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ESG Software – The platforms for your reporting and increased sustainability

Do you want to optimize processes in the field of sustainability and keep an overview of your activities with ESG software? We share with you the know-how and experiences from over 50 ESG software matchings and provide guidance in vendor selection.


ho Cares Wins' is the title of a UN report from 2004, in which ESG was first mentioned: Those who care, win. But what exactly do they win? And most importantly: What does it mean for companies to care? One thing is clear: Sustainability is, from now on at the very least, an important part of both corporate management and communication. We explain to you what exactly is meant by ESG and how ESG platforms can support you in implementing the respective frameworks and integrating these into your sustainability management.

You are already one step ahead in the topic of sustainability and would like to directly compare the providers for ESG software? Click here to go to the software matching for ESG.

Table of contents

What does ESG stand for?

The acronym ESG stands for Environmental, Social and Corporate Governance. These are sustainability-related areas of responsibility that companies above a certain size must comply with. They include aspects such as reducing CO2 emissions, using resources sparingly, ensuring diversity in the company and respecting human rights along the entire value chain. 

The European Union has recently extended the ESG reporting obligation so that it now affects all companies listed on an EU-regulated market. Only micro-enterprises are exempt. ESG regulations comprise various laws and directives, including for example the Supply Chain Act (LksG) or the Corporate Sustainability Reporting Directive (CSRD).

Why is ESG becoming increasingly important for companies?

Social justice and environmental protection are playing an increasingly important role for companies, because future consumers in particular expect more than greenwashing. The Fridays for the Future generation wants concrete results, but for many companies, these are not something that can be achieved in the blink of an eye.

The focus on ESG helps companies to implement their sustainability and social goals without losing sight of their economic interests. Another focus of ESG is to include all stakeholders such as customers, employees, suppliers and shareholders. All in all, this is definitely a sensible structural guideline and template.

For companies, ESG is therefore essential in order to not only approach sustainability superficially, but to find a holistic and economic approach. After all, the future of the market is green and social, and companies that are already successfully managing sustainability give themselves a clear competitive advantage. So here it is almost 20 years later: Who cares really does win!

So much for the background and it already becomes clear here that the initial assumption of the management: “Sustainability does marketing on the side” is simply illusory and wrong.

Which criteria and features are important for ESG software?

Numerous companies are already required to implement ESG standards, and the trend is increasing. For many companies, this presents an enormous administrative challenge. This is where ESG platforms, software and tools come into play! They help companies meet their obligations and goals related to sustainability, ethical business practices, and social justice by providing data companies need to comply with all mandates.

ESG software features vary depending on the tool, but basic features include the following:

Matchilla - Matching-Plattform und Marktplatz Data collection and analysis, and centralization
ESG software collects data on environmental, social, and governance performance and automatically analyzes it to identify areas for improvement.

Matchilla - Matching-Plattform und Marktplatz Training and education
Software is an important resource, especially at launch, for the ESG team to address new issues in a structured way. Many platforms offer intelligent help assistants so that know-how is passed on to the user when using the tools.

Matchilla - Matching-Plattform und Marktplatz ESG reporting
The ESG platform creates reports on the company’s ESG performance that can be used for documenting compliance, stakeholder engagement, and internal decision making.

Matchilla - Matching-Plattform und Marktplatz Risk evaluation
ESG software can help companies identify and manage potential risks. These include supply chain vulnerabilities and climate or social risks.

Matchilla - Matching-Plattform und Marktplatz Target tracking
To guarantee the implementation of ESG targets, they can be defined and tracked in the ESG platform. Real-time results provide transparent and unbiased insight into a company’s ESG status quo.

Matchilla - Matching-Plattform und Marktplatz Involvement of all stakeholders
ESG software enables companies to engage with stakeholders such as investors, customers and their workforce on ESG issues and create transparency on the implementation of ESG measures.

Which software for which task in the field of ESG?

There are several disciplines that you will need to address (in the future). In general, ESG platforms or separate tools are divided into the following four areas of application and with offerings on the market:

Matchilla - Matching-Plattform und Marktplatz CO2 emissions / decarbonization

Matchilla - Matching-Plattform und Marktplatz Supply chain management

Matchilla - Matching-Plattform und Marktplatz ESG Reporting

Matchilla - Matching-Plattform und Marktplatz EU Taxonomy 

Furthermore, there is a distinction in the wording (at least for us): ESG platforms are primarily designed for corporations with high data volumes, many locations and an international infrastructure due to their enterprise functions (and prices). Medium-sized companies usually use ESG software that has strong USPs in their area and corresponds with other systems via interfaces.

Does my company need ESG software?

In general, it is not mandatory for companies to use ESG software. However, it offers valuable support in the implementation of ESG goals – and thus saves time and financial resources.

