Smart Innovators: ESG Reporting And Data Management Software

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Executive Summary

Over the last two years, preparing voluntary and mandatory ESG reports and disclosures has become a top priority for many corporates. Firms are increasingly turning to digital solutions to help them with these commitments and to collect, analyse and manage the underlying data that are essential to those disclosures. This report provides buyers of software for ESG reporting and data management with a high-level benchmark of the capabilities of 39 software solutions. It covers solutions for ESG reporting and disclosures, and for data management and analysis. Heads of ESG and sustainability should use this report to compare the relative capabilities of vendors across 10 key functionality areas, to inform their software purchasing decisions for 2023.

Table of contents

Digital Solutions Help Corporates Navigate Pressures Around ESG Reporting and Data Management
Shifts In The Reporting Landscape Since 2021
Current Status Of The ESG Reporting And Data Management Software Market
Evaluated Firms And Selection Criteria
Vendors From Different Backgrounds Offer ESG Reporting And Data Management Capabilities
Core Capabilities Essential To Software Providers
More Corporates Will Be Looking For Reporting Solutions
Innovative Functionality Can Help Corporate Selection In A Busy Market

Table of figures

Figure 1. Voluntary And Mandatory Reporting Are Driving Spend On ESG And Sustainability
Figure 2. Selection Process For Identifying Smart Innovators
Figure 3. Key Mergers And Investments In 2022
Figure 4. ESG Reporting And Data Management Capabilities And Definitions
Figure 5. ESG Reporting And Data Management Software Capabilities Assessment

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 management software, ESG solutions for investors, and risk in ESG and sustainability. Prior to joining Verdantix, Jessica worked at Ramboll, focusing on ESG risk and opportunity identification for mergers and acquisitions, as well as EHS due diligence. Jessica has previously held roles evaluating water resource allocation for a state municipality and ensuring EHS compliance for GE Aviation. She holds a BS from Tufts University and an MEng from Johns Hopkins University focused on environmental engineering, as well as an MBA from Boston University.

Luke Gowland

Senior Analyst
Luke is a Senior Analyst in the Verdantix ESG & Sustainability practice. His current research agenda focuses on the ESG reporting and data management landscape, as well as emerging technologies and market trends across industries. Prior to joining Verdantix, Luke worked at research and advisory firm GlobalData, producing ESG research reports for corporate clients. Luke holds an MSc in Sustainability and Management from the University of Bath.

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 sustainability, circular economy, social impact, and sustainable finance. Kim has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering and product safety testing, beginning her career at Underwriters Laboratories, Inc. Kim holds an MBA from Boston University and a BS in Electrical Engineering from Cornell.

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