Anitech ESG & Sustainability Services

Choosing the right ESG software is a critical decision for organisations preparing for mandatory ASRS reporting, Modern Slavery Act compliance, and voluntary sustainability disclosures. This comprehensive comparison guide evaluates leading ESG software platforms available to Australian businesses, helping you select the solution that best fits your reporting requirements, budget, and organisational capabilities.

Why ESG Software Matters

ESG software platforms help organisations:

  • Centralise data collection from across operations and supply chains
  • Automate calculations for emissions, energy, water, and other metrics
  • Track progress against sustainability targets over time
  • Generate reports aligned with ASRS, GRI, TCFD, and other frameworks
  • Manage disclosures including Modern Slavery Statements
  • Support assurance with audit trails and data validation

As double materiality assessment requirements evolve, software solutions are adapting to support both impact and financial materiality analysis.

Evaluation Criteria

We evaluate ESG software platforms against key criteria relevant to Australian reporting requirements:

ASRS Alignment

Support for mandatory climate-related financial disclosure requirements under the Australian Sustainability Reporting Standards, including:

  • Climate-related risks and opportunities identification
  • Scope 1, 2, and 3 emissions calculation
  • Scenario analysis capabilities
  • Transition planning support

Framework Support

Compatibility with reporting frameworks used by Australian organisations:

  • ASRS (Australian Sustainability Reporting Standards)
  • GRI (Global Reporting Initiative)
  • TCFD (Task Force on Climate-related Financial Disclosures)
  • ISSB (International Sustainability Standards Board)
  • Modern Slavery Act reporting

Data Management

  • Data collection automation and integration
  • Multi-site and multi-entity consolidation
  • Supply chain data collection
  • API connectivity with existing systems

Usability

  • User interface and ease of navigation
  • Training and onboarding requirements
  • Role-based access and collaboration features
  • Mobile accessibility

Australian Market Presence

  • Local customer base and case studies
  • Australian-based support teams
  • Understanding of Australian regulatory context
  • Data residency options

Pricing Transparency

  • Publishing pricing or clear pricing tiers
  • Implementation and support costs
  • Scalability pricing for growing organisations

ESG Software Platforms Evaluated

This guide evaluates the following platforms commonly used by Australian organisations:

  • Figbytes
  • Sphera
  • Diligent ESG (formerly Diligent ESG)
  • Intelex
  • Enablon
  • Workiva
  • Nasdaq ESG Advisor
  • Greenstone
  • Cority (formerly known as Cority)
  • EcoAct

Each platform is assessed against our evaluation criteria to help you make an informed decision.

Platform Comparison Summary

Below is a summary table comparing key features across platforms. Detailed assessments follow.

PlatformASRS ReadyGRI SupportScope 3Supply ChainAU Presence
FigbytesStrongYesAdvancedYesEstablished
SpheraStrongYesAdvancedYesGlobal
Diligent ESGYesYesYesLimitedYes
IntelexYesYesYesYesLimited
EnablonStrongYesAdvancedYesGlobal
WorkivaStrongYesYesLimitedYes
NasdaqDevelopingYesBasicNoYes
GreenstoneStrongYesAdvancedYesStrong
CorityYesYesYesYesLimited
EcoActStrongYesAdvancedYesGlobal

Note: Platform capabilities evolve rapidly. Consult vendors directly for current feature verification.

ESG software comparison dashboard
Choosing the right ESG platform depends on your reporting needs

Figbytes

Figbytes is a cloud-based sustainability platform with strong presence in Australia, designed for organisations of all sizes preparing for mandatory climate reporting.

Strengths

  • ASRS-ready: Built specifically with Australian reporting requirements in mind
  • Strong local presence: Australian team with regulatory expertise
  • Comprehensive Scope 3: Advanced supply chain emissions tracking
  • Flexible data collection: Multiple input methods including API integrations
  • Visual dashboards: Intuitive reporting and progress tracking

Considerations

  • Mid-tier pricing may not suit smallest organisations
  • Advanced features require training investment

Best For

Mid-sized to large Australian organisations seeking a locally-supported solution with strong ASRS alignment and comprehensive emissions tracking.

Australian Customers

Universities, government agencies, ASX-listed companies, and large private enterprises.

Sphera

Sphera is a global ESG software provider with comprehensive environmental, social, and governance capabilities acquired by Blackstone in 2021.

Strengths

  • Enterprise-grade: Robust for large, complex organisations
  • Deep environmental expertise: Strong heritage in environmental management
  • Comprehensive Scope 3: Extensive emissions factor databases
  • LCA integration: Life cycle assessment capabilities
  • Regulatory content: Built-in regulatory requirements library

Considerations

  • Enterprise pricing reflects comprehensive capabilities
  • Implementation requires significant project management
  • May be complex for organisations with simpler needs

Best For

Large enterprises and multinationals requiring deep environmental management capabilities and comprehensive ESG platform.

