10 Reasons to Track a Corporate Carbon Footprint
1 min
Level
In this article, we’ll explain what a corporate carbon footprint is, why it’s important, how it is measured, and reasons why your company should track it too.
The voice of impact
ESG / CSR
Industries
MEASURE
ACT
COMFORM
The Best 5 CSRD Reporting Platforms in 2025
Level
As businesses across the European Union face stricter compliance requirements, effective sustainability data management has become essential for meeting Corporate Sustainability Reporting Directive (CSRD) mandates.
CSRD reporting continues to become more compulsory for companies across the European Union, with many businesses seeking the use of specialized CSRD software solutions to optimize their entire reporting process and ensure regulatory compliance.
Select small to medium sized businesses will also be required to comply with CSRD reporting by 2026 – making now the perfect time to read about the different CSRD reporting platforms available, and ensure the best choice is made for your business.
In this article, we’ll give a quick recap on the CSRD, the 5 best CSRD report platforms in 2025, and examine how these solutions can streamline your company's sustainability reporting process while ensuring accurate collection and verification of quantitative sustainability data.
What is CSRD?
The CSRD, otherwise known as the Corporate Sustainability Reporting Directive, is an EU-based piece of regulatory framework designed to standardize sustainability performance, measurement, and disclosure across EU member states, helping to encourage improved reporting processes and promote more sustainable business practices.
Ultimately, the CSRD is an effort to help work towards carbon neutrality and fulfill the goals depicted in the European Green Deal – and can help transform how organizations report their environmental, social, and governance impacts.
“ All large companies in the EU will need to disclose data on the impact of their activities on people and the planet and any sustainability risks they are exposed to. – (EU Parliament News). ”
Close
CSRD Compliance Requirements
According to the official implementation timeline published by the European Commission, the CSRD currently requires all companies already required to comply with the Non-Financial Reporting Directive (NFRD) with two out of three of the following:
- 500 or more employees
- A net turnover greater than €40 million euros (around $43,000 USD)
- Assets equivalent to €20 million euros (around $22,000 USD)
However, the CSRD is slowly becoming imperative amongst smaller-sized businesses – such as is depicted in the drop down sections below:
2025 – Large Companies
By 2025, the CSRD will be compulsory for large companies with:
- 250 or more employees
- A net turnover greater than €40 million euros (around $43,000 USD)
- Assets equivalent to €20 million euros (around $22,000 USD)
2026 – SMEs
By 2026, the CSRD will be mandatory for small and medium sized companies with:
- 20 or more employees
- A net turnover greater than €700,000 euros (around $760,000 USD)
- Assets equivalent to €350,000 euros (around $380,000 USD)
2027 – Due Diligence Rules
By 2027, companies in member states will be required to include the new due diligence rules to further divulge the negative impact their business endeavors have on the people and the planet.
2028 – Non-EU Companies
By 2028, the CSRD will be required for all non-EU companies with:
- A €150,000 (around $162,000 USD) turnover
- At least one branch located in the EU
The CSRD aims to encourage greater transparency and accountability, as companies will be required to implement robust ESG data management systems to share the impact of their business activities on the climate, their climate risks, and how the company manages these roadblocks via their sustainability efforts.
Why is CSRD reporting software important?
CSRD reporting is essential to help build greater transparency across various industries around the world, which is paramount in our global efforts to reduce climate change.
According to the European Financial Reporting Advisory Group (EFRAG), specialized CSRD reporting software and sustainability reporting obligations have become imperative for the estimated 49,000 companies required to implement standardized sustainability disclosures by 2026.
In the midst of climate change, transparency is crucial – as it can help to build greater trust amongst employees, customers, investors and stakeholders – all of which can help businesses to succeed with honesty and prevent environmental scandals such as greenwashing. ”
“ Transparency is key to reciprocal accountability, which we use to be both free and smart. It is the miracle tool that enables us to question the lies of monsters. – (David Brin). ”
What is the main goal of CSRD software?
