The Best 10 CSRD Software Providers: A Comparative Guide

Streamlining CSRD Compliance

As businesses navigate the growing complexity of the CSRD (Corporate Sustainability Reporting Directive) and ESRS (European Sustainability Reporting Standards), reliable software has become essential. The right tool can streamline reporting, improve data accuracy, and ensure compliance—saving time and reducing errors. With a fragmented market of providers, selecting the right solution can be challenging. This guide highlights the top ten CSRD software providers to help you make an informed choice.

Types of CSRD Reporting Solutions

Companies tackling CSRD compliance typically rely on three main types of solutions, each with its own strengths and limitations:

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1. Manual Processes and Spreadsheets

Often the starting point, companies rely on spreadsheets to manage reporting, sometimes with help from consultants to refine processes. Manual processes and spreadsheets are prone to errors and inefficiencies, making them unsuitable for complex reporting needs and often leading to reliance on external, costly consultants for support.

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2. General Business Software with ESG Add-Ons

Many companies use enterprise tools like ERP, BPM, or GRC platforms that include ESG functionalities as an added feature. While useful, these systems are not specifically designed for CSRD reporting, limiting their depth and effectiveness in meeting ESRS compliance requirements.

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3. Specialized ESG Platforms

Designed specifically for CSRD and ESG reporting, these platforms focus entirely on sustainability data and disclosures, offering robust tools for compliance.

Each solution has its trade-offs, and the choice largely depends on your organization's size, existing infrastructure, and reporting requirements.

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5 Key Considerations When Choosing CSRD Software

Selecting the right CSRD reporting software is crucial for compliance and efficiency. Here are five main factors to consider:

1. Double Materiality Assessment Support

The software should provide robust tools to evaluate both financial and sustainability impacts, aligning with CSRD’s double materiality requirements. Look for platforms with guided workflows, templates, and examples to simplify the assessment process.

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2. ESRS Compliance and Guidance

Ensure the platform is fully aligned with European Sustainability Reporting Standards (ESRS) and offers built-in guidance, such as pre-configured templates, checklists, and expert advice, to meet disclosure requirements.

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3. Scalability and Flexibility

Your chosen software should scale with your organization’s needs, accommodating group-level reporting or complex operational structures. Flexibility to adapt to changing regulations is also essential.

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4. Integration with Existing Systems

Check whether the software integrates seamlessly with your existing tools, such as financial systems, ERP, or data management platforms, to streamline data collection and reporting.

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5. User Experience and Training

An intuitive user interface is critical for efficient adoption. Ensure the provider offers training and support to help your team quickly get up to speed and maximize the platform’s potential.

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By evaluating these factors, you can find a CSRD software solution that not only ensures compliance but also enhances your organization’s sustainability management efforts.

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Top 10 CSRD Software Solutions to Streamline Sustainability Reporting

Navigating the complexities of the Corporate Sustainability Reporting Directive (CSRD) requires robust software solutions tailored to meet stringent reporting standards. Below is an overview of ten leading CSRD software providers, including their backgrounds and key features.

1. Denxpert

Company Overview: Founded in 2006 and headquartered in Budapest, Hungary, Denxpert specializes in Environmental, Health, Safety, and Sustainability (EHS&S) management software.  

Solution: denxpert provides a user-friendly platform for CSRD compliance, simplifying data collection, carbon footprint calculations, and sustainability statement management. With ESRS-aligned templates, project management tools, and expert onboarding and support, it helps companies efficiently document and report on key metrics like waste, pollution, and water use across their value chain.

2. Coolset

Company Overview: Founded in 2021 and headquartered in Amsterdam, Netherlands, Coolset specializes in real-time emission insights software.  

Solution: Coolset offers a platform that enables mid-market companies to measure and improve sustainability within weeks. It provides tools for preparing, reporting, and ensuring compliance with upcoming CSRD regulations, integrating sustainability into operations to shape the economy of the future.

