
The Carbon Border Adjustment Mechanism (CBAM)
In this article, we break down what the EU CBAM is, how it works, and what businesses need to do to comply.
ESG / CSR
Industries
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.
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:
Platform | Why It Stands Out |
---|---|
1. Greenly | #1 CSRD platform for automation, UX, and audit-ready compliance. |
2. Brightest | Focused on ESG data workflows, but lacks intuitive design. |
3. Enablon ESG | Enterprise features, but complex and hard to scale for SMEs. |
4. Convene ESG | Strong on board-level reporting, but not built for CSRD depth. |
5. IBM Envizi | Built-in AI, but setup is slow and support is enterprise-tier only. |
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.
Location: Paris, France
Pricing: Available on our pricing page
Our key features to assist your company in meeting its sustainability targets includes:
Best Suited For: Organizations looking to scale their sustainability strategy as their business grows
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:
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.
Location: New York City, USA
Pricing: Ranging from free to over $45,000 annually
Key features of Brightest include:
Best Suited For: Brightest is best for companies looking for an all-inclusive platform for CSRD reporting, carbon accounting, and ESG management.
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.
Location: Paris, France
Pricing: Ranging from free to over $45,000 annually
Enablon offers clients key features such as as:
Best Suited For: 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.
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.
Location: London, United Kingdom
Pricing: Around $7,600 annually
Additional key features from Convene ESG include:
Best Suited For: Companies seeking a way to make it easier to comply with climate-related disclosures, as Convene works to make data collection and management simpler so that companies can comply without additional stress.
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).
Location: Armonk, New York, USA
Pricing: Ranging from $30,000 to $45,000 annually
Key Features of IBM Envizi Include:
Best Suited For: 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.
To form your own opinion, you can explore the benchmark of the CSRD compliance platform by Sia Partners.
Choosing the right CSRD data management solution requires selecting a framework most suitable to your business needs, a platform capable of setting achievable 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.
With the Corporate Sustainability Reporting Directive (CSRD) now in effect, more companies are facing the realization that they must not only measure and disclose their carbon footprint, but also how sustainability risks impact their business operations, strategy, and value chain.
Choosing the right CSRD data management solution is no longer just about ticking compliance boxes — it’s about ensuring your organization has the tools to collect accurate, auditable data and turn it into actionable insight.
From aligning with frameworks like the Task Force on Climate-related Financial Disclosures (TCFD) to mapping Scope 3 emissions across your value chain, the ideal CSRD data management solution should simplify complexity while building investor-grade transparency.
Greenly is one of the best CSRD data management solutions as our platform possesses seamless collaboration tools that empower sustainability teams to go beyond reporting – but to become leaders in the midst of the global push for greater sustainability.
When comparing CSRD data management platforms, Greenly is positioned as a leader across the board – as Greenly offers robust capabilities in double materiality analysis, gap analysis, and data collection, while many competitors only deliver strongly on one or two of these aspects of CSRD.
Platforms like Coolset tend to focus on singular components of CSRD such as report writing, and while they may support data collection – they fall short on more complex areas such as double materiality. Meanwhile, Sweep doesn't provide pivotal components such as a comprehensive double materiality assessment, and isn't as affordable as other platforms that offer a more well-rounded approach for multiple key areas of CSRD.
Greenly, on the other hand, not only delivers top-tier support across the CSRD value chain, but does so at a more accessible price point – making it one of the most complete and cost-effective solutions available today.
In fact, according to a 2024 CSRD Compliance Platforms Benchmark by Sia Partners, recognized Greenly for our effective data collection process relevant for organizations seeking to comply with various standards such as ESRS.
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.
Here are some things to keep in mind when selecting a CSRD data management solution:
Overall, choosing the right CSRD data management solition 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.
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.
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:
However, the CSRD is slowly becoming imperative amongst smaller-sized businesses – such as is depicted in the drop down sections below:
By 2025, the CSRD will be compulsory for large companies with:
By 2026, the CSRD will be mandatory for small and medium sized companies with:
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.
By 2028, the CSRD will be required for all non-EU companies with:
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.
CSRD reporting helps build greater transparency across industries—essential in global efforts to fight climate change. According to the European Financial Reporting Advisory Group (EFRAG), reporting software has become key for the estimated 49,000 companies that must implement standard sustainability disclosures by 2026. Transparency is crucial to earn stakeholder trust and avoid greenwashing.
The main goal of a CSRD reporting platform is to simplify the process by assisting companies in collecting accurate data and helping them remain compliant with evolving CSRD obligations.
Greenly supports CSRD double materiality as one of the few platforms offering a full-spectrum approach—covering both financial and environmental impact assessments as required under the CSRD.
Yes, Greenly is an excellent CSRD reporting automation tool. Its combination of audit readiness, double materiality assessments, and engagement tools for suppliers and stakeholders simplifies CSRD compliance at scale.
Greenly’s platform offers double materiality assessments, gap analysis, Scope 3 emissions tracking, and audit-ready, automated reporting—empowering companies to enhance transparency and stakeholder engagement.
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/ and https://www.brightest.io/pricing
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
OMR Reviews https://omr.com/en/reviews/product/ibm-envizi-esg-suite/alternatives
Convene ESG https://assets.applytosupply.digitalmarketplace.service.gov.uk/g-cloud-14/documents/92215/422550777865688-pricing-document-2024-05-05-1747.pdf