ESGレポーティング用ソフトウェア市場 : 2029年までの世界予測

ESG Reporting Software Market - Global Forecast to 2029

ESGレポーティング用ソフトウェア市場 : 提供内容 (ソフトウェアとサービス)、導入タイプ (オンプレミスとクラウド)、組織規模 (大企業と中小企業)、業種 (BFSI と政府、公共部門、非営利)、地域 - 2029年までの世界予測
ESG Reporting Software Market by Offering (Software and Services), Deployment Type (On-premises and Cloud), Organization Size (Large Enterprises and SMEs), Vertical (BFSI and Government, Public Sector, and Non-profit), & Region - Global Forecast to 2029
出版年月2024年6月
ページ数260
図表数271
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The ESG reporting software market is expected to grow from USD 0.9 billion in 2024 to USD 2.1 billion by 2029, at a CAGR of 17.0% during the forecast period.

ESGレポーティング用ソフトウェア市場は、予測期間中に17.0%のCAGRで、2024年の9億米ドルから2029年までに21億米ドルに成長すると予想されています。

ESGレポーティング用ソフトウェア市場 : 2029年までの世界予測

The ESG reporting software market has gradually gained traction across various sectors, including BFSI, government, public sector & non-profit, manufacturing, retail, energy, and technology, by integrating comprehensive sustainability metrics, advanced data analytics, and real-time reporting capabilities. These software solutions offer end-to-end ESG management, including data collection, performance tracking, compliance reporting, and stakeholder engagement. Organizations are increasingly adopting ESG reporting software to enhance operational efficiency, meet regulatory requirements, and improve sustainability initiatives. The solutions segment primarily includes data integration, analytics, and reporting platforms supported by APIs, SDKs, and other connected technologies.

“As per the offering, services will grow at the highest CAGR during the forecast period. ”
Services are indispensable in ESG reporting offerings, as they give organizations assistance, know-how, and advice to manage their sustainability projects and meet the reporting requirements.
On the one hand, services assist organizations in dealing with the complexities of ESG reporting through consulting, training, and advisory services; this includes support with the establishment of sustainability goals, creation of ESG strategies, and implementation of reporting standards such as the Global Reporting Initiative (GRI), Carbon Disclosure Project (CDP), and Sustainability Accounting Standards Board (SASB). Service providers also assist organizations in identifying relevant ESG metrics, collecting and analyzing the data, and preparing ESG reports customized to the organization’s needs and stakeholder expectations. Furthermore, services could include stakeholder engagement, materiality assessments, and benchmarking that helps organizations understand their performance compared to the industry peers and best practices.
Additionally, services involve software implementation, customization, and support to ensure that organizations can adequately utilize ESG reporting software to control their sustainability data and reporting processes; this consists of software installation, configuration, and integration with existing systems, user training, and continuous technical support. Service providers collaborate closely with organizations to fine-tune the ESG reporting software to their specific needs, ensuring they get the best out of their investment while meeting their sustainability targets. The services complement ESG reporting software as they provide organizations with the knowledge, tools, and support they need to go through the complexities of sustainability reporting and show their dedication to environmental, social, and governance responsibility.

ESGレポーティング用ソフトウェア市場 : 2029年までの世界予測 ecosystem

“As per verticals, the retail & consumer goods segment will grow at the highest CAGR during the forecast period. ”
Within retail & consumer goods, the ESG reporting software is vital to help firms manage and report their sustainability activities. ESG reporting software helps retail & consumer goods companies collect, analyze, and report non-financial ESG data, including environmental impact, social initiatives, and governance practices; this involves monitoring energy consumption, waste generation, supply chain practices, labor standards, and diversity initiatives. In addition, ESG reporting software assists retail & consumer goods companies promote transparency and build trust toward consumers, investors, and other stakeholders. By providing a complete set of instruments to handle sustainability monitoring and reporting, ESG reporting software makes it possible for companies to highlight their devotion to sustainability and corporate social responsibility; this can result in brand loyalty, good reputation, and competitive advantage in the marketplace, as consumers shift to the products and brands that correspond with their sustainable and responsible behavior values.

Based on region, the European region will hold the second-largest market size during the forecast period.
The European market has very diverse business needs. Its achievements in science and technology have been significant. Moreover, R&D is an integral part of the European economy. Robust economic infrastructure and high internet penetration make Europe one of the top markets for cloud-based services. The major countries in the region’s analysis are the UK, Italy, and Germany. The established internet and robust economic infrastructure with business demand for ESG solutions make Europe one of the top three markets and the second largest in the ESG reporting software market. The major countries considered in this report for analysis are the UK, Germany, Italy, and others. The UK and Germany have the highest potential for the ESG reporting software market among all other countries. Business demands in the European market are diverse and reasonably similar to those in North America. Enterprises in this region have strong technical expertise and bigger IT budgets. Major players, such as Microsoft, Oracle, IBM, and OVH, have established cloud partnerships with European vendors to cater to customers’ growing demands and increase the customer base. The region is an early adopter of advanced technology due to the solid technical expertise and better IT budget of enterprises. Factors such as data security and data sovereignty compel enterprises in this region to adopt ESG reporting software solutions.

The breakup of the profiles of the primary participants is below:
 By Company: Tier I: 40%, Tier II: 30%, and Tier III: 30%
 By Designation: C-Level Executives: 25%, Director Level: 45%, and Others: 30%
 By Region: North America: 40%, Europe: 25%, Asia Pacific: 20%, Rest of World: 15%

ESGレポーティング用ソフトウェア市場 : 2029年までの世界予測 region
Note: Tier 1 companies have more than USD 10 billion, tier 2 companies’ revenue ranges between USD 1 and 10 billion, and tier 3 companies’ revenue ranges between USD 500 million and 1 billion. Other designations include sales managers, marketing managers, and product managers.
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
Some of the significant vendors offering ESG reporting software solutions across the globe include.
Wolters Kluwer (Netherlands), Nasdaq(US), PWC(UK), Workiva(US), LSEG(UK), Greenstone(UK), Diligent(US), Sphera(US), Cority(Canada), and Intelex(Canada)

Research coverage:
The market study covers the ESG reporting software market across segments. It aims to estimate the market size and the growth potential of this market across different market segments, such as offering, deployment type, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall ESG reporting software market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
Analysis of key drivers (ESG reporting software facilitates proactive risk management strategies by allowing companies to set thresholds, benchmarks, and targets related to ESG performance metrics), opportunities (ESG reporting software could be integrated with various enterprise systems, such as ERP, CRM, and HCM platforms, to consolidate data and streamline reporting processes), and challenges (the rise in the broadened scope of corporate board responsibilities also requires sincere focus and timeline commitment from board members to meet their legal duties).

