Environmental, sustainability, and governance (ESG) reporting software gathers and analyzes data related to ESG initiatives such as corporate social responsibility, diversity, equity, and inclusion, and sustainability. This data is then used to generate reports demonstrating a company's ability to implement ESG initiatives successfully. Companies use this software to track their ESG initiatives and investors to evaluate businesses they intend to acquire or invest in. Other stakeholders, like board members and shareholders, benefit from using ESG reports.
ESG reporting software integrates with tools that provide ESG data, such as governance, risk and compliance solutions, sustainability management, corporate social responsibility and environmental, quality and safety management.
To be included in the Environmental, Sustainability, and Governance (ESG) Reporting software category, a product must:
Combine and analyze data from various ESG software solutions and data sources
Generate reports on ESG topics such as sustainability or diversity and inclusion
Distribute ESG reports internally and externally while ensuring confidentiality
Provide KPIs for indicators such as carbon footprint or social and economic impact
Allow users to define and track custom KPIs and reports related to ESG
Include dashboards that users can use to monitor ESG indicators in real time