Especially if you are starting out in the sustainability sector, you should definitely save yourself the trouble of using Excel to get started!

What does ESG software cost?

ESG platforms as a complete solution for all areas of sustainability and for large medium-sized companies and corporations are to be anchored in the high five-figure or six-figure range due to the numerous functions and interfaces.

For individual ESG solutions, we are happy to give you a first benchmark: Assuming that you have about 250-500 employees and generate 100-500 million € in sales, you should calculate an annual budget of 15-30k € for the CSRD reporting modules. If the supply chain is relevant, you should multiply this amount by 2. It is also recommended to set a one-time special budget (approx. 30% of the annual software costs) for external consulting at the beginning.

Have you already set a budget and would like to use it to find out which providers come into question? Please enter the number of employees, your locations, your turnover (if public) as well as your budget in our ESG-Match-Assistant below. These are the most important parameters for the price calculations for the software providers.

Conclusion: ESG software relieves companies and optimizes sustainability management

With ESG software, companies track their own and the legally binding sustainability requirements. However, the implementation of ESG targets is only truly effective and adds value if it is approached with conviction and implemented in the corporate strategy in the long term. It is therefore up to managers to align corporate values with ESG requirements in order to reap lasting benefits and fulfill their responsibility to our planet. An ESG platform (or software) is a useful first step to keep track of the thicket of environmental, social and governance issues and to build a sustainable structure for it.

🤝 Compare ESG software – the vendor matching process

Looking for an ESG platform or ESG software for your company? Due to the new mandatory challenges, the market of software providers in all areas of sustainability management has exploded in recent months. Start-ups with various ESG features, the large enterprise suites or even software providers previously unfamiliar with the industry are developing corresponding ESG modules. According to our research, there are 120 software providers in the sustainability sector in Europe alone – quite confusing, as you might have experienced during your own research!?

The Matchilla team continuously screens ESG software providers in this dynamic market. As of June 2023, our database contains more than 50 providers – with hard and soft factors such as features, interfaces, support scope, industry expertise, pricing, reporting standards, etc.

You can now benefit from this market overview and our expertise from over 50 CSR and ESG provider matchings (for mainly medium-sized companies and corporations). We are happy to help you from the ESG criteria catalog to the final provider selection

On our matching platform, we will identify three relevant providers of an ESG solution that fit your company. With an investment of only a few minutes in the information of your individual criteria, we assign you the matching matches / ESG software providers. Best of all, this comparison of ESG providers is free and without obligation for you

Do you want to know which ESG solution fits your requirements? Simply fill out the following match assistant. 👇 

Find the right ESG software for free

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    Match-Assistant: ESG Software

    Please note: The more detailed the information, the more personalized the matching results. If you have any questions, please contact us at [email protected] or +49 221 – 292 5676-0.

    Yes, but we want to switchNo
    YesNoDon't know

    Software Specifications

    Which features and requirements are important to you?

    Creation of ESG reportsMonitoring of CO2 emissionsMonitoring of suppliers for sustainabilitySkip question
    YesNoSkip question
    GermanEnglishOther languages
    Yes, match German providers onlyYes, match German or European providersNot relevant
    ESG goals tracking / KPI managementCO2 reduction trackingESG measures managementReports in corporate design / interactive reportsLegally compliant reporting for auditorsVerification of data for plausibility and completenessHotspot analysisReal-time calculationsWorkflow / task managementMessaging, chat, and comment functionalitySkip question

    Your Project

    Your current status regarding sustainability and other important information for the selection of providers.

    Global Reporting Initiative (GRI)German Sustainability Code (DNK)Sustainable Development Goals (SDGs)UN Global Compact (UNGC)Other standardsSkip question
    We are just starting and still developing a strategy.Our strategy is set and we are already operational.CSR has been a focus for years and we want to optimize our processes.Skip question
    This is very interesting for usA good onboarding is enough for usWe handle everything ourselvesSkip question
    Domestically onlyIn EuropeGlobally

    How many employees does your company have in total?

    For determining materiality: In which industry do you operate?

    Which existing systems do you need an interface to? (e.g., for data import and export)

    What is the budget range you have set for the year?

    Why are you currently looking for an ESG software? What goals do you want to achieve with it? What other criteria are important to you?

    Your Contact Details

    Thank you for the information. Based on this, we will start the matching process with the most relevant providers and send you a personalized Matchboard with the three most suitable ESG software solutions.

    Picture of About the author
    About the author

    Ulrich Theves is Head of ESG and CSR Matching at Matchilla and works intensively around technical solutions (i.e. software and tools) in the field of sustainability. He has one of the best overviews of the market and shares his expertise in MatchZINE.

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    Matchilla revolutionizes the selection of new service providers with a combination of technology, data and personal expertise. Try out Matchilla for free and without obligation and let matching on our platform become one of your favorite activities.