highest rate in the ESG reporting software market, driven by increasing demands for transparency in supply chains. The retail industry is required to monitor its environmental performance, ethical supply chain practices, labor practices, and product sustainability. ESG reporting software helps these companies monitor their supply chain performance, manage Scope 3 emissions, and ensure overall compliance with sustainability standards. The increasing need for consumers to be provided with sustainable products is also boosting the adoption of ESG reporting software in this industry.
REGION
The Asia Pacific is expected to be the fastest-growing ESG reporting software market.
The Asia Pacific is witnessing a surge in the ESG reporting software market. The region is witnessing an increase in sustainability regulations and participation in international green finance initiatives. The governments of China, Japan, Singapore, and Australia are strengthening ESG disclosure regulations and national sustainability strategies. The rapid growth in industrialization and globalization in the region’s supply chain is forcing organizations to use digital ESG reporting solutions for international compliance. Multinational organizations in the region are demanding ESG and carbon emissions data from their suppliers.
ESG REPORTING SOFTWARE MARKET SIZE, SHARE, INDUSTRY, GROWTH, LATEST TRENDS: COMPANY EVALUATION MATRIX
Wolters Kluwer (Star) operates in the ESG reporting software market. Its regulatory intelligence, compliance expertise, and ESG financial reporting solutions create a competitive advantage for the company. The company’s ESG reporting software helps businesses create a unified reporting platform to manage their sustainability reporting, carbon reporting, governance reporting, and regulatory reporting. Workiva (Emerging Leader) expands its ESG reporting software presence through its cloud-based connected reporting platform, which enables businesses to link ESG data with financial data and governance data for collaborative reporting. The growing complexity of ESG reporting has led businesses to prioritize ESG reporting software, which provides real-time ESG data and audit-ready reporting and data linking features.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
- Wolters Kluwer (Netherlands)
- NASDAQ (US)
- PWC (UK)
- Workiva (US)
- LSEG (UK)
- Greenstone (UK)
- Spehra (US)
- Cority (Canada)
- Intelex (Canada)
- WOCE Solutions (India)
- Novisto (Canada)
- Emex (Ireland)
- IBM (US)
- Anthesis (UK)
- Diginex (China)
- Bain & Company (US)
- Keramida Inc. (US)
- IsoMetrix (US)
- Vervantis (US)
- Measurabl (US)
- Plan A (Germany)
- SustainLab (Sweden)
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2025 (Value) | USD 1,129.5 Million |
| Market Size in 2026 (Value) | USD 1,313.2 Million |
| Market Forecast in 2031 (Value) | USD 2,930.9 Million |
| CAGR | 17.4% |
| Years Considered | 2020–2031 |
| Base Year | 2025 |
| Forecast Period | 2026–2031 |
| Units Considered | USD Million |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regions Covered | North America, Asia Pacific, Europe, Middle East & Africa, Latin America |
WHAT IS IN IT FOR YOU: ESG REPORTING SOFTWARE MARKET SIZE, SHARE, INDUSTRY, GROWTH, LATEST TRENDS REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
|---|---|---|
| BFSI Institution | Deployment of ESG reporting platform to track climate risk, carbon emissions (Scope 1, 2, and 3), and regulatory disclosures | Improved transparency for investors |
| Manufacturing Enterprise | Integration of ESG reporting software with ERP and operational systems to monitor emissions, energy consumption, and sustainability performance across facilities | Centralized ESG data management |
| Retail & Consumer Goods Company | Implementation of ESG platform to monitor supply chain sustainability, ethical sourcing, and Scope 3 emissions across suppliers | Improved supply chain transparency |
RECENT DEVELOPMENTS
- January 2026 : Diginex signed a Joint Venture Framework Agreement with BGlobal and the State of Mato Grosso, Brazil, to develop a digital ESG infrastructure platform supporting decarbonization tracking, standardized sustainability data management, and MRV-ready emissions reporting. The initiative begins with a sector-focused pilot in the beef industry, demonstrating how digital ESG platforms can enhance traceability, export compliance, and transparency into sustainability across agricultural supply chains.
- November 2025 : Tata Motors and Tata Consultancy Services (TCS) launched Prakriti, an AI-driven sustainability platform developed under a five-year partnership to digitize ESG and decarbonization management across Tata Motors’ operations. Powered by TCS’s Intelligent Urban Exchange (IUX) platform, the system enables real-time emissions tracking, automated ESG reporting, and supply-chain transparency aligned with India’s SEBI BRSR framework.
- November 2025 : The Hashgraph Group (THG) partnered with PwC Switzerland and PwC Germany to develop enterprise ESG solutions powered by the Hedera distributed ledger network. The partnership focuses on improving data trust, auditability, and transparency in ESG reporting through the EcoGuard platform, supporting use cases such as carbon tracking, renewable energy certificates, and product lifecycle traceability aligned with frameworks like GRI, TCFD, and SASB.
- October 2025 : Diligent formed a strategic partnership with Persefoni AI to enhance AI-driven carbon accounting and sustainability reporting capabilities. Under the partnership, Diligent will transition its carbon accounting customers to Persefoni’s platform and take an equity stake in the company, combining governance, risk, compliance (GRC), and ESG reporting capabilities to support regulatory requirements such as CSRD and ISSB.
- June 2025 : Broadridge Financial Solutions partnered with sustainability software provider Novisto to launch a platform for end-to-end ESG data management and sustainability reporting. The solution supports data collection, benchmarking, analysis, and regulatory reporting, enabling organizations to produce investor-grade ESG disclosures aligned with evolving global sustainability regulations.
Table of Contents
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Methodology
This research study involved extensive secondary sources, directories, and databases, such as Bloomberg Business Week, Econo Times, and Factiva, to identify and collect information useful for this technical, market-oriented, and commercial ESG reporting software market study. The global ESG reporting software market size is obtained by evaluating its penetration among the major vendors and their offerings in this market. We interviewed a few startups and private companies to gain better visibility and in-depth knowledge of the market across regions. In addition, a few government associations, public sources, conferences, webinars, journals, magazines, articles, and MarketsandMarkets' internal repositories were referred to arrive at the closest/actual market size.
Secondary Research
We determined the market size of companies offering ESG reporting software based on secondary data available through paid and unpaid sources. It was also arrived at by analyzing the product portfolios of major companies and rating the companies based on their performance and quality.
In the secondary research process, various sources were referred to to identify and collect information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. The data was also collected from other secondary sources, such as journals, government websites, blogs, and vendors' websites. Additionally, the spending of various countries on ESG reporting software was extracted from the respective sources. We used secondary research to obtain the critical information related to the industry's value chain and supply chain to identify the key players based on solutions, services, market classification, and segmentation according to offerings of the major players, industry trends related to offerings, verticals, and regions, and the key developments from both market- and technology-oriented perspectives.
Primary Research
In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, including Chief Experience Officers (CXOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related critical executives from ESG reporting software vendors, industry associations, and independent consultants; and key opinion leaders.
We conducted primary interviews to gather insights, such as market statistics, the latest trends disrupting the market, new use cases implemented, data on revenue collected from products and services, market breakups, market size estimations, market forecasts, and data triangulation. Primary research also helped us understand various trends related to technology, offerings, end users, and regions. Demand-side stakeholders, such as Chief Information Officers (CIOs), Chief Technology Officers (CTOs), Chief Security Officers (CSOs), and digital initiatives project teams, were interviewed to understand the buyer's perspective on suppliers, products, service providers, and their current use, which would affect the overall ESG reporting software market.
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Market Size Estimation
We used top-down and bottom-up approaches to estimate and forecast the ESG reporting software and other dependent submarkets. We deployed a bottom-up procedure to arrive at the overall market size using the revenues and offerings of key companies in the market. With data triangulation methods and validation through primary interviews, this study determined and confirmed the exact value of the overall parent market size. We used the overall market size in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segments.
We used top-down and bottom-up approaches to estimate and validate the ESG reporting software market and other dependent subsegments.
The research methodology used to estimate the market size included the following details:
- We identified key players in the market through secondary research, and their revenue contributions in respective regions were determined through primary and secondary research.
- This procedure included studying top market players' annual and financial reports and extensive interviews for key insights from industry leaders, such as CEOs, VPs, directors, and marketing executives.
- All percentage splits and breakups were determined using secondary sources and verified through primary sources.
All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets.
ESG Reporting Software Market: Top-down and Bottom-up approaches
Data Triangulation
After arriving at the overall market size, the market was split into several segments and subsegments—using the market size estimation processes as explained above. Where applicable, data triangulation and market breakup procedures were employed to complete the overall market engineering process and determine each market segment's and subsegment's exact statistics. The data was triangulated by studying several factors and trends from the demand and supply sides in the digital map market.
Market Definition
Considering the views of various sources and associations, the ESG (Environmental, Social, and Governance) reporting software market refers to the sector focused on providing software solutions to facilitate the measurement, monitoring, and reporting of an organization's performance in terms of environmental impact, social responsibility, and corporate governance.
The market for ESG reporting software has been proliferating in response to increasing regulatory requirements, investor demands for ESG disclosure, and broader societal expectations for corporate accountability and sustainability. As a result, numerous software providers have entered the market, offering various solutions tailored to the diverse needs of organizations across different industries and regions.
Key Stakeholders
- ESG solution and service providers
- Reselling companies
- Third-party providers
- Consultants/Consultancies/Advisory firms
- Support and maintenance service providers
- Information Technology (IT) infrastructure providers
- System Integrators (SIs)
- Governments and standardization bodies
- Cloud providers
- Regional associations
- Independent software vendors
- Value-added resellers and distributors
Report Objectives
- To define, describe, and forecast the ESG reporting software market based on offering (solutions, services), rack unit, applications, form factor, type, organization size, vertical, and region
- To provide detailed information about the major factors (drivers, opportunities, restraints, and challenges) influencing the growth of the market
- To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
- To forecast the market size concerning five regions-North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America
- To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market
- To profile the key players of the market and comprehensively analyze their market size and core competencies
- To track and analyze the competitive developments, such as product enhancements, product launches, acquisitions, partnerships, and collaborations, in the ESG reporting software market globally
Available customizations
With the given market data, MarketsandMarkets offers customizations per the company's specific needs. The following customization options are available for the report:
Product analysis
- The product matrix provides a detailed comparison of each company's product portfolio.
Geographic analysis
- Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
- Further breakup of the North American market into countries contributing 75% to the regional market size
- Further breakup of the Latin American market into countries contributing 75% to the regional market size
- Further breakup of the Middle Eastern & African market into countries contributing 75% to the regional market size
- Further breakup of the European market into countries contributing 75% to the regional market size
Company information
- Detailed analysis and profiling of additional market players (up to 5)
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