ESG Reporting Software Market

The global ESG reporting software market is expanding rapidly, with a projected market size anticipated to rise from USD 1.83 billion in 2026 to USD 4.48 billion by 2031, recording a CAGR of 19.6%. The expansion of mandatory sustainability disclosure, led by the EU Corporate Sustainability Reporting Directive and the adoption of IFRS S1 and S2 across jurisdictions, pushes organizations toward structured, framework-aligned reporting platforms in place of manual spreadsheets. The rising adoption of artificial intelligence across data collection, emissions calculation, and disclosure drafting transforms how reporting teams work, offering automated data validation, AI-assisted analysis, and conversational access to sustainability metrics, reducing manual effort. Growing expectations for assurance-ready, auditable ESG data, driven by investors, lenders, and regulators, are connecting sustainability reporting with financial reporting controls and the finance function, raising the relevance of platforms linking both sets of data. At the same time, the repositioning of ESG data as enterprise data, often managed alongside ERP, finance, and human capital systems, is pushing vendors to build data platforms unifying sustainability information across business units and value chains. Such forces position ESG reporting software as a strategic cornerstone for enterprises, balancing disclosure compliance, data integrity, and decision making at scale.

Some of the major players in the ESG reporting software market include Wolters Kluwer (Netherlands), Nasdaq (US), PwC (UK), Workiva (US), and LSEG (UK). These companies provide ESG reporting software solutions to manage data collection, emissions accounting, and framework-aligned disclosure across complex global organizations. From deploying carbon accounting and AI assistants to integrating regulatory templates, workflow controls, and enterprise data platforms, these solutions help organizations shorten reporting cycles, improve data quality, and demonstrate traceable disclosures. Enabling more connected and data driven sustainability programs, ESG reporting software allows enterprises to remain competitive, meet regulatory obligations, and manage increasing reporting complexity across environmental, social, and governance topics.

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For instance, in June 2025, Wolters Kluwer announced two new solutions within CCH Tagetik ESG & Sustainability, one for the EU Carbon Border Adjustment Mechanism (CBAM) and one for planning and analytics. The CBAM solution uses AI to identify CBAM relevant goods and their suppliers, follows CBAM guidelines for emissions calculation, and produces submission ready reports using EU templates. The planning and analytics solution combines financial consolidation and planning data with sustainability metrics in a unified data hub and applies AI enhanced forecasting to simulate emissions trajectories. The announcement follows the June 2024 introduction of a carbon emissions offering covering Scope 1, 2, and 3, reflecting a deliberate shift from compliance reporting toward integrated finance and sustainability planning.

Wolters Kluwer (Netherlands)

Wolters Kluwer is strengthening its position in the ESG reporting software market with strategies focused on extending CCH Tagetik ESG & Sustainability, linking sustainability data with financial consolidation and planning, and adding AI to compliance workflows. The company’s core competencies include carbon emissions management covering Scope 1, 2, and 3 based on the GHG Protocol, a preloaded emission factor library, and automatic feeding of emissions data into reports for frameworks such as IFRS, SASB, and GRI. In June 2024, it added a carbon emissions offering designed to align with CSRD. In June 2025, it announced solutions for CBAM and for planning and analytics, with AI identifying CBAM-relevant goods and suppliers and simulating emissions trajectories. The company combines vertically integrating financial and sustainability data with horizontal expansion into trade related carbon compliance and planning analytics, ensuring greater consistency between finance and sustainability teams.

Nasdaq (US)

Nasdaq is reinforcing its position in the ESG reporting software market with strategies focused on end-to-end sustainability reporting software, AI-enabled benchmarking, and disclosure analysis. The company’s core competencies include Nasdaq Metrio, a sustainability reporting SaaS with automated data collection workflows, greenhouse gas calculations, multi-framework disclosure management with survey workflows and audit trails, and XBRL tagging, alongside Nasdaq Sustainable Lens, an AI-powered tool benchmarking companies against a database of more than 11,000 organizations and assessing disclosure quality against frameworks such as CSRD. In June 2022, the company announced plans to acquire Metrio, a Montreal-based ESG software provider, to complement its suite of sustainability reporting solutions. Nasdaq combines vertically integrating data collection and disclosure management with horizontal expansion into AI analysis and benchmarking, ensuring greater traceability and peer context for corporate reporting teams.

Market Ranking

The ESG reporting software market remained competitive and increasingly shaped by regulatory change, with Wolters Kluwer, Nasdaq, and PwC each advancing distinct strategies to defend and expand positions among prominent platforms in the market. Wolters Kluwer announced CBAM and planning and analytics solutions in June 2025, following its June 2024 carbon emissions offering. Nasdaq continued to offer Nasdaq Metrio for sustainability reporting alongside the AI powered Nasdaq Sustainable Lens for benchmarking and disclosure analysis. PwC extended ESG Reporting Manager – CSRD with CSRD.AI to pre-populate ESRS disclosures. Among other players, Workiva introduced Workiva Carbon in June 2024 following its acquisition of Sustain.Life, and Broadridge and Novisto announced a partnership in May 2025 to serve public company reporting needs. On the regulatory side, Directive (EU) 2026/470, known as Omnibus I, entered into force on 18 March 2026 and limits mandatory CSRD reporting to undertakings with more than 1,000 employees and a net turnover above a set threshold, reshaping the addressable base for CSRD driven demand. These developments collectively highlight how platforms are using AI, data platforms, and framework coverage to extend reach and sustain competitiveness in the market.

Related Reports:

ESG Reporting Software Market by Offering (Software and Services), Software Type (Environmental, Social, and Governance ESG Reporting Software), Deployment Type (Cloud and On-premises), Organization Size, Vertical, and Region – Global Forecast to 2031

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