The main goal of a CSRD reporting software is to help simplify the process for companies by assisting them with collecting data and providing them with the proper tools to make sure their business is compliant with their requirements under CSRD reporting.
Here are a few additional reasons why CSRD reporting delivers several critical benefits for sustainable business development and support the global effort to mitigate climate change:
- Enables evidence-based decision making when purchasing new products as a result of product impact disclosures validated by independent third-party verification;
- Provides investors with quantifiable sustainability performance metrics aligned with international frameworks including the Task Force on Climate-related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB), which will offer a full scope and understanding of the company’s environmental impact;
- Incentivizes global sustainability reporting standards, as companies and headquarters across the globe will be inspired to employ their environmental initiatives elsewhere;
- Will help to push greater expectations for other climate initiatives;
- Mandates companies to evaluate the social impact of their business, such as how the company effects those across the organization's community, labor, and human rights dimensions.
The table below will further depict the benefits of seeking manage sustainability data with CSRD compliance software:
| Benefit | Explanation |
|---|---|
| Streamlines data collection across departments | Facilitates centralized tracking of energy use, emissions, and waste by aggregating inputs from finance, operations, and procurement teams into one cohesive system. |
| Improves audit readiness | Organizes documentation and data trails for all ESG-related activities, making third-party verifications and government audits faster and more efficient. |
| Enhances stakeholder communication | Generates easily digestible reports and dashboards to share sustainability progress with employees, board members, and community partners. |
| Reduces risk of greenwashing claims | Ensures that sustainability claims are backed by verified data and structured reporting, minimizing reputational and legal risks. |
| Supports continuous performance improvement | Provides year-over-year comparisons, benchmarking, and AI-driven insights to help companies continuously reduce emissions and improve ESG metrics. |
CSRD reporting will ultimately create a ripple effect across all other areas of companies and their future business activities – as they will grow more cognizant of the overall impact created by their business activities, and seek to adjust them accordingly for CSRD reporting and other future environmental initiatives.
Our Top 5 CRSD Reporting Software & Solutions in 2025
We know how challenging it can be choose the right software solutions to assist you with your double materiality assessment, gap analysis, and financial data management – which is why we have compiled our favorite CSRD software for ensuring compliance and smooth data flow.
How We Choose the Best CSRD Compliance Software
CSRD reporting is relatively new, which means that CSRD reporting software has yet to accumulate a long-standing track record – but don’t worry, we’ve rounded up our top 5 CSRD reporting platforms to share.
As CSRD-specific reporting solutions are still new and continuously evolving as the regulatory framework matures, our evidence-based analysis will help to identify clear market leaders delivering measurable compliance results.
Here our top 5 picks CSRD reporting software, all of which demonstrate superior technical architecture and documented implementation success in 2025:
1. Greenly
We offer our own CSRD reporting platform at Greenly!
Our platform aims to simplify the process of CSRD reporting with the option to conduct a double materiality assessment, work with certified partners, risk assessment tools, and streamlined data collection.
“ Greenly streamlines data collection with automatic emission factor matching, precise analytics, and expert-verified reports. – (Greenly). ”
Close
Our key features to assist your company in meeting its sustainability targets includes:
- Mapping your value chain
- Assessing climate risks aligned with TCFD
- Specialized assistance from our in-house climate experts
- Fulfill your ESRS requirements
- Networking opportunities
- Allow auditors access to view your company's progress
- Precise data collection
- Task management and the ability to share with your stakeholders
- Compliance with additional sustainability reporting standards (ESRS)
- Enabling companies to easily implement ESG reporting into their existing systems
- Providing sustainability metrics and data accuracy to develop an improved sustainability management plan
The flip cards below (move your cursor over the card to discover more) will provide additional benefits of seeking to use Greenly to collect emissions data, simplify ESG compliance, and ensure CSRD compliance:
Expert Implementation Support
Platform implementation guided by sustainability professionals with CSRD certification and extensive ESG reporting experience.