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the ESG reporting software market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the ESG reporting software market across varied regions.

• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the ESG reporting software market.

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and business processes offered in the ESG reporting software market of leading players like Wolters Kluwer (Netherlands), Nasdaq(US), PWC(UK), Workiva(US), LSEG(UK), among others in the ESG reporting software market.

Table of Contents

1            INTRODUCTION            36

1.1         STUDY OBJECTIVES      36

1.2         MARKET DEFINITION   36

1.2.1      INCLUSIONS AND EXCLUSIONS 36

1.3         STUDY SCOPE  37

1.3.1      MARKET SEGMENTATION         37

1.3.2      REGIONS COVERED      38

1.4         YEARS CONSIDERED     38

1.5         CURRENCY CONSIDERED          39

TABLE 1             USD EXCHANGE RATES, 2019–2023         39

1.6         STAKEHOLDERS            39

1.7         SUMMARY OF CHANGES            40

1.7.1      RECESSION IMPACT      40

2            RESEARCH METHODOLOGY     42

2.1         RESEARCH DATA           42

FIGURE 1           ESG REPORTING SOFTWARE MARKET: RESEARCH DESIGN              43

2.1.1      SECONDARY DATA       43

2.1.2      PRIMARY DATA 44

2.1.2.1   Breakup of primary interviews         45

2.1.2.2   Key insights from industry experts   45

2.2         DATA TRIANGULATION             46

FIGURE 2           ESG REPORTING SOFTWARE MARKET: DATA TRIANGULATION          46

2.3         MARKET SIZE ESTIMATION       47

FIGURE 3           ESG REPORTING SOFTWARE MARKET: TOP-DOWN AND  BOTTOM-UP APPROACHES       47

2.3.1      TOP-DOWN APPROACH             48

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       48

2.3.2      BOTTOM-UP APPROACH           48

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       49

FIGURE 6           ESG REPORTING SOFTWARE MARKET: RESEARCH FLOW              49

2.3.3      MARKET ESTIMATION APPROACHES    50

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS          50

FIGURE 8           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FROM SUPPLY SIDE – COLLECTIVE REVENUE OF VENDORS 50

FIGURE 9           BOTTOM-UP APPROACH FROM SUPPLY SIDE: COLLECTIVE  REVENUE OF VENDORS              51

FIGURE 10         DEMAND-SIDE APPROACH: ESG REPORTING SOFTWARE MARKET            51

2.4         MARKET FORECAST      52

TABLE 2             FACTOR ANALYSIS        52

2.5         RECESSION IMPACT ON ESG REPORTING SOFTWARE MARKET 53

2.6         RESEARCH ASSUMPTIONS         54

2.7         LIMITATIONS AND RISK ASSESSMENT  56

3            EXECUTIVE SUMMARY 57

FIGURE 11         ESG REPORTING SOFTWARE MANAGEMENT MARKET SNAPSHOT, 2021–2029   58

FIGURE 12         TOP MARKET SEGMENTS IN TERMS OF GROWTH RATE              59

FIGURE 13         NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD       60

4            PREMIUM INSIGHTS      61

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN ESG REPORTING SOFTWARE MARKET          61

FIGURE 14         RISING REGULATORY PRESSURES ACROSS VERTICALS AND INVESTOR DEMAND TO PROPEL ESG REPORTING SOFTWARE MARKET GROWTH          61

4.2         ESG REPORTING SOFTWARE MARKET, BY OFFERING, 2024 VS. 2029              61

FIGURE 15         SOFTWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      61

4.3         ESG REPORTING SOFTWARE MARKET, BY SOFTWARE TYPE, 2024 VS. 2029      62

FIGURE 16         ENVIRONMENTAL ESG REPORTING SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029          62

4.4        ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024 VS. 2029      62

FIGURE 17         ON-PREMISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      62

4.5         ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2024 VS. 2029 63

FIGURE 18         LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD    63

4.6         ESG REPORTING SOFTWARE MARKET, BY VERTICAL, 2024 VS. 2029              63

FIGURE 19         BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD     63

4.7         ESG REPORTING SOFTWARE MARKET, BY REGION, 2024 VS. 2029              64

FIGURE 20         ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS      64

5            MARKET OVERVIEW AND INDUSTRY TRENDS   65

5.1         INTRODUCTION            65

5.2         MARKET DYNAMICS     65

FIGURE 21         ESG REPORTING SOFTWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    65

5.2.1      DRIVERS            66

5.2.1.1   Consistent growth in corporate data volume  66

5.2.1.2   Proliferation in growth of credible corporate disclosures            66

5.2.1.3   Emphasis on automated data collection, reporting, and reduced manual efforts              66

5.2.1.4   Growing demand for navigating and mitigating ESG risks          66

5.2.2      RESTRAINTS     67

5.2.2.1   Huge initial capital expenditure       67

5.2.2.2   Regulatory uncertainty hindering adoption and expansion of ESG reporting software 67

5.2.3      OPPORTUNITIES           67

5.2.3.1   Climate testing to gain traction among financial service organizations     67

5.2.3.2   Assessment of natural capital and biodiversity risks to grow significantly  68

5.2.3.3   Enhancing sustainability through integration with enterprise systems      68

5.2.4      CHALLENGES   68

5.2.4.1   Inadequate management practices and lack of skilled workforce 68

5.2.4.2   Rising pressure on corporate boards and government leaders to enhance ESG skills              68

5.3         CASE STUDY ANALYSIS 69

5.3.1      MOSAIC COMPANY REDUCED EMISSIONS AND ADAPTED TO CHANGING REGULATORY ENVIRONMENTS WITH PWC 69

5.3.2      SOUTHWEST AIRLINES STREAMLINED INTERNAL AND EXTERNAL REPORTING BY DEPLOYING WORKIVA’S SOLUTIONS   70

5.3.3      DAVINES GROUP IMPROVED DATA ACCURACY AND REPORTING WITH GREENSTONE’S ESG SOFTWARE 70

5.3.4      MELBOURNE WATER STREAMLINED SUSTAINABILITY REPORTING TO CREATE SINGLE SYSTEM OF RECORD FOR ENERGY USE AND ESG PERFORMANCE WITH IBM’S ENVIZI SUITE         71

5.3.5      NORTHROP GRUMMAN MAXIMIZED EFFICIENCY WITH IMPROVED DATA MANAGEMENT BY DEPLOYING SPHERA’S SOLUTION      72

5.4         ECOSYSTEM ANALYSIS 73

TABLE 3             ESG REPORTING SOFTWARE MARKET: ECOSYSTEM      73

FIGURE 22         KEY PLAYERS IN ESG REPORTING SOFTWARE MARKET ECOSYSTEM     74

5.5         VALUE CHAIN ANALYSIS            75

FIGURE 23         ESG REPORTING SOFTWARE MARKET: VALUE CHAIN ANALYSIS          75

5.6         PRICING ANALYSIS        76

5.6.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE              76

TABLE 4             INDICATIVE PRICING ANALYSIS OF ESG REPORTING SOFTWARE MARKET, BY SOFTWARE     76

5.6.2      AVERAGE SELLING PRICE TREND OF KEY PLAYERS,  BY ORGANIZATION SIZE    77

5.7         PATENT ANALYSIS        77

FIGURE 24         NUMBER OF PATENTS PUBLISHED, 2013–2023   77

FIGURE 25         NUMBER OF PATENTS GRANTED FOR ESG REPORTING SOFTWARE MARKET (GLOBAL) IN 2023 78

TABLE 5             TOP 10 PATENT OWNERS IN LAST 10 YEARS      78

5.8         TECHNOLOGY ANALYSIS           79

5.8.1      KEY TECHNOLOGIES    79

5.8.1.1   Cloud computing 79

5.8.1.2   Data analytics and business intelligence tools 79

5.8.2      COMPLEMENTARY TECHNOLOGIES     79

5.8.2.1   IoT        79

5.8.2.2   Cybersecurity      80

5.8.3      ADJACENT TECHNOLOGIES      80

5.8.3.1   AI/ML   80

5.8.3.2   Blockchain           80

5.9         REGULATORY LANDSCAPE       81

5.9.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          81

TABLE 6             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 7             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 8             ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         82

TABLE 9             ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         82

5.9.2      REGULATIONS, BY REGION       82

5.9.2.1   North America     82

5.9.2.2   Europe  83

5.9.2.3   Asia Pacific          84

5.9.2.4   Middle East & South Africa              84

5.9.2.5   Latin America      84

5.9.3      REGULATORY IMPLICATIONS AND INDUSTRY STANDARDS      85

5.9.3.1   General Data Protection Regulation (GDPR) 85

5.9.3.2   SEC Rule 17a-4   85

5.9.3.3   ISO/IEC 27001   85

5.9.3.4   System and Organization Controls (SOC) 2 type II compliance 85

5.9.3.5   Financial Industry Regulatory Authority (FINRA)       85

5.9.3.6   Freedom of Information Act (FOIA)              86

5.9.3.7   Health Insurance Portability and Accountability Act (HIPAA)  86

5.10       PORTER’S FIVE FORCES ANALYSIS         86

TABLE 10           PORTER’S FIVE FORCES’ IMPACT ON ESG REPORTING SOFTWARE MARKET     86

FIGURE 26         PORTER’S FIVE FORCES ANALYSIS: ESG REPORTING SOFTWARE MARKET     87

5.10.1    THREAT OF NEW ENTRANTS    87

5.10.2    THREAT OF SUBSTITUTES         87

5.10.3    BARGAINING POWER OF SUPPLIERS     88

5.10.4    BARGAINING POWER OF BUYERS           88

5.10.5    INTENSITY OF COMPETITIVE RIVALRY 88

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     88

TABLE 11           ESG REPORTING SOFTWARE MARKET: KEY CONFERENCES AND EVENTS, 2024–2025             88

5.12       TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 89

FIGURE 27         ESG REPORTING SOFTWARE MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 89

5.13       KEY STAKEHOLDERS AND BUYING CRITERIA    90

5.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         90

FIGURE 28         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS             90

TABLE 12           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS             90

5.14       BUYING CRITERIA         91

FIGURE 29         KEY BUYING CRITERIA FOR TOP THREE VERTICALS     91

TABLE 13           KEY BUYING CRITERIA FOR TOP THREE VERTICALS     91

5.15       BUSINESS MODEL ANALYSIS     91

5.15.1    SUBSCRIPTION-BASED MODEL 92

5.15.2    PAY-PER-USE MODEL   92

5.15.3    ENTERPRISE LICENSING MODEL           92

5.15.4    FREEMIUM MODEL       92

5.15.5    ENTERPRISE LICENSING MODEL           93

5.16       INVESTMENT & FUNDING SCENARIO    93

FIGURE 30         LEADING GLOBAL ESG REPORTING SOFTWARE MARKET VENDORS BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023    93

6            ESG REPORTING SOFTWARE MARKET, BY OFFERING    94

6.1         INTRODUCTION            95

6.1.1      OFFERINGS: ESG REPORTING SOFTWARE MARKET DRIVERS     95

FIGURE 31         SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD       95

TABLE 14           ESG REPORTING SOFTWARE MARKET, BY OFFERING, 2019–2023 (USD MILLION)     95

TABLE 15           ESG REPORTING SOFTWARE MARKET, BY OFFERING, 2024–2029 (USD MILLION)     96

6.2         SOFTWARE       96

FIGURE 32         SOCIAL ESG REPORTING SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    96

TABLE 16           ESG REPORTING SOFTWARE MARKET, BY SOFTWARE, 2019–2023 (USD MILLION)     97

TABLE 17           ESG REPORTING SOFTWARE MARKET, BY SOFTWARE, 2024–2029 (USD MILLION)     97

TABLE 18          SOFTWARE: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)          97

TABLE 19          SOFTWARE: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)          98

6.2.1      SOFTWARE TYPES: ESG REPORTING SOFTWARE MARKET          98

6.2.2      ENVIRONMENTAL ESG REPORTING SOFTWARE             98

6.2.2.1   Environmental ESG reporting software to help organizations calculate KPIs and generate comprehensive reports      98

TABLE 20           ENVIRONMENTAL ESG REPORTING SOFTWARE: ESG REPORTING SOFTWARE MARKET,  BY REGION, 2019–2023 (USD MILLION)              99

TABLE 21           ENVIRONMENTAL ESG REPORTING SOFTWARE: ESG REPORTING SOFTWARE MARKET,  BY REGION, 2024–2029 (USD MILLION)              99

6.2.2.2   Carbon emission tracking software  99

6.2.2.2.1 Emission inventory management     100

6.2.2.2.2 Carbon footprint calculation            100

6.2.2.2.3 Emission reduction goal tracking      100

6.2.2.3   Energy consumption monitoring software      100

6.2.2.3.1 Energy usage tracking        100

6.2.2.3.2 Demand-side management 101

6.2.2.3.3 Energy conservation measures tracking          101

6.2.2.4   Sustainability performance management software        101

6.2.2.4.1 Water usage tracking         101

6.2.2.4.2 Waste management and recycling    101

6.2.2.4.3 Biodiversity conservation efforts      102

6.2.2.5   Climate risk assessment software     102

6.2.2.5.1 Physical risk assessment     102

6.2.2.5.2 Transition risk analysis      102

6.2.2.5.3 Resilience planning and adaptation strategies 102

6.2.2.6   Environmental Impact Assessment (EIA) software      103

6.2.2.6.1 Project-specific impact assessment  103

6.2.2.6.2 Regulatory compliance evaluations  103

6.2.2.6.3 Mitigation measures planning and monitoring             103

6.2.3      SOCIAL ESG REPORTING SOFTWARE    104

6.2.3.1   Social ESG reporting software to help organizations control their social impact, spot weak points, and contribute to CSR        104

TABLE 22           SOCIAL ESG REPORTING SOFTWARE: ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION)     104

TABLE 23           SOCIAL ESG REPORTING SOFTWARE: ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)     105

6.2.3.2   Diversity metrics tracking software  105

6.2.3.2.1 Gender diversity  105

6.2.3.2.2 Ethnic diversity    105

6.2.3.2.3 LGBTQ+ representation   106

6.2.3.2.4 Accessibility initiatives       106

6.2.3.3   Labor practices reporting software   106

6.2.3.3.1 Labor rights compliance monitoring 106

6.2.3.3.2 Workplace safety programs 106

6.2.3.3.3 Employee engagement surveys        107

6.2.3.4   Community engagement tracking software    107

6.2.3.4.1 Community investment tracking      107

6.2.3.4.2 Stakeholder consultation platforms  107

6.2.3.4.3 SLO management 107

6.2.3.5   Human rights assessment software  108

6.2.3.5.1 Supply chain human rights audits     108

6.2.3.5.2 Human Rights Impact Assessments (HRIAs) 108

6.2.3.5.3 Human trafficking and modern slavery risk assessment 108

6.2.3.6   Social Impact Assessment (SIA) software       108

6.2.3.6.1 Social Return on Investment (SRoI) analysis audits      109

6.2.3.6.2 Community development indicators tracking 109

6.2.3.6.3 Poverty alleviation program evaluation          109

6.2.4      GOVERNANCE ESG REPORTING SOFTWARE      109

6.2.4.1   Governance ESG reporting software organizations to simplify data collection by collecting information from various sources   109

TABLE 24           GOVERNANCE ESG REPORTING SOFTWARE: ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION)     110

TABLE 25           GOVERNANCE ESG REPORTING SOFTWARE: ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)     110

6.2.4.2   Corporate governance reporting software      110

6.2.4.2.1 Board of directors management       111

6.2.4.2.2 Governance structure documentation            111

6.2.4.2.3 Shareholder engagement tools         111

6.2.4.3   Ethics and compliance management software 111

6.2.4.3.1 Code of conduct enforcement          111

6.2.4.3.2 Whistleblower hotline management 112

6.2.4.3.3 Compliance training and certification tracking             112

6.2.4.4   Risk management software 112

6.2.4.4.1 Enterprise Risk Management (ERM)             112

6.2.4.4.2 Internal control assessments            112

6.2.4.4.3 Risk heat maps and dashboards        113

6.2.4.5   Regulatory compliance tracking software       113

6.2.4.5.1 Regulatory change management      113

6.2.4.5.2 Compliance calendar and deadline tracking    113

6.2.4.5.3 Audit trail documentation  113

6.2.4.6   Internal audit software       114

6.2.4.6.1 Audit planning and scheduling         114

6.2.4.6.2 Audit findings management             114

6.2.4.6.3 Audit report generation and distribution        114

6.3         SERVICES          115

TABLE 26           SERVICES: ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION)          115

TABLE 27           SERVICES: ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)          115

6.3.1      CONSULTING   116

6.3.1.1   Consulting services to assess materiality of ESG issues, identify relevant reporting frameworks, and establish KPIs to measure performance           116

6.3.2      INTEGRATION & DEPLOYMENT             116

6.3.2.1   Integration & deployment services to help in seamless integration of ESG reporting software with organization’s existing systems              116

6.3.3      SUPPORT & MAINTENANCE      117

6.3.3.1   Support & maintenance services to ensure smooth operation and effectiveness of ESG reporting software     117

7            ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE 118

7.1         INTRODUCTION            119

FIGURE 33         CLOUD SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD       119

7.1.1      DEPLOYMENT TYPES: ESG REPORTING SOFTWARE MARKET DRIVERS              119

TABLE 28           ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)          120

TABLE 29           ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)          120

7.2         CLOUD 120

7.2.1      COST-EFFECTIVENESS, EASY ACCESS, AND SCALABILITY TO BOOST DEMAND FOR CLOUD-BASED ESG SOLUTIONS 120

TABLE 30           CLOUD: ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION)          121

TABLE 31           CLOUD: ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)          121

7.3         ON-PREMISES   121

7.3.1      RISING FOCUS ON SECURITY AND COMPLIANCE TO FUEL DEMAND FOR ON-PREMISES ESG REPORTING SOFTWARE            121

TABLE 32           ON-PREMISES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)     122

TABLE 33           ON-PREMISES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)     122

8            ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE              123

8.1         INTRODUCTION            124

FIGURE 34         SMES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD       124

8.1.1      ORGANIZATION SIZES: ESG REPORTING SOFTWARE MARKET DRIVERS              124

TABLE 34           ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)            125

TABLE 35           ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)            125

8.2         SMALL AND MEDIUM-SIZED ENTERPRISES        125

8.2.1      ESG REPORTING SOFTWARE TO OFFER CENTRALIZED DATA COLLECTION, ANALYSIS, AND REPORTING PLATFORM FOR SUSTAINABILITY DATA   125

TABLE 36           SMALL AND MEDIUM-SIZED ENTERPRISES: ESG REPORTING SOFTWARE MARKET,  BY REGION, 2019–2023 (USD MILLION)   126

TABLE 37           SMALL AND MEDIUM-SIZED ENTERPRISES: ESG REPORTING SOFTWARE MARKET,  BY REGION, 2024–2029 (USD MILLION)   126

8.3         LARGE ENTERPRISES    127

8.3.1      ESG REPORTING SOFTWARE TO HELP LARGE-SCALE COMPANIES ENHANCE REPUTATION, MINIMIZE RISKS, AND REINFORCE THEIR COMPETITIVE EDGE FOR MANAGING RISKS     127

TABLE 38           LARGE ENTERPRISES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)             127

TABLE 39           LARGE ENTERPRISES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)             127

9            ESG REPORTING SOFTWARE MARKET, BY VERTICAL    128

9.1         INTRODUCTION            129

FIGURE 35         BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD       129

9.1.1      VERTICALS: ESG REPORTING SOFTWARE MARKET DRIVERS     129

TABLE 40           ESG REPORTING SOFTWARE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 130

TABLE 41           ESG REPORTING SOFTWARE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 130

9.2         BFSI      131

9.2.1      NEED FOR CAPITAL INVESTMENT AND FINANCIAL SUPPORT TO SPUR DEMAND FOR ESG REPORTING SOFTWARE IN BFSI       131

9.2.2      BFSI: APPLICATION AREAS        131

9.2.2.1   Risk management & compliance      131

9.2.2.2   Investment analysis & decision making          131

9.2.2.3   Stakeholder engagement & transparency        131

9.2.2.4   Credit risk management     131

9.2.2.5   Other BFSI application areas           132

TABLE 42           BFSI: ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION)     132

TABLE 43           BFSI: ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)     132

9.3         GOVERNMENT, PUBLIC SECTOR, AND NON-PROFIT     133

9.3.1      NEED FOR REGULATORY COMPLIANCE & REPORTING, POLICY DEVELOPMENT, AND IMPLEMENTATION TO PROPEL MARKET             133

9.3.2      GOVERNMENT, PUBLIC SECTOR, AND NON-PROFIT: APPLICATION AREAS  133

9.3.2.1   Policy development & implementation           133

9.3.2.2   Regulatory compliance & reporting  133

9.3.2.3   Public service delivery optimization 133

9.3.2.4   Other government, public sector, and non-profit application areas          133

TABLE 44           GOVERNMENT, PUBLIC SECTOR, AND NON-PROFIT: ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION)              134

TABLE 45           GOVERNMENT, PUBLIC SECTOR, AND NON-PROFIT: ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)              134

9.4         MANUFACTURING        135

9.4.1      NEED TO CONTROL HIGH CARBON EMISSIONS AND WATER SCARCITY TO ACCELERATE MARKET GROWTH     135

9.4.2      MANUFACTURING: APPLICATION AREAS           135

9.4.2.1   Environmental impact assessment & management       135

9.4.2.2   Supply chain sustainability 135

9.4.2.3   Energy efficiency & resource management     135

9.4.2.4   Compliance & regulatory reporting  135

9.4.2.5   Product lifecycle assessment            136

9.4.2.6   Risk identification & mitigation        136

TABLE 46           MANUFACTURING: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)     136

TABLE 47           MANUFACTURING: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)     136

9.5         FOOD & BEVERAGES     137

9.5.1      ESG REPORTING SOFTWARE TO CREATE SUPPLY CHAIN TRANSPARENCY AND MANAGE WASTE AND CARBON EMISSION            137

9.5.2      FOOD & BEVERAGES: APPLICATION AREAS       137

9.5.2.1   Supply chain transparency & visibility            137

9.5.2.2   Carbon & energy management         137

9.5.2.3   Waste management & conservation 137

9.5.2.4   Social responsibility & labor practices            138

TABLE 48           FOOD & BEVERAGES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)             138

TABLE 49           FOOD & BEVERAGES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)             138

9.6         RETAIL & CONSUMER GOODS  139

9.6.1      ESG REPORTING SOFTWARE TO MONITOR ENERGY CONSUMPTION, WASTE GENERATION, SUPPLY CHAIN PRACTICES, LABOR STANDARDS, AND DIVERSITY INITIATIVES             139

9.6.2      RETAIL & CONSUMER GOODS: APPLICATION AREAS     139

9.6.2.1   Supply chain transparency & sustainability    139

9.6.2.2   Energy & resource management      139

9.6.2.3   Corporate governance & ethics        139

9.6.2.4   Stakeholder communication & transparency  139

TABLE 50           RETAIL & CONSUMER GOODS: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)          140

TABLE 51           RETAIL & CONSUMER GOODS: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)          140

9.7         ENERGY & UTILITIES    141

9.7.1      NEED FOR RENEWABLE ENERGY INTEGRATION & TRANSITION, CARBON FOOTPRINT MONITORING, AND RESOURCE CONSERVATION TO DRIVE MARKET 141

9.7.2      ENERGY & UTILITIES: APPLICATION AREAS      141

9.7.2.1   Carbon footprint monitoring & reduction      141

9.7.2.2   Renewable energy integration & transition     141

9.7.2.3   Resource efficiency & conservation  141

9.7.2.4   Other energy & utilities application areas      142

TABLE 52           ENERGY & UTILITIES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)             142

TABLE 53           ENERGY & UTILITIES: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)             142

9.8         OTHER VERTICALS       143

TABLE 54           OTHER VERTICALS: ESG REPORTING SOFTWARE MARKET, BY REGION,  2019–2023 (USD MILLION)     143

TABLE 55           OTHER VERTICALS: ESG REPORTING SOFTWARE MARKET, BY REGION,  2024–2029 (USD MILLION)     143

10          ESG REPORTING SOFTWARE MARKET, BY REGION        144

10.1       INTRODUCTION            145

FIGURE 36         NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET BY 2029      145

TABLE 56           ESG REPORTING SOFTWARE MARKET, BY REGION, 2019–2023 (USD MILLION) 145

TABLE 57           ESG REPORTING SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 146

10.2       NORTH AMERICA          146

10.2.1    NORTH AMERICA: ESG REPORTING SOFTWARE MARKET DRIVERS              146

10.2.2    NORTH AMERICA: RECESSION IMPACT 147

FIGURE 37         NORTH AMERICA: MARKET SNAPSHOT 147

TABLE 58           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2019–2023 (USD MILLION) 148

TABLE 59           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2024–2029 (USD MILLION) 148

TABLE 60           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2019–2023 (USD MILLION)             148

TABLE 61           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2024–2029 (USD MILLION)             149

TABLE 62           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           149

TABLE 63           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 149

TABLE 64           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          149

TABLE 65           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          150

TABLE 66           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2019–2023 (USD MILLION) 150

TABLE 67           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 150

TABLE 68           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY COUNTRY,  2019–2023 (USD MILLION) 151

TABLE 69           NORTH AMERICA: ESG REPORTING SOFTWARE MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 151

10.2.3    US         151

10.2.3.1 Need to monitor, manage, and report eco-friendly projects and sustainability outcome to fuel demand for ESG reporting software    151

TABLE 70           US: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)          152

TABLE 71           US: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)          152

TABLE 72           US: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)            152

TABLE 73           US: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)            152

10.2.4    CANADA            153

10.2.4.1 Government initiatives for cloud adoption and stable economy and rising adoption of sustainability to drive market       153

TABLE 74           CANADA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           153

TABLE 75           CANADA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           153

TABLE 76           CANADA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          153

TABLE 77           CANADA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          154

10.3       EUROPE             154

10.3.1    EUROPE: ESG REPORTING SOFTWARE MARKET DRIVERS           154

10.3.2    EUROPE: RECESSION IMPACT   155

TABLE 78           EUROPE: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2019–2023 (USD MILLION)          155

TABLE 79           EUROPE: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2024–2029 (USD MILLION)          155

TABLE 80          EUROPE: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2019–2023 (USD MILLION)          156

TABLE 81          EUROPE: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2024–2029 (USD MILLION)          156

TABLE 82           EUROPE: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           156

TABLE 83           EUROPE: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           157

TABLE 84           EUROPE: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          157

TABLE 85           EUROPE: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          157

TABLE 86           EUROPE: ESG REPORTING SOFTWARE MARKET, BY VERTICAL, 2019–2023 (USD MILLION)          158

TABLE 87           EUROPE: ESG REPORTING SOFTWARE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)          158

TABLE 88           EUROPE: ESG REPORTING SOFTWARE MARKET, BY COUNTRY, 2019–2023 (USD MILLION)          158

TABLE 89           EUROPE: ESG REPORTING SOFTWARE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          159

10.3.3    UK         159

10.3.3.1 Increased operational efficiency and rising focus on importance of sustainability to boost demand for ESG reporting software  159

TABLE 90           UK: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)          159

TABLE 91           UK: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)          160

TABLE 92           UK: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)            160

TABLE 93           UK: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)            160

10.3.4    GERMANY         161

10.3.4.1 Rising Internet use, rapid implementation of new technologies, and increasing adoption of digitalization to propel market     161

TABLE 94           GERMANY: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           161

TABLE 95           GERMANY: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           161

TABLE 96           GERMANY: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          162

TABLE 97           GERMANY: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          162

10.3.5    ITALY   162

10.3.5.1 Increasing reporting regulations and rising demand for ESG disclosures to spur market growth     162

TABLE 98           ITALY: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           163

TABLE 99           ITALY: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           163

TABLE 100         ITALY: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          163

TABLE 101         ITALY: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          163

10.3.6    REST OF EUROPE           164

TABLE 102         REST OF EUROPE: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           164

TABLE 103         REST OF EUROPE: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           164

TABLE 104         REST OF EUROPE: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            164

TABLE 105         REST OF EUROPE: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          165

10.4       ASIA PACIFIC    165

10.4.1    ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET DRIVERS  165

10.4.2    ASIA PACIFIC: RECESSION IMPACT        166

FIGURE 38         ASIA PACIFIC: MARKET SNAPSHOT       166

TABLE 106         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2019–2023 (USD MILLION) 167

TABLE 107         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2024–2029 (USD MILLION) 167

TABLE 108         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2019–2023 (USD MILLION)             167

TABLE 109         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2024–2029 (USD MILLION)             168

TABLE 110         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           168

TABLE 111         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           168

TABLE 112         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          168

TABLE 113         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          169

TABLE 114         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2019–2023 (USD MILLION) 169

TABLE 115         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 169

TABLE 116         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY COUNTRY,  2019–2023 (USD MILLION) 170

TABLE 117         ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 170

10.4.3    CHINA  170

10.4.3.1 Focus on corporate social responsibility and sustainable business practices and increased adoption of new technologies to foster market            170

TABLE 118         CHINA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           171

TABLE 119         CHINA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           171

TABLE 120         CHINA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          171

TABLE 121         CHINA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          171

10.4.4    JAPAN  172

10.4.4.1 Enterprises’ shift toward digital transformation and focus on streamlining business process to drive market      172

TABLE 122         JAPAN: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           172

TABLE 123         JAPAN: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           172

TABLE 124         JAPAN: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          173

TABLE 125         JAPAN: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          173

10.4.5    REST OF ASIA PACIFIC  173

TABLE 126         REST OF ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        174

TABLE 127         REST OF ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        174

TABLE 128         REST OF ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       174

TABLE 129         REST OF ASIA PACIFIC: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       174

10.5       MIDDLE EAST & AFRICA             175

10.5.1    MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET DRIVERS            175

10.5.2    MIDDLE EAST & AFRICA: RECESSION IMPACT   175

TABLE 130        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2019–2023 (USD MILLION)         176

TABLE 131        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2024–2029 (USD MILLION)         176

TABLE 132        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2019–2023 (USD MILLION)        176

TABLE 133        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2024–2029 (USD MILLION)        177

TABLE 134        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        177

TABLE 135        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        177

TABLE 136        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       177

TABLE 137        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       178

TABLE 138        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2019–2023 (USD MILLION)          178

TABLE 139        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2024–2029 (USD MILLION)          178

TABLE 140        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY SUBREGION,  2019–2023 (USD MILLION)      179

TABLE 141        MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY SUBREGION,  2024–2029 (USD MILLION)      179

10.5.3    GULF COOPERATION COUNCIL COUNTRIES     179

10.5.3.1 Increasing emphasis on corporate social responsibility, sustainable business practices, and rising digital transformation to drive market        179

TABLE 142         GULF COOPERATION COUNCIL COUNTRIES: ESG REPORTING SOFTWARE MARKET,  BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)              180

TABLE 143         GULF COOPERATION COUNCIL COUNTRIES: ESG REPORTING SOFTWARE MARKET,  BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)              180

TABLE 144         GULF COOPERATION COUNCIL COUNTRIES: ESG REPORTING SOFTWARE MARKET,  BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)              180

TABLE 145         GULF COOPERATION COUNCIL COUNTRIES: ESG REPORTING SOFTWARE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              180

10.5.3.2 KSA       181

10.5.3.3 UAE      181

10.5.3.4 Rest of GCC Countries      181

10.5.4    SOUTH AFRICA 181

10.5.4.1 Inclusive Digital Transformation initiative and increasing emphasis on corporate social responsibility to foster market growth   181

TABLE 146         SOUTH AFRICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           182

TABLE 147         SOUTH AFRICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           182

TABLE 148         SOUTH AFRICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          182

TABLE 149         SOUTH AFRICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          183

10.5.5    REST OF MIDDLE EAST & AFRICA           183

TABLE 150         REST OF MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)     183

TABLE 151         REST OF MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)     183

TABLE 152         REST OF MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET,  BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 184

TABLE 153         REST OF MIDDLE EAST & AFRICA: ESG REPORTING SOFTWARE MARKET,  BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 184

10.6       LATIN AMERICA             184

10.6.1    LATIN AMERICA: ESG REPORTING SOFTWARE MARKET DRIVERS              184

10.6.2    LATIN AMERICA: RECESSION IMPACT   185

TABLE 154         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2019–2023 (USD MILLION) 185

TABLE 155         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY OFFERING,  2024–2029 (USD MILLION) 185

TABLE 156         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2019–2023 (USD MILLION)             186

TABLE 157         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY SOFTWARE,  2024–2029 (USD MILLION)             186

TABLE 158         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           186

TABLE 159         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           187

TABLE 160         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          187

TABLE 161         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          187

TABLE 162         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2019–2023 (USD MILLION) 188

TABLE 163         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY VERTICAL,  2024–2029 (USD MILLION) 188

TABLE 164         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY COUNTRY,  2019–2023 (USD MILLION) 188

TABLE 165         LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 189

10.6.3    BRAZIL 189

10.6.3.1 Rapid digital transformation initiatives and need to strengthen digital security to accelerate market growth   189

TABLE 166         BRAZIL: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2019–2023 (USD MILLION)           189

TABLE 167         BRAZIL: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE,  2024–2029 (USD MILLION)           189

TABLE 168         BRAZIL: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2019–2023 (USD MILLION)          190

TABLE 169         BRAZIL: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE,  2024–2029 (USD MILLION)          190

10.6.4    REST OF LATIN AMERICA          190

TABLE 170         REST OF LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)     191

TABLE 171         REST OF LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)     191

TABLE 172         REST OF LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)   191

TABLE 173         REST OF LATIN AMERICA: ESG REPORTING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   191

11          COMPETITIVE LANDSCAPE       192

11.1       OVERVIEW        192

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          192

TABLE 174         OVERVIEW OF STRATEGIES ADOPTED BY KEY ESG REPORTING SOFTWARE MARKET VENDORS     192

11.3       REVENUE ANALYSIS      193

FIGURE 39         TOP FOUR PLAYERS DOMINATING MARKET IN LAST FIVE YEARS  193

11.4       MARKET SHARE ANALYSIS         194

FIGURE 40         ESG REPORTING SOFTWARE MARKET SHARE ANALYSIS, 2023              194

TABLE 175         ESG REPORTING SOFTWARE MARKET: DEGREE OF COMPETITION 195

11.5       BRAND/PRODUCT COMPARISON          196

FIGURE 41         BRAND/PRODUCT COMPARISON          196

11.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   197

11.6.1    STARS  197

11.6.2    EMERGING LEADERS    197

11.6.3    PERVASIVE PLAYERS     197

11.6.4    PARTICIPANTS 198

FIGURE 42         ESG REPORTING SOFTWARE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      198

11.6.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      199

FIGURE 43         ESG REPORTING SOFTWARE MARKET: OVERALL COMPANY FOOTPRINT      199

TABLE 176         ESG REPORTING SOFTWARE MARKET: REGIONAL FOOTPRINT              199

TABLE 177         ESG REPORTING SOFTWARE MARKET: OFFERING FOOTPRINT              200

TABLE 178         ESG REPORTING SOFTWARE MARKET: ORGANIZATION SIZE FOOTPRINT      200

TABLE 179         ESG REPORTING SOFTWARE MARKET: VERTICAL FOOTPRINT              201

11.7       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         201

11.7.1    PROGRESSIVE COMPANIES       202

11.7.2    RESPONSIVE COMPANIES          202

11.7.3    DYNAMIC COMPANIES 202

11.7.4    STARTING BLOCKS       202

FIGURE 44         ESG REPORTING SOFTWARE MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023             203

11.7.5    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023           204

TABLE 180         ESG REPORTING SOFTWARE MARKET: KEY START-UPS/SMES, 2023      204

TABLE 181         ESG REPORTING SOFTWARE MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, 2023           204

11.8       COMPANY VALUATION AND FINANCIAL METRICS        205

FIGURE 45         COMPANY VALUATION AND FINANCIAL METRICS        205

11.9       COMPETITIVE SCENARIO AND TRENDS             205

11.9.1    PRODUCT LAUNCHES AND ENHANCEMENTS   205

TABLE 182         ESG REPORTING SOFTWARE MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, MAY 2022–APRIL 2024    205

11.9.2    DEALS  208

TABLE 183         ESG REPORTING SOFTWARE MARKET: DEALS, SEPTEMBER 2021–FEBRUARY 2024    208

12          COMPANY PROFILES    212

(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*

12.1       KEY PLAYERS   212

12.1.1    WOLTERS KLUWER       212

TABLE 184         WOLTERS KLUWER: BUSINESS OVERVIEW         212

FIGURE 46         WOLTERS KLUWER: COMPANY SNAPSHOT        213

TABLE 185         WOLTERS KLUWER: PRODUCTS/SOLUTIONS/SERVICES OFFERED          213

TABLE 186         WOLTERS KLUWER: PRODUCT LAUNCHES AND ENHANCEMENTS          215

TABLE 187         WOLTERS KLUWER: DEALS       215

12.1.2    NASDAQ            217

TABLE 188         NASDAQ: BUSINESS OVERVIEW 217

FIGURE 47         NASDAQ: COMPANY SNAPSHOT            217

TABLE 189         NASDAQ: PRODUCTS/SOLUTIONS/SERVICES OFFERED 218

TABLE 190         NASDAQ: PRODUCT LAUNCHES            219

TABLE 191         NASDAQ: DEALS            219

12.1.3    PWC     221

TABLE 192         PWC: BUSINESS OVERVIEW       221

FIGURE 48         PWC: COMPANY SNAPSHOT      221

TABLE 193         PWC: PRODUCTS/SOLUTIONS/SERVICES OFFERED       222

TABLE 194         PWC: DEALS     224

12.1.4    WORKIVA          226

TABLE 195         WORKIVA: BUSINESS OVERVIEW            226

FIGURE 49         WORKIVA: COMPANY SNAPSHOT          227

TABLE 196         WORKIVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED              227

TABLE 197         WORKIVA: PRODUCT ENHANCEMENTS 228

TABLE 198         WORKIVA: DEALS          228

12.1.5    LSEG    230

TABLE 199         LSEG: BUSINESS OVERVIEW      230

FIGURE 50         LSEG: COMPANY SNAPSHOT     231

TABLE 200         LSEG: PRODUCTS/SOLUTIONS/SERVICES OFFERED      232

TABLE 201         LSEG: PRODUCT LAUNCHES     233

TABLE 202         LSEG: DEALS    233

12.1.6    GREENSTONE  235

TABLE 203         GREENSTONE: BUSINESS OVERVIEW    235

TABLE 204         GREENSTONE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              236

TABLE 205         GREENSTONE: DEALS   237

12.1.7    DILIGENT         238

TABLE 206         DILIGENT: BUSINESS OVERVIEW           238

TABLE 207         DILIGENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED              238

TABLE 208         DILIGENT: PRODUCT LAUNCHES          239

TABLE 209         DILIGENT: DEALS          240

12.1.8    SPHERA             241

TABLE 210         SPHERA: BUSINESS OVERVIEW 241

TABLE 211         SPHERA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 241

TABLE 212         SPHERA: PRODUCT LAUNCHES 243

TABLE 213         SPHERA: DEALS             244

12.1.9    CORITY              245

TABLE 214         CORITY: BUSINESS OVERVIEW  245

TABLE 215         CORITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 245

TABLE 216         CORITY: DEALS 246

12.1.10  INTELEX            247

TABLE 217         INTELEX: BUSINESS OVERVIEW 247

TABLE 218         INTELEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED 247

TABLE 219         INTELEX: PRODUCT LAUNCHES            248

12.2       OTHER PLAYERS           249

12.2.1    NOVISTO           249

12.2.2    EMEX   249

12.2.3    IBM       250

12.2.4    ANTHESIS         250

12.2.5    DIGINEX            251

12.2.6    BAIN & COMPANY         251

12.2.7    KERAMIDA INC. INC.     252

12.2.8    ISOMETRIX       253

12.2.9    VERVANTIS       253

12.2.10  ACCUVIO           254

12.3       START-UPS/SMES          254

12.3.1    ESG FLO            254

12.3.2    MEASURABL     255

12.3.3    PLAN A 255

12.3.4    SUSTAINLAB     256

12.3.5    ESGGO 256

*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

13          ADJACENT/RELATED MARKETS             257

13.1       INTRODUCTION            257

13.1.1    RELATED MARKETS      257

13.1.2    LIMITATIONS   257

13.2       ENVIRONMENT, HEALTH, AND SAFETY MARKET           257

TABLE 220         ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING,  2018–2023 (USD MILLION) 258

TABLE 221         ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY OFFERING,  2024–2029 (USD MILLION) 258

TABLE 222        ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL,  2018–2023 (USD MILLION)          258

TABLE 223        ENVIRONMENT, HEALTH, AND SAFETY MARKET, BY VERTICAL,  2024–2029 (USD MILLION)          259

14          APPENDIX         260

14.1       DISCUSSION GUIDE      260

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             265

14.3       CUSTOMIZATION OPTIONS      267

14.4       RELATED REPORTS       267

14.5       AUTHOR DETAILS         268