Buyer’s Guide: Carbon Management Software (2024)
28 Jun, 2024
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Executive Summary
The carbon management software market is evolving to respond to buyers’ shifting needs, addressing issues ranging from regulatory compliance to Scope 3 emissions and decarbonization project management. This report provides a comprehensive analysis of 88 carbon management software providers. It also offers a detailed analysis of 16 software offerings available on the market today, drawing on data collected via questionnaires, as well as analysis from previous Verdantix research and publicly available information. Sustainability and net zero executives responsible for selecting carbon management software should use this guide to support them in identifying a solution that fits their requirements.
The Verdantix Buyer’s Guide to carbon management software
Defining carbon management software
Buyers’ carbon management software needs are evolving
Buyers seek to report to new mandatory frameworks with confidence
Firms need to organize a portfolio of decarbonization projects
Sustainability leaders want to derive credible and defensible Scope 3 emission estimates
Carbon management vendors’ development strategies respond to stiff competition
Core carbon management software functionality
Carbon management software vendors are filling data and insight gaps with AI
Industry-specific expertise, implementation and integrations are key buyer considerations
Inclusion criteria for the 2023 Buyer’s Guide to carbon management software
Brightly Software, a Siemens firm, combines energy and carbon management for building portfolios
carbmee specializes in supply chain and product-level emissions
CO2 AI automates and streamlines value chain decarbonization for large enterprises
CoolPlanet provides an integrated platform to track energy efficiency and net zero goals
EcoOnline offers an integrated EHS, carbon management and climate risk solution
Emitwise focuses on Scope 3 data collection and supplier engagement
GE Vernova offers a carbon management platform for energy and heavy industrial clients
Nasdaq delivers a comprehensive carbon and ESG reporting platform
Plan A’s solution facilitates carbon accounting and decarbonization planning
Position Green offers a combination of software and consulting services for ESG and carbon management
SINAI Technologies’ decarbonization platform focuses on carbon reduction and financial management
Tango combines energy and carbon management for real estate clients
Terrascope focuses on increasing the accuracy and speed of carbon emissions and decarbonization management
Univers’s solution integrates the physical and digital worlds for energy and carbon management
Vaayu uses AI to calculate, manage and predict product-level emissions for retail clients
Workiva Carbon (formerly Sustain.Life) offers a supply-chain-focused carbon management tool powered by AI
Defining carbon management software
Buyers’ carbon management software needs are evolving
Buyers seek to report to new mandatory frameworks with confidence
Firms need to organize a portfolio of decarbonization projects
Sustainability leaders want to derive credible and defensible Scope 3 emission estimates
Carbon management vendors’ development strategies respond to stiff competition
Core carbon management software functionality
Carbon management software vendors are filling data and insight gaps with AI
Industry-specific expertise, implementation and integrations are key buyer considerations
Inclusion criteria for the 2023 Buyer’s Guide to carbon management software
Brightly Software, a Siemens firm, combines energy and carbon management for building portfolios
carbmee specializes in supply chain and product-level emissions
CO2 AI automates and streamlines value chain decarbonization for large enterprises
CoolPlanet provides an integrated platform to track energy efficiency and net zero goals
EcoOnline offers an integrated EHS, carbon management and climate risk solution
Emitwise focuses on Scope 3 data collection and supplier engagement
GE Vernova offers a carbon management platform for energy and heavy industrial clients
Nasdaq delivers a comprehensive carbon and ESG reporting platform
Plan A’s solution facilitates carbon accounting and decarbonization planning
Position Green offers a combination of software and consulting services for ESG and carbon management
SINAI Technologies’ decarbonization platform focuses on carbon reduction and financial management
Tango combines energy and carbon management for real estate clients
Terrascope focuses on increasing the accuracy and speed of carbon emissions and decarbonization management
Univers’s solution integrates the physical and digital worlds for energy and carbon management
Vaayu uses AI to calculate, manage and predict product-level emissions for retail clients
Workiva Carbon (formerly Sustain.Life) offers a supply-chain-focused carbon management tool powered by AI
Figure 1. Net-zero-focused carbon management capabilities are a high digital priority for firms
Figure 2. Core carbon management software capabilities descriptions
Figure 3. Firms’ priorities when selecting a carbon management software partner
Figure 4. List of carbon management software providers
Figure 5. Brightly Software (a Siemens firm) overview
Figure 6. carbmee overview
Figure 7. CO2 AI overview
Figure 8. CoolPlanet overview
Figure 9. EcoOnline overview
Figure 10. Emitwise overview
Figure 11. GE Vernova overview
Figure 12. Nasdaq overview
Figure 13. Plan A overview
Figure 14. Position Green overview
Figure 15. SINAI Technologies overview
Figure 16. Tango overview
Figure 17. Terrascope overview
Figure 18. Univers overview
Figure 19. Vaayu overview
Figure 20. Workiva Carbon (formerly Sustain.Life) overview
Figure 2. Core carbon management software capabilities descriptions
Figure 3. Firms’ priorities when selecting a carbon management software partner
Figure 4. List of carbon management software providers
Figure 5. Brightly Software (a Siemens firm) overview
Figure 6. carbmee overview
Figure 7. CO2 AI overview
Figure 8. CoolPlanet overview
Figure 9. EcoOnline overview
Figure 10. Emitwise overview
Figure 11. GE Vernova overview
Figure 12. Nasdaq overview
Figure 13. Plan A overview
Figure 14. Position Green overview
Figure 15. SINAI Technologies overview
Figure 16. Tango overview
Figure 17. Terrascope overview
Figure 18. Univers overview
Figure 19. Vaayu overview
Figure 20. Workiva Carbon (formerly Sustain.Life) overview
Quentic, Aktio, Bloom Energy, EMEX, OVO Energy, Pernod Ricard, Apax Partners, Barbeques Galore, Accenture, Caramuru Alimentos, OneReport, Kärcher, National Express, ArcelorMittal, Pantas, Alcumus, Johnson Controls (JCI), Carbometrix, Cass, Owens-Illinois, Sage, Minimum, Greenly, FlixBus, GANNI, Assent, Novisto, Olam Agri, GRI (Global Reporting Initiative), AMCS Group, Emitewise, TÜV SÜD, Avarni, Tesla, CDP, Microsoft, Lightspeed Venture Partners, Position Green, GHG Protocol, KPMG, Workiva, Partnership for Carbon Accounting Financials (PCAF), CO2 AI, Cozero, Sysco, International Organization for Standardization (ISO), Diginex, Mediacorp, Zuno Carbon, Vinted, BMW, Capgemini, EPL, Optera, DFIN (Donnelley Financial Solutions), Porsche, Normative, Up Group, Cedara, International Sustainability Standards Board (ISSB), Schaeffler, Heraeus, kShuttle, Dolby, SINAI Technologies, Ferring Pharmaceuticals, Partech, Eaton, Unusual Ventures, SAI360, C&W Services, Obvius, Vornado Realty Trust, CBRE, Carbmee, KingSett Capital, APlanet, Google, Planet FWD, Vaayu, Workiva Carbon (formerly Sustain.Life), Chloe, NZero, Mitsubishi Shokuhin, EnergyCAP, Fritz Hansen, CapMan , General Electric (GE), CEMAsys, CPower Energy, Crestron, World Business Council for Sustainable Development (WBCSD), Reckitt, BGO, Schneider Electric, The RMR Group, Arcadia, Plan A, Hitachi Energy, Wolters Kluwer, GE Vernova, Carousell Group, QuadReal Property Group, EchoStar, Metrio, ZF Friedrichshafen, Kerry Group, Tanso, Unravel Carbon, OLM Systems, James Hardie, N26, Energize Ventures, EIVEE, SAP, Azita Energie, Sweep, MHP, AvidXchange, Envana, Expedia, BDG, Cority, Conservice, Brightly Software, Pulsora, EDCI (ESG Data Convergence Initiative), ENGIE, Pathzero, Hudson Pacific Properties, Xplorer Capital, Faradai, ServiceNow, VelocityEHS, OEM International, Ecometrica, Anglo American, Arcadis, Symrise, Hendrickson, QuickBooks, ERM, Sami.eco, Urjanet, Sustainability Cloud, Jet.com, Altruistiq, Capturis, Wolters Kluwer Enablon, Green Button initiative, IsoMetrix, Diligent, VBG Group, Warrington PCI Management, EcoOnline, Salesforce, UL Solutions, CarbonChain, Norvestor, Klarna, LA Metro, Sphera, Freshfields Bruckhaus Deringer, Hilton Foods, Ideagen, Zimmer Biomet Holdings, Ecologi, Boohoo, GRESB, IBM, Stagecoach, Citi, Vestiaire Collective, C3 AI, Veja, Crowe, Sustainability Accounting Standards Board (SASB), CoolPlanet, Glanbia, WayCarbon, Science Based Targets initiative (SBTi), New Balance, TÜV Rheinland, PageGroup, ClearTrace, Energy Star, ENGIE Insight Services, Siemens, Traace, Bureau Veritas, WatchWire, WYLD, IntegrityNext, Tetra Pak, Milliken & Company, UtilityAPI, D-Carbonize, Nordic Solar, Forward Air, SMRT, Walmart, O Boticário, Climatiq, YCH Group, Persefoni, Measurabl, Quantis, Benchmark Gensuite, US Securities and Exchange Commission (SEC), Deloitte, Envirosoft, Amazon Web Services (AWS), Carbon Direct, FigBytes, AlsoEnergy, Watershed, Klappir, Atrius, Univers, Honeywell, HSBC, Tango, Ignite, NetSuite, American Tire Distributors, Intelex, Cognizant, Validere, NASDAQ, OSIsoft, Certis
About the Authors

Alessandra Leggieri
Industry Analyst
Alessandra Leggieri is an Industry Analyst in the Verdantix Net Zero & Climate Risk practice. Her current research agenda focuses on solutions for GHG emissions and net ze…
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Ryan Skinner
Research Director, Net Zero & Climate Risk
Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zer…
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