ESRS Framework Integration
Complete alignment with all 12 ESRS standards, with automated validation processes to ensure full disclosure requirements are met.
Stakeholder Engagement System
Secure collaboration portal with role-based permissions for auditors and verification bodies.
Precision Data Collection
Our platform is dedicated to ensuring robust audit trails, avoid human error, and ensure data consistency.
Compliance Documentation
Helps to meet regulatory audit requirements and apply for additional organizations such as the SBTi.
Cross-Standard Compatibility
Validated mapping to adhere to additional frameworks such as ISSB standards and GRI reporting requirements.
2. Brightest
Brightest is a great choice for your company if your business is looking for a more well-rounded approach to CSRD reporting. This is because Brightest is focused on streamlining ESG management, social impact, and sustainability in a single all-in-one platform – all of which are relevant to CSRD reporting.
“ We design intelligent, secure software to help purpose-driven organizations collect data, manage, measure, report, and improve their emissions, ESG, social impact, and sustainability performance. – (Brightest). ”
Key aspects of Brightest include:
- Assistance in helping companies to manage their ESG strategies with data collection and creating a holistic approach to improving sustainability;
- An all-in-one platform to monitor scope 1, 2, and 3 emissions, collect data on sustainability, and other information necessary for CSRD reporting;
- Adheres to the TCFD, CDP, and UN Sustainable Development Goals (SDGs)
Brightest is best for companies looking for an all-inclusive platform for CSRD reporting, carbon accounting, and ESG management.
3. Enablon ESG
Enablon is a CSRD reporting platform that allows users to view a full scope for the best ESG management possible while also helping companies to improve their sustainable performance and ultimately assist them with their CSRD reporting.
Enablon is a good choice for companies who want to succeed in other sustainability reporting as it provides a holistic set of tools to comply with other sustainability reporting requirements – such as with data collection and analysis.
“ ESG platforms provide ESG software solutions that automate the collection of data and embed ESG into your strategic business decisions and operations. – (Enablon). ”
Enablon offers clients:
- Specialized data analytics that can help companies make informed decisions;
- Tools to help boost stakeholder engagement and teamwork within the company;
- Assistance with supply chain management to help boost efficiency and overall sustainability;
- Compliance management systems that allow companies to comply with not only CSRD reporting requirements, but mandates depicted in other sustainability reporting requirements;
- Improved risk management as the CSRD reporting platform is designed to help companies assess and avoid various risks.
Enablon is the best choice for companies looking for a CSRD reporting platform with detailed data collection and analysis that can be used for a variety of reporting requirements.
4. Convene ESG
This CSRD reporting platform allows users to manage their ESG risks in addition to utilizing and ESG opportunities, ultimately – with the goal in mind to help companies take a proactive approach to sustainability.
One of the best things about Convene ESG is its user-friendly interface that can be used regardless of your company’s size or industry.
“ As your partner in ESG Governance, Convene ESG kicks off your sustainability journey with ESG best practices, whatever stage you are in your sustainability journey – enabling you to have maximum ownership of the whole ESG reporting process with the least effort. – (Covene ESG). ”
Additional key offerings from Convene ESG include:
- The opportunity to conduct a materiality assessment which allows further insight into the environmental impact of a company’s product or service;
- Various tools to help boost stakeholder engagement, such as ESG data analysis and a simple method to integrate data;
- Assistance in developing an action plan for companies to tackle their sustainability issues more effectively;
- Helps to ensure that all legal requirements and reporting deadlines are met, which can help companies to avoid legal fees.
Convene works to make data collection and management simpler so that companies can make it easier to comply with climate-related disclosures.
5. IBM Envizi
IBM Envizi is a CSRD reporting platform that adheres to the requirements of the Task Force on Climate-related Financial Disclosures (TCFD) and the European Sustainability Reporting Standards (ESRS).
IBM Envizi is a suitable choice for companies looking for an inclusive CSRD reporting platform, as IBM works to ensure ESG requirements are met across various ESG frameworks – from Sustainability Accounting Standard Board (SASB), the Global Reporting Initiative (GRI), or the United Nation’s Sustainable Development Goals (SDGs).
“ IBM Envizi is a proven compliance-ready solution for corporate and supply chain sustainability data including greenhouse gas (GHG) emissions. It combines powerful analytics, reporting and planning tools to support strategic decision making, decarbonization efforts and regulatory disclosures. – (IBM Envizi). ”
Therefore, IBM Envizi might be the best choice for a company with multiple international operations or wants to ensure climate-related disclosures can be adhered to regardless of the geographical location where reporting sustainability information will take place.
How can your company get started with CSRD reporting?
Your company can get started with CSRD reporting by selecting a framework to follow, setting goals, collecting and analyzing data, and keeping stakeholder engagement in mind.
CSRD reporting is multidimensional and requires multiple steps, which is why most companies will refer to the assistance of a CSRD reporting platform.
Here are some things to keep in mind if your company is going to move forward with CSRD reporting:
- Set Goals: Your company will need ample ESG data collection in order to prove compliant for CSRD reporting, meaning it’s best to organize your data collection process, or at least brainstorm the method you prefer, before meeting with a CSRD reporting platform.
- Engage Stakeholders: Making sure you keep in touch with internal and external stakeholders is imperative in order to include their expectations in CSR and the rest of your CSRD reporting strategy.
- Choose a CSRD Reporting Framework: Become familiar with well-known CSRD reporting frameworks such as SASB, GRI, and SDGs – and determine which is most appropriate for your business.
- Make CSRD Reporting Part of Your Company: People shouldn’t brush their teeth only when they go to the dentist, it should be a year-round effort. The same concept goes for CSRD reporting: your company should make an effort to adhere to the guidelines of the CSRD framework of your choice year-round.
- Seek to Improve: Your business should seek to monitor new policies, adjust goals, and incorporate feedback from your stakeholders in order to continue creating the best CSRD reporting strategy possible.
Overall, complying with the CSRD can prove challenging – but we hope this list of our favorite CSRD reporting software can help your company to get started with this worldwide movement.
What about Greenly?
If reading this article about the best 5 CSRD reporting platforms of 2024 has made you interested in reducing your carbon emissions to further fight against climate change – Greenly can help you!
It can be challenging to decide which CSRD reporting platform is best for your company, but don’t worry – Greenly is here to help. Click here to schedule a demo to see how Greenly can help you find ways to effectively implement and utilize a better climate strategy.
Greenly can help you make an environmental change for the better, starting with a carbon footprint assessment to know how much carbon emissions your company produces.
Sources
European Commission https://commission.europa.eu/document/download/71ca40f4-7929-42fc-922c-8a0073b0660f_en?filename=CSDDD%20Omnibus%20proposal_0.pdf and https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en
EU Parliament News https://www.europarl.europa.eu/news/en/press-room/20221107IPR49611/sustainable-economy-parliament-adopts-new-reporting-rules-for-multinationals
EFRAG https://www.efrag.org/en/projects/noneu-groups-standard-setting/research-phase
KPMG https://kpmg.com/nl/en/home/topics/environmental-social-governance/corporate-sustainability-reporting-directive.html
Brightest https://www.brightest.io/
Wolters Kluwer https://www.wolterskluwer.com/en/solutions/enablon/esg
Azeus https://www.azeus.com/products-services/azeus-products/convene-esg/
IBM Envizi https://www.ibm.com/products/envizi/esg-reporting-frameworks/csrd-reporting
More articles
View all
What is sustainability reporting and why is it important?
1 min
Level
In this article, we'll explore what sustainability reporting is, the benefits it brings, and why it's essential for your company.
Decarbonization: what it is and why it matters
1 min
Level
In this article, we break down what decarbonization means, explore why it's urgently needed, and outline practical steps companies can take to support the global push toward net zero.
What is Carbon Management?
1 min
Level
Carbon management strategically reduces the CO2 emissions of a business’s carbon footprint. Find out how businesses are adopting carbon management strategies.