The Rise of US ESG Reporting Software Market: A $0.71

From GlobeNewswire: 2025-04-17 10:00:00

The US ESG Reporting Software Market is projected to reach USD 0.71 billion by 2029, growing at a CAGR of 15.2% from USD 0.35 billion in 2024. Companies prioritize sustainability, compliance, and transparency, driving adoption of solutions for ESG performance tracking and regulatory compliance. Automated reporting and AI-driven insights are in demand to streamline disclosures and reduce manual efforts.

Key companies in the market include Nasdaq, Workiva, Diligent, Sphera, IBM, and more. The software segment dominated the market in 2024 due to regulatory pressures and the need for accurate ESG data management. US regulations like the SEC climate disclosure rules and state-level mandates are driving adoption of software solutions for ESG data collection and compliance.

The social ESG reporting software segment held the largest share in 2024, driven by corporate focus on diversity, equity, and inclusion, workplace safety, and community engagement. US businesses are adopting software solutions to track workforce demographics, pay equity, and supplier diversity to meet investor expectations and social responsibility standards. AI-powered analytics and cloud-based platforms help streamline reporting and monitor social impact.

The retail & consumer goods sector is expected to have the highest growth rate in the US ESG Reporting Software Market, fueled by consumer demand for sustainable products and responsible sourcing. Companies in this sector use ESG reporting software to track carbon emissions, ethical labor practices, and packaging sustainability while ensuring compliance with disclosure regulations. Growing pressure from investors and regulators is driving adoption in retail and consumer goods.



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