Diligent ESG

Diligent ESG (formerly acquired by Diligent Corporation) focuses on ESG data management and reporting with integration to broader governance solutions.

Strengths

  • Governance integration: Connects ESG with board and governance workflows
  • User-friendly interface: Relatively intuitive for non-technical users
  • Audit support: Strong documentation and audit trail capabilities
  • Framework flexibility: Supports multiple reporting frameworks

Considerations

  • Limited supply chain functionality
  • Environmental capabilities less advanced than specialist platforms

Best For

Organisations prioritising governance and board-level ESG oversight, particularly those already using Diligent board solutions.

Intelex

Intelex is a cloud-based environmental, health, safety, and quality (EHSQ) platform with ESG reporting capabilities owned by Fortive Corporation.

Strengths

  • EHS integration: Strong overlap with health and safety management
  • Incident management: Workplace incident tracking capabilities
  • Configurable workflows: Flexible process design
  • Mobile app: Field data collection capabilities

Considerations

  • ESG capabilities built on EHS foundation, less specialised
  • Limited Australian presence compared to local providers

Best For

Organisations with significant EHS requirements seeking to integrate environmental and safety data with ESG reporting.

Greenstone

Greenstone is a UK-based ESG software provider with strong Australian presence and deep expertise in sustainability reporting.

Strengths

  • Strong Australian presence: Dedicated Australian team and customer base
  • Comprehensive framework support: GRI, SASB, TCFD, CDP, ASRS
  • Supply chain module: Supplier engagement and data collection
  • Flexible reporting: Highly customisable report outputs
  • Transparent pricing: Clear pricing tiers published

Considerations

  • May require configuration investment for complex needs
  • Supply chain module is additional capability

Best For

Australian organisations seeking a locally-supported solution with transparent pricing and multi-framework reporting capabilities.

Australian Customers

Financial institutions, property companies, government agencies, and ASX-listed entities.

ESG reporting dashboard metrics

Workiva

Workiva is a US-listed platform for enterprise reporting, including ESG disclosures, with strong financial reporting integration.

Strengths

  • Integrated reporting: Single platform for financial and ESG reporting
  • Spreadsheet familiar: Interface familiar to finance teams
  • XBRL support: Structured data output for regulators
  • Audit trail: Comprehensive version control and documentation
  • Strong assurance support: Built for external auditor review

Considerations

  • Limited supply chain data collection
  • Environmental calculation capabilities less advanced
  • Premium pricing

Best For

Larger organisations, particularly ASX-listed entities, seeking to integrate ESG reporting with financial reporting in a single platform.

Enablon

Enablon is a global sustainability and EHS platform owned by Wolters Kluwer, serving large enterprises worldwide.

Strengths

  • Enterprise scale: Designed for complex, multi-site organisations
  • Comprehensive EHS: Deep environmental and safety capabilities
  • Regulatory content: Built-in regulatory requirements database
  • Integration capabilities: APIs for enterprise system connectivity
  • Maturity: Established platform with extensive track record

Considerations

  • Enterprise pricing and implementation scope
  • Complexity may exceed needs of mid-sized organisations

Best For

Large enterprises with complex operational footprints requiring deep EHS and environmental management integration.

Nasdaq ESG Advisor

Nasdaq ESG Advisor provides ESG data management and reporting tools with particular strength in capital markets.

Strengths

  • Capital markets focus: Designed for investor-facing disclosures
  • Rating agency alignment: Supports ESG rating agency requirements
  • User-friendly: Intuitive interface for reporting teams

Considerations

  • Limited supply chain functionality
  • Environmental calculation capabilities developing
  • Less suited to operational EHS integration

Best For

ASX-listed companies prioritising investor-facing ESG disclosures and ESG rating improvements.

Cority

Cority is an EHS and sustainability platform serving organisations across multiple industries.

Strengths

  • EHS foundation: Strong health, safety, and environmental capabilities
  • Configurable: Flexible platform architecture
  • Data collection: Multiple input channels including mobile

Considerations

  • ESG reporting built on EHS foundation
  • Australian presence more limited than local specialists

Best For

Organisations with significant EHS management needs seeking to consolidate EHS and ESG reporting.

EcoAct

EcoAct is a sustainability consultancy with software solutions for climate and carbon management.

