Strategic Focus: Customer Insights Into ESG Reporting And Data Management Software

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Executive Summary

This report provides insights from 35 interviews conducted with software users as part of the recently released Verdantix Green Quadrant study of 20 vendors in the ESG reporting and data management market (see Verdantix Green Quadrant: ESG Reporting And Data Management Software). Vendors, prospective buyers and investors should use this report to understand the primary needs and preferences of customers, best practices, and use cases of ESG reporting and data management software. Verdantix interviewed customers across a wide range of industries, regions and titles, encompassing chief compliance officers, chief operating officers and heads of ESG and sustainability, amongst others, and spanning various departments, such as compliance, CSR, EHS, ESG and finance. Our research shows that customers place a high priority on vendors’ value for money, relationships, language capabilities and industry knowledge. Customers note that to obtain maximum value from ESG reporting and data management software, corporates should focus on efficient time management and stakeholder communication, make use of services, and develop a clear strategy.

Table of contents

Firms are investing more in ESG reporting and data management software
ESG reporting and data management use cases shift as firms’ ESG strategies mature
A variety of factors influence firms’ selection of ESG reporting and data management software
Customer advice on achieving maximum value from ESG reporting software

Table of figures

Figure 1. ESG maturity framework  
Figure 2. Achieving maximum value from ESG reporting and data management software

About the authors

Jessie Wilson

Analyst
Jessie is an Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda spans areas such as ESG reporting, the circular economy and supply chain sustainability. Prior to joining Verdantix, Jessie graduated from the University of Bristol with First Class Honours in BSc Geography and French. Her dissertation was on achieving a circular economy for plastics with reusable packaging.

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.

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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