3. Workiva

Company Overview: Established in 2008 and based in Ames, Iowa, USA, Workiva is a global software-as-a-service (SaaS) company specializing in cloud-based connected reporting and compliance platforms.

Solution: Workiva's CSRD reporting software streamlines the collection, consolidation, and management of both qualitative and quantitative sustainability data from various sources. It features configurable, pre-built data collection templates and over 60 connectors with ERP, HR, EHS, and carbon management systems, facilitating compliance with CSRD requirements.

4. Greenly

Company Overview: Greenly is a climate tech company that specializes in providing unique software solutions for mid-market businesses, empowering them to effectively measure, reduce, and offset their carbon footprint in a cost-effective manner.

Solution: Greenly's platform enables companies to measure, monitor, and reduce their carbon footprint while engaging their ecosystem, from employees to suppliers, on their climate journey. It offers tools to simplify sustainability reporting and assist companies in meeting CSRD requirements.

5. Code Gaia

Company Overview: Code Gaia is an ESG platform designed for small and medium-sized enterprises (SMEs), focusing on simplifying sustainability reporting and compliance.  

Solution: Code Gaia provides a platform that integrates CSRD ESRS requirements, double materiality analysis, CO₂ accounting, and EU taxonomy on one platform with AI-powered software and personalized support. It offers tools for efficient sustainability data management, helping companies adapt to regulations and improve their sustainability reporting.  

6. Greenomy

Company Overview: Greenomy is an ESG and sustainability reporting software provider that offers AI-powered software and supporting services to help companies collect and manage sustainability data.  

Solution: Greenomy's platform simplifies ESG compliance and maximizes impact by helping companies collect and manage sustainability data, making it easy to meet reporting requirements of the CSRD and EU Taxonomy. It offers expertise, simplification, autonomy, and efficiency in ESG reporting.  

7. Quentic

Company Overview: Founded in 2007 and headquartered in Berlin, Germany, Quentic specializes in software solutions for Environment, Health, Safety, Quality (EHSQ), and Environmental, Social, and Governance (ESG) management.

Solution: Quentic provides an integrated, cloud-based platform that supports CSRD reporting by streamlining data collection, management, and reporting processes. It offers modules for health and safety, environmental management, sustainability, and more, ensuring compliance with ESRS and facilitating comprehensive sustainability reporting.

8. Plan A

Company Overview: Plan A is a sustainability platform that offers a CSRD Manager tool to simplify the reporting process, integrating carbon management with CSRD compliance.

Solution: Plan A's CSRD Manager tool provides personalized support and targeted task management to enhance efficiency in sustainability reporting. It offers tools for efficient sustainability data management, helping companies adapt to regulations and improve their sustainability reporting.

9. Position Green

Company Overview: Position Green is a Nordic-based sustainability software provider founded in 2019, specializing in ESG data management and reporting solutions for businesses of all sizes.

Solution: Position Green offers a user-friendly platform designed for CSRD compliance, providing tools for carbon accounting, ESG risk management, and sustainability performance tracking. With automated data integration, pre-configured reporting templates, and ESG analytics, it streamlines data collection and reporting, ensuring transparency and compliance.

10. SunHat

Company Overview: SunHat is an innovative software provider based in Barcelona, focusing on simplifying sustainability and ESG reporting for small to mid-sized companies.

Solution: SunHat’s cloud-based platform simplifies CSRD compliance with features for carbon footprint measurement, double materiality analysis, and ESG data management. It offers automated data collection, pre-configured templates, and integration with existing tools for efficient, streamlined reporting.

Why should a company invest in CSRD software?

Navigating the reporting requirements under the CSRD is no small task, and relying on spreadsheets alone may not be enough to keep up.

CSRD software streamlines the entire process, from consolidating data to generating tailored reports, while also identifying key areas for improvement. By adopting a dedicated solution, you can ensure compliance and transform a complex challenge into an efficient and manageable workflow. Investing in the right software saves time, reduces stress, and positions your company for long-term success in sustainability reporting.

Learn more about who and will be affected by CSRD from our blog.

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