target audience: TECH BUYER Publication date: Jul 2024 - Document type: IDC MarketScape - Doc Document number: # EUR150734224
IDC MarketScape: European ESG Technology Services for CSRD Compliance 2024 Vendor Assessment
Content
List of Tables
List of Figures
Get More
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.
Related Links
Abstract
This IDC study uses the IDC MarketScape model to provide an assessment of several providers offering ESG technology services for CSRD compliance in Europe. This IDC MarketScape is an evaluation based on a comprehensive framework and a set of parameters that assesses providers relative to one another and to those factors expected to be most conducive to success in each market during both the short and long term.
"The EU CSRD regulation is imminent, and the risks of not being prepared for this new EU directive are significant for any organization operating within EU markets. With a majority of affected companies not sufficiently prepared, more and more companies are seeking support from technology vendors. This IDC assessment has shown that the technology vendors in this relatively new space have rapidly started to build capabilities to support customers with the data and technology challenges associated with CSRD reporting and wider corporate ESG/sustainability efforts. With tech vendors expecting these offerings to form a significant future growth opportunity, the race for market share has only just started, and IDC's evaluation takes a first-ever look at the relative positioning of key vendors in this early stage." Katharina Grimme, associate vice president and research lead on sustainability, IDC Europe.