Green Quadrant: Enterprise Carbon Management Software 2022
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Executive Summary
This report provides a detailed fact-based comparison of the 15 most prominent carbon management software vendors in the market. Based on the proprietary Verdantix Green Quadrant methodology, our analysis encompassed two-hour live briefings, desktop research and vendor responses to a 103-point questionnaire covering 17 capability and 10 market momentum categories. Verdantix analysis finds that although carbon management software has existed for over 15 years, the market has grown substantially over the last three years, due to increased pressure from internal and external stakeholders, resulting in numerous new use cases and functionality requirements. Among the software vendors featured in the Leaders’ Quadrant, seven firms—Cority, Enablon, IBM, Intelex, Sphera, UL Solutions and VelocityEHS—demonstrated the most advanced all-round carbon management software capabilities.The State Of The Carbon Management Software Market
A New Wave Of Enterprise Carbon Management Software Arrive
Carbon Management Software Has Been Available For 15 Years
TCFD-Aligned Climate Disclosure Rules And Investor Pressure Have Reshaped Requirements
Firms Are Pledging To Reach Net Zero By 2050 Or Earlier
Expectations Of Booming Demand Reshaped Tech Vendor Dynamics From 2019
Green Quadrant For Carbon Management Software 2022
Green Quadrant Methodology
Evaluated Firms And Selection Criteria
Evaluation Criteria
Cority Builds Off EHS Capabilities To Deliver A Comprehensive Carbon Management Platform
Enablon Incorporates Integrated Risk Capabilities With Carbon Accounting
ENGIE Impact’s Ellipse Platform Reflects Strong Momentum And Demand For Decarbonization
FigBytes Incorporates Carbon Accounting Into Its Sustainability Platform
IBM Acquires Envizi To Deliver A Comprehensive Carbon Management Software Platform
Intelex Draws On EHS Programme Management Experience To Offer Configurable Carbon Management Solution
OneTrust Acquires Planetly And Gains Traction Providing Carbon Management Software To A Variety of Industries
Persefoni Offers An Innovative Carbon Accounting Platform With A Strong Focus On Financed Emissions
Salesforce Delivers A Customizable Carbon Management Software Platform For Use By A Variety Of Sectors
Schneider Electric Incorporates Energy Management Into Its Carbon Management Software Offering
SINAI Technologies Provides Decarbonization Strategies For Asset-Intensive Firms
Sphera Integrates Lifecycle Analysis Tools Into Integrated Carbon Management Platform
Sweep Delivers A Modular And Flexible Carbon Management Platform
UL Solutions Incorporates Renewable Energy Management Into Its Carbon Management Platform
VelocityEHS Delivers Strong Data Management Capabilities For Complex Industries
Figure 2. Momentum Criteria For Carbon Management Software
Figure 3. Vendor Criteria Scores—Capabilities
Figure 4. Vendor Criteria Scores—Momentum
Figure 5. Green Quadrant For Carbon Management Software 2022
About the Authors
Jessica Pransky
Principal Analyst
Jessica is a Principal Analyst in the Verdantix ESG & Sustainability practice, which she joined in 2022. Her current research agenda covers ESG reporting and data manageme…
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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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Kim Knickle
Research Director, ESG & Sustainability
Kimberly Knickle is Research Director of the ESG & Sustainability practice at Verdantix. Her research areas encompass ESG regulations and reporting, ESG risk, supply chain…
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