On average, respondents report a full ROI within 3 years of software implementation.
As software use cases increase and teams further leverage its capabilities to meet changing ESG and sustainability demands, this time to value is expected to shorten. Anticipating increased spend to support ESG and sustainability initiatives, organizations should:
Survey findings reveal how investment in software is helping improve organizational collaboration, mitigate risks, and meet ambitious ESG and sustainability goals. Key takeaways include:
Respondents state software improved the quality of ESG and sustainability reporting and stakeholder communications
Respondents note software improves their ability to manage progress towards ESG and sustainability KPIs
Respondents report software significantly boosts the efficiency of data collection and validation processes
Respondents state software helps mitigate risks related to inaccurate ESG and sustainability data
Respondents experience at least 25%-time savings when validating and ensuring data accuracy, including internal audit processes
Over 60% of respondents state they experience at least 25%-time savings when using software to collect ESG and sustainability data and validate accuracy.
In addition to time savings, users indicate other software advantages across key areas like automation, engagement, and decision-making—all from a single platform.
The primary advantage is that it automates complicated procedures like data collection, calculations, and formatting, which is a really valuable way to save time and resources.
Software has enabled us to engage with our stakeholders, including investors, customers, employees, regulators, and communities, more effectively.
To our advantage, the most significant benefit is that all sustainability data is housed on a single platform, enhancing data consistency and accessibility between departments.
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