| Product Code: ETC11899662 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The ESG (Environmental, Social, and Governance) software market in India is experiencing significant growth driven by increasing awareness and focus on sustainable business practices among organizations. Companies are increasingly adopting ESG software to track, measure, and report their performance on various ESG parameters. The software helps in managing risks, ensuring compliance with regulations, and enhancing transparency in reporting practices. Key players in the Indian ESG software market offer solutions that cater to specific ESG needs such as carbon footprint tracking, supply chain sustainability, and social impact assessment. The market is also witnessing collaborations between software providers and industry associations to develop industry-specific ESG solutions. Overall, the India ESG software market is poised for further expansion as companies prioritize sustainability initiatives and stakeholders demand greater accountability in ESG practices.
In the India ESG software market, there is a growing emphasis on incorporating environmental, social, and governance factors into business operations and decision-making processes. Companies are increasingly recognizing the importance of sustainability and responsible business practices, driving the demand for ESG software solutions that help measure, track, and report on these metrics. Key trends include a shift towards integrated ESG platforms that offer comprehensive data analytics and reporting capabilities, increased focus on supply chain transparency and ethical sourcing practices, and the adoption of technology-driven solutions to enhance ESG performance. Additionally, regulatory developments and investor pressure are pushing organizations to prioritize ESG considerations, further fueling the adoption of ESG software solutions in the Indian market. Overall, the India ESG software market is poised for significant growth as businesses strive to meet the evolving sustainability requirements.
In the India ESG software market, challenges are primarily related to the lack of awareness and understanding of ESG principles among businesses, resulting in a slow adoption rate. Additionally, there is a shortage of standardized frameworks and regulations specific to ESG reporting in India, making it challenging for companies to effectively measure and report their ESG performance. Limited availability of skilled professionals with expertise in ESG data analysis and reporting further hinders the market growth. Moreover, the cost associated with implementing ESG software and integrating it with existing systems can be a barrier for small and medium-sized enterprises. Overall, addressing these challenges through education, regulatory support, and capacity building initiatives will be crucial for the successful development of the ESG software market in India.
The India ESG (Environmental, Social, and Governance) software market presents promising investment opportunities due to the increasing emphasis on sustainability and corporate responsibility among Indian companies. With regulatory frameworks evolving to promote ESG reporting, there is a growing demand for software solutions that help organizations track, analyze, and report their ESG performance. Investors can consider opportunities in companies offering ESG software platforms, data analytics tools, and consultancy services tailored to the specific needs of Indian businesses. Additionally, collaborations with government agencies, industry associations, and financial institutions can further drive growth in this market. Investing in the India ESG software market can not only generate financial returns but also contribute to the development of a more sustainable and socially responsible corporate ecosystem in the country.
The Indian government has been increasingly focusing on Environmental, Social, and Governance (ESG) practices, with various policies promoting sustainability and responsible business conduct. In terms of the software market, there is an emphasis on leveraging technology to drive ESG initiatives. The government has introduced initiatives such as the National Action Plan on Climate Change, the National Clean Energy Fund, and the Corporate Social Responsibility (CSR) mandate, which require companies to allocate a portion of their profits towards social and environmental causes. Additionally, the Ministry of Corporate Affairs has issued guidelines for companies to report on their sustainability performance through the Business Responsibility Report (BRR). These policies are driving the demand for ESG software solutions in India as companies seek to comply with regulations and improve their sustainability practices.
