Overview and Scope
ESG reporting software refers to a solution containing various modules and solutions focused on the environment, health, safety, risk management, and regulatory compliance. ESG reporting software is used for managing a company’s ESG data in a single system of record and report. It is available in a format where the data is auditable and finance-grade.
Sizing and Forecast
The esg reporting software market size has grown exponentially in recent years. It will grow from $0.98 billion in 2023 to $1.19 billion in 2024 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to corporate social responsibility, stakeholder pressure, voluntary reporting initiatives, economic incentives, risk mitigation.
The esg reporting software market size is expected to see exponential growth in the next few years. It will grow to $2.55 billion in 2028 at a compound annual growth rate (CAGR) of 21.0%. The growth in the forecast period can be attributed to mandatory esg disclosure, esg integration in financial markets, supply chain transparency, ngo and activist influence, climate disclosure standards board (cdsb) framework adoption. Major trends in the forecast period include ai and analytics integration, cross-industry collaboration, green finance initiatives, blockchain for esg transparency, real-time esg reporting.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/environmental-social-and-governance-esg-reporting-software-global-market-report
Segmentation & Regional Insights
The environmental, social and governance (esg) reporting software market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Type: On-Premises, Cloud
3) By Organization Size: Small And Medium Enterprises (SME), Large Enterprises
4) By Vertical: Banking, Financial Services, And Insurance, Information Technology (IT) And Information Technology-Enabled Services (ITeS), Government And Public Sectors, Manufacturing, Retail And Consumer Goods, Healthcare And Life Sciences, Energy And Utilities, Other Verticals
North America was the largest region in the ESG reporting software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the environmental, social and governance (esg) reporting software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12674&type=smp
Major Driver Impacting Market Growth
The increasing demand for ESG information by investors is expected to propel the growth of the ESG reporting software market going forward. ESG information refers to the framework and policies that provide information about a company’s business practices and performance on various sustainability and ethical issues. ESG reporting software helps to alert investors automatically about the data, reports, and all other information required, which allows them to assess the company. For instance, in May 2022, according to the ESG Global Study published by Capital Group, a US-based financial services company, 89% of investors had adopted ESG information in 2022 compared to 84% in 2021 among 1,130 people surveyed. Moreover, 31% of European investors consider ESG information a central factor in their investment approach, compared to 26% of global investors who believe ESG information is a significant factor in their investment approach. Therefore, the increasing demand for ESG information by investors will drive the ESG reporting software market.
Key Industry Players
Major companies operating in the environmental, social and governance (esg) reporting software market report are Refinitiv LLC, Wolters Kluwer N.V., Nasdaq Inc., MSCI Inc., Workiva Inc., Diligent Corporation, Anthesis Group, Sustainalytics, PricewaterhouseCoopers Pvt Ltd, Envirosuite Limited, EcoVadis, Sphera Solutions Inc., Isometrix Inc., Intelex Technologies Inc., Benchmark Gensuite, Cority Software Inc., RepRisk AG, Keramida Inc., Measurabl, EnHelix Inc, HSI Donesafe, Emex Software Ltd, Datamaran Limited, Novisto Inc., Diginex Ltd.
The environmental, social and governance (esg) reporting software market report table of contents includes:
1. Executive Summary
2. Environmental, social and governance (ESG) Reporting Software Market Characteristics
3. Environmental, social and governance (ESG) Reporting Software Market Trends And Strategies
4. Environmental, social and governance (ESG) Reporting Software Market – Macro Economic Scenario
5. Global Environmental, social and governance (ESG) Reporting Software Market Size and Growth
…
32. Global Environmental, social and governance (ESG) Reporting Software Market Competitive Benchmarking
33. Global Environmental, social and governance (ESG) Reporting Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Environmental, social and governance (ESG) Reporting Software Market
35. Environmental, social and governance (ESG) Reporting Software Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