Strengths

  • Climate expertise: Deep carbon and climate specialisation
  • Consulting integration: Software plus advisory services
  • Science-based targets: SBTi support and target-setting tools
  • Net-zero planning: Transition pathway development

Considerations

  • Environmental focus, less comprehensive on social/governance
  • Global team, Australian presence varies

Best For

Organisations with strong climate focus seeking combined software and consulting support for emissions reduction and net-zero planning.

Selection Framework

When selecting ESG software, consider your organisation’s specific needs:

By Organisation Size

Small to Medium Enterprises (under $100m revenue):

  • Consider: Greenstone (transparent pricing tiers), Figbytes (scalable)
  • Focus: ASRS readiness, ease of use, cost-effectiveness

Large Enterprises ($100m+ revenue):

  • Consider: Sphera, Enablon, Workiva, Figbytes, Greenstone
  • Focus: Enterprise scale, integration capabilities, assurance support

ASX-Listed Entities:

  • Consider: Workiva (financial integration), Greenstone (Australian presence), Figbytes
  • Focus: Integrated reporting, audit support, investor disclosure

By Reporting Priority

Climate-focused (ASRS mandatory):

  • Consider: Figbytes, Greenstone, Sphera, EcoAct
  • Focus: Scope 1, 2, 3 calculations, scenario analysis, transition planning

Multi-framework (GRI, TCFD, ISSB):

  • Consider: Greenstone, Figbytes, Sphera, Workiva
  • Focus: Framework flexibility, report generation, data centralisation

Supply chain focus (Modern Slavery Act):

  • Consider: Greenstone, Figbytes, Sphera, Intelex
  • Focus: Supplier data collection, risk assessment, disclosure management

EHS integration:

  • Consider: Intelex, Enablon, Cority, Sphera
  • Focus: Environmental data overlap, safety metrics, incident management

Implementation Considerations

Software selection is only the first step. Successful implementation requires:

Data Readiness

  • Identify data sources and collection processes
  • Establish data quality standards
  • Define ownership and responsibilities

Internal Resources

  • Allocate project management capacity
  • Identify subject matter experts
  • Plan training and change management

Timeline

  • Typical implementation: 3-12 months depending on complexity
  • Allow time for data migration and validation
  • Plan for parallel reporting periods during transition

Budget

  • Software licensing (annual or multi-year)
  • Implementation services
  • Training and onboarding
  • Ongoing support and maintenance
ESG software implementation process

ASRS-Specific Requirements

For organisations preparing for mandatory ASRS reporting, evaluate platforms against:

Core Climate Disclosures

  • Governance: Board and management role documentation
  • Strategy: Climate risks, opportunities, scenario analysis
  • Risk Management: Climate risk identification and assessment processes
  • Metrics and Targets: Scope 1, 2, 3 emissions, transition targets

Emissions Calculation

  • Scope 1 direct emissions (fuel, fugitive, process)
  • Scope 2 indirect emissions (electricity, steam, heating)
  • Scope 3 value chain emissions (upstream and downstream)

Scenario Analysis

  • Climate scenario modelling
  • Physical risk assessment
  • Transition risk assessment
  • Financial impact quantification

Assurance Readiness

  • Audit trails and documentation
  • Data validation and controls
  • Evidence management

Procurement Best Practice

Follow a structured approach to software selection:

1. Define Requirements

  • Engage stakeholders across sustainability, finance, operations
  • Prioritise must-have vs nice-to-have features
  • Define integration requirements

2. Shortlist Vendors

  • Request demonstrations
  • Speak with reference customers
  • Verify ASRS readiness claims

3. Evaluate Proposals

  • Compare total cost of ownership
  • Assess implementation approach
  • Review support and training offerings

4. Pilot or Proof of Concept

  • Test with representative data
  • Validate ease of use
  • Confirm integration capabilities

5. Negotiate Contract

  • Clarify data ownership and portability
  • Understand termination provisions
  • Secure service level commitments

How ESG Solutions Can Help

ESG Solutions provides independent advisory services for ESG software selection:

  • Needs assessment: Define your reporting requirements and organisational context
  • Vendor evaluation: Objective assessment of platform capabilities
  • Implementation support: Project management and change management
  • Data strategy: Prepare your organisation for successful software deployment
  • Ongoing advisory: Support through your first reporting cycle

Contact ESG Solutions for independent guidance on ESG software selection.

Key Takeaways

  • ESG software centralises data, automates calculations, and supports reporting
  • ASRS alignment is critical for Australian organisations facing mandatory reporting
  • Platform choice depends on organisation size, reporting priorities, and existing systems
  • Local presence and support matters for Australian regulatory understanding
  • Implementation requires data readiness, internal resources, and realistic timelines
  • Consider total cost including implementation, training, and ongoing support
  • Independent advice can help navigate complex vendor landscape

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