The future outlook for the India ESG (Environmental, Social, and Governance) software market is highly promising, driven by increasing awareness and focus on sustainability practices among businesses and regulatory bodies. With the growing emphasis on corporate responsibility and ethical practices, organizations in India are increasingly adopting ESG software solutions to measure, track, and report their ESG performance. The market is expected to witness significant growth as companies strive to enhance their sustainability efforts, comply with regulations, and meet investor demands for transparent ESG disclosures. Additionally, the government`s initiatives towards sustainable development and environmental conservation are further fueling the demand for ESG software solutions in India. Overall, the India ESG software market is poised for substantial expansion in the coming years as businesses prioritize sustainability and responsible business practices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India ESG Software Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India ESG Software Market Revenues & Volume, 2021 & 2031F |
3.3 India ESG Software Market - Industry Life Cycle |
3.4 India ESG Software Market - Porter's Five Forces |
3.5 India ESG Software Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.6 India ESG Software Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.7 India ESG Software Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.8 India ESG Software Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India ESG Software Market Revenues & Volume Share, By Compliance Type, 2021 & 2031F |
4 India ESG Software Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and focus on environmental sustainability in India |
4.2.2 Regulatory push towards ESG compliance by the government |
4.2.3 Growing demand for transparent reporting and accountability from stakeholders |
4.3 Market Restraints |
4.3.1 Lack of standardized ESG reporting frameworks in India |
4.3.2 Limited understanding and expertise in implementing ESG practices among businesses |
5 India ESG Software Market Trends |
6 India ESG Software Market, By Types |
6.1 India ESG Software Market, By Deployment Type |
6.1.1 Overview and Analysis |
6.1.2 India ESG Software Market Revenues & Volume, By Deployment Type, 2021 - 2031F |
6.1.3 India ESG Software Market Revenues & Volume, By Cloud-Based, 2021 - 2031F |
6.1.4 India ESG Software Market Revenues & Volume, By On-Premise, 2021 - 2031F |
6.1.5 India ESG Software Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 India ESG Software Market Revenues & Volume, By SaaS, 2021 - 2031F |
6.2 India ESG Software Market, By Industry Vertical |
6.2.1 Overview and Analysis |
6.2.2 India ESG Software Market Revenues & Volume, By BFSI, 2021 - 2031F |
6.2.3 India ESG Software Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.4 India ESG Software Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.2.5 India ESG Software Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3 India ESG Software Market, By Functionality |
6.3.1 Overview and Analysis |
6.3.2 India ESG Software Market Revenues & Volume, By Sustainability Reporting, 2021 - 2031F |
6.3.3 India ESG Software Market Revenues & Volume, By Risk Management, 2021 - 2031F |
6.3.4 India ESG Software Market Revenues & Volume, By Performance Monitoring, 2021 - 2031F |
6.3.5 India ESG Software Market Revenues & Volume, By ESG Compliance, 2021 - 2031F |
6.4 India ESG Software Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India ESG Software Market Revenues & Volume, By Enterprises, 2021 - 2031F |
6.4.3 India ESG Software Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.4.4 India ESG Software Market Revenues & Volume, By Governments, 2021 - 2031F |
6.4.5 India ESG Software Market Revenues & Volume, By Investors, 2021 - 2031F |
6.5 India ESG Software Market, By Compliance Type |
6.5.1 Overview and Analysis |
6.5.2 India ESG Software Market Revenues & Volume, By Environmental, 2021 - 2031F |
6.5.3 India ESG Software Market Revenues & Volume, By Social, 2021 - 2031F |
6.5.4 India ESG Software Market Revenues & Volume, By Governance, 2021 - 2031F |
6.5.5 India ESG Software Market Revenues & Volume, By Integrated, 2021 - 2031F |
7 India ESG Software Market Import-Export Trade Statistics |
7.1 India ESG Software Market Export to Major Countries |
7.2 India ESG Software Market Imports from Major Countries |
8 India ESG Software Market Key Performance Indicators |
8.1 Percentage increase in the number of companies adopting ESG software solutions |
8.2 Number of regulatory updates impacting ESG reporting requirements |
8.3 Growth in the number of ESG-related events and conferences in India |
8.4 Percentage increase in ESG-related job postings in the market |
8.5 Improvement in ESG performance scores of companies using ESG software |
9 India ESG Software Market - Opportunity Assessment |
9.1 India ESG Software Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.2 India ESG Software Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.3 India ESG Software Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.4 India ESG Software Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India ESG Software Market Opportunity Assessment, By Compliance Type, 2021 & 2031F |
10 India ESG Software Market - Competitive Landscape |
10.1 India ESG Software Market Revenue Share, By Companies, 2024 |
10.2 India ESG Software Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |