ESG Reporting Software Market

The ESG reporting software market is projected to grow at a compound annual growth rate (CAGR) of 17.4% during the forecast period, from USD 1,313.2 million in 2026 to USD 2,930.9 million by 2031. The adoption of ESG reporting software is largely driven by increasing regulatory requirements, growing investor demand for transparency, and the need for companies to better manage and disclose sustainability performance. Governments and regulatory bodies across regions are introducing stricter ESG disclosure frameworks, requiring organizations to track and report environmental and social metrics in a structured manner. At the same time, institutional investors are placing greater emphasis on ESG performance when making investment decisions, pushing companies to provide reliable and standardized sustainability data. ESG reporting platforms help organizations centralize ESG data, automate reporting processes, and align disclosures with global standards such as GRI, SASB, and TCFD. As a result, enterprises are increasingly adopting these solutions to improve transparency, ensure compliance, and strengthen their sustainability strategies.

Major vendors in this market are based in North America and Europe. Wolters Kluwer (Netherlands), Nasdaq (US), PwC (UK), Workiva (US), LSEG (UK), Greenstone (UK), Diligent (US), Sphera (US), Cority (Canada),  and Intelex (Canada) are among the leading players operating in the ESG reporting software market. These players have adopted many growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, collaborations, mergers, acquisitions, and product developments to expand market presence.

To know about the assumptions considered for the study download the pdf brochure

In June 2025, Wolters Kluwer launched CCH Tagetik ESG & Sustainability for CBAM and Planning & Analytics to help organizations automate carbon reporting and integrate ESG with financial planning. The CBAM solution supports compliance with the EU Carbon Border Adjustment Mechanism (effective 2026) through automated emissions calculations and reporting. The platform also enables AI-driven sustainability forecasting and ESG–financial data integration for better decision-making.

Wolters Kluwer

Wolters Kluwer is a global leader in providing professional information, software solutions, and services across various sectors, including healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. With operations in over 40 countries and serving customers in more than 180 countries, Wolters Kluwer employs approximately 20,000 professionals worldwide. The company's expertise lies in helping customers make critical decisions daily by offering expert solutions that blend deep domain knowledge with specialized technology and services. In the field of ESG, Wolters Kluwer offers software solutions designed to manage, deliver, and report auditable, accurate data that meets the demands of investors, regulators, and stakeholders. Their ESG performance and reporting solutions simplify the complexity of ESG reporting and disclosure, accelerate ESG strategies with accurate data collection and analysis, and uncover operational value to reduce costs and drive profit. With a focus on demystifying ESG requirements and helping organizations achieve sustainability goals, Wolters Kluwer enables its clients to navigate the evolving landscape of corporate responsibility with confidence and assurance.

LSEG

LSEG is a renowned stock exchange and financial information company based in the UK. It operates the London Stock Exchange and owns several subsidiaries, including Refinitiv, LSEG Technology, FTSE Russell, and majority stakes in LCH and Tradeweb. LSEG specializes in market data, financial markets, innovation, commodities, and risk management, among other areas. In addition, LSEG has a strong focus on sustainable finance and investment, leveraging its expertise to enable sustainable growth. In 2021, LSEG completed the acquisition of Refinitiv, a leading data and analytics firm, for Euros 500 million. This strategic move further solidified LSEG's position as a key player in the financial information industry, enhancing its capabilities in data management, analytics, and market infrastructure. It supports sustainable finance and investment initiatives, supporting the transition to a low-carbon economy and fostering sustainable economic growth. It mitigates climate risks, navigates sustainability regulations, and incorporates social factors into its business practices through its ESG solutions.

Market Ranking

The ESG reporting software market is fragmented, with the top five players collectively accounting for approximately 27–33% of the total market. Leading vendors such as Wolters Kluwer, Nasdaq, PwC, Workiva, and Refinitiv play a significant role in shaping the competitive landscape through advanced ESG data management, compliance, and sustainability reporting capabilities. Wolters Kluwer is recognized for its strong regulatory compliance and sustainability reporting solutions, while Nasdaq provides ESG platforms that help organizations track and disclose ESG metrics to investors and regulators. PwC supports enterprises through ESG advisory, reporting frameworks, and integrated sustainability solutions. Workiva strengthens its market presence through cloud-based connected reporting platforms that integrate financial and ESG disclosures, improving data accuracy and transparency. Meanwhile, Refinitiv offers extensive ESG datasets and analytics widely used by financial institutions and corporations for sustainability reporting and investment analysis.

Related Reports:

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

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com