ESG Reporting Services Market Size, Share, Trend Report, 2033

ESG Reporting Services Market Overview

The ESG Reporting Services Market size was valued at USD 1076.53 million in 2024 and is expected to reach USD 2595.27 million by 2033, growing at a CAGR of 10.3% from 2025 to 2033.

The ESG reporting services market has seen significant expansion, driven by the global emphasis on environmental, social, and governance compliance. In 2024, more than 41,000 companies globally adopted ESG reporting services, compared to 28,700 in 2022. These services provide comprehensive support for sustainability disclosure, regulatory compliance, and corporate governance assessments. The demand is primarily fueled by the rising enforcement of mandatory ESG disclosure regulations in regions such as the European Union, where over 6,800 firms submitted compliant reports under the Corporate Sustainability Reporting Directive (CSRD) in 2024.

North America accounted for more than 14,500 ESG service adoptions in 2024, followed by Europe with 12,900 and Asia-Pacific with 8,300. ESG data assurance accounted for 27% of all service requests, reflecting increasing scrutiny over data authenticity. Over 17,000 firms utilized ESG strategy communication services to align with stakeholders and shareholders, while 9,400 enterprises requested third-party ESG assurance. The rise of AI and automation in ESG data processing also saw 5,800 companies integrating ESG analytics tools in their compliance programs. The market is becoming central to corporate transparency, risk reduction, and sustainable value creation.

Key Findings

Top Driver reason: Regulatory mandates and investor pressure are significantly increasing ESG disclosures globally.

Top Country/Region: North America led the market with 14,500 ESG service deployments in 2024.

Top Segment: Preparing ESG Reports accounted for over 31% of total ESG service adoptions.

ESG Reporting Services Market Trends

The ESG reporting services market is evolving rapidly, with significant attention from regulators, investors, and stakeholders. One of the prominent trends is the increasing adoption of AI-driven ESG reporting platforms. In 2024, over 6,100 companies globally utilized AI tools to streamline sustainability data processing, reducing manual reporting errors by 21%. These tools supported automation of over 45,000 compliance parameters across multiple jurisdictions.

Another trend is the rise of integrated ESG and financial reporting, where over 12,600 corporations combined financial and non-financial disclosures into unified annual reports. These integrated formats were adopted by 76% of companies listed on European exchanges in 2023. Real-time ESG dashboards, deployed by 5,300 firms, allow executive teams to monitor compliance status, emissions metrics, and diversity statistics.

Sustainability-linked reporting also gained momentum, with 7,200 companies in 2024 tying their ESG disclosures to sustainability-linked loans and green bond requirements. Furthermore, companies increasingly use ESG benchmarking services to compare their ESG scores with industry peers. In 2024, over 4,900 firms participated in third-party ESG scoring programs.

Outsourcing ESG reporting tasks became more prominent, with over 16,200 corporations engaging third-party consultancies to handle ESG audits and disclosures. This shift was particularly notable among mid-cap companies, where internal capabilities for regulatory navigation remained limited. ESG training services were utilized by over 2,100 firms globally to train compliance and reporting staff, particularly in Asia-Pacific.

ESG Reporting Services Market Dynamics

Drivers

Expanding global regulatory mandates for ESG disclosures

One of the primary drivers of the ESG reporting services market is the proliferation of mandatory ESG disclosure regulations. In 2024, over 9,800 companies were affected by the EU CSRD compliance framework. Similarly, the U.S. Securities and Exchange Commission proposed climate disclosure requirements, impacting more than 6,300 public companies. In Asia, countries like Japan and Singapore implemented ESG mandates across listed firms, with over 3,900 affected corporations. These legal frameworks push organizations to adopt ESG reporting services to meet jurisdictional compliance requirements.

Restraints

Lack of standardized ESG frameworks

Despite global momentum, the lack of universally accepted ESG reporting standards remains a significant restraint. In 2023, more than 11,400 firms reported inconsistencies while aligning with multiple frameworks such as GRI, SASB, and TCFD. The multiplicity of standards led to data redundancy and increased the complexity of reporting. Over 4,700 firms delayed ESG reporting rollout due to uncertainty in standard application. Small and medium-sized enterprises (SMEs) in emerging markets particularly struggled, with 67% citing confusion over framework selection as a barrier to adoption.

Opportunities

Rising demand for ESG assurance and verification services

The demand for ESG assurance has risen sharply. In 2024, over 9,400 companies engaged third-party firms to assure their ESG data, compared to 6,100 in 2022. Stakeholders increasingly require verified sustainability metrics before capital deployment. This demand opened opportunities for audit firms and consultancies to introduce ESG data validation tools and frameworks. In addition, 3,800 financial institutions began requiring assurance on ESG risk disclosures before approving project funding. This creates a high-value niche in ESG service portfolios, particularly among multinational corporations.

Challenges

Integration of ESG with existing enterprise systems

Integrating ESG systems with traditional financial and operational software remains a technical challenge. In 2023, 62% of firms using legacy ERP systems faced technical barriers integrating ESG data. More than 3,500 enterprises encountered data mapping and quality control issues while consolidating ESG data across departments. Additionally, 2,400 companies reported difficulties syncing emissions tracking tools with procurement and HR platforms. This integration bottleneck delays real-time analytics, increases compliance costs, and discourages internal adoption.

ESG Reporting Services Market Segmentation

By Type

Addressing ESG Expectations: In 2024, more than 7,600 enterprises utilized consultancy services to align internal practices with ESG expectations from investors and regulators. These services included ESG materiality assessments, stakeholder mapping, and compliance gap analysis.
Preparing ESG Reports: The most adopted service, ESG report preparation was used by over 12,900 companies in 2024. These services involved drafting sustainability reports in line with frameworks like GRI, SASB, and CSRD, with 6,200 reports submitted through digital platforms.
Assuring ESG Data: Third-party assurance services were employed by over 9,400 firms, focusing on verifying carbon emissions, board diversity, and labor rights metrics. 78% of assured reports were submitted to public registries or investor relations platforms.
Communicating ESG Strategy: In 2024, more than 8,100 organizations developed internal and external ESG communication strategies. These efforts included preparing investor presentations, ESG branding campaigns, and board-level messaging to articulate corporate sustainability commitments.
Others: Around 3,000 companies used digital dashboards, training services, and ESG analytics tools. These included interactive ESG visualization platforms, staff upskilling programs, and scenario modeling tools for climate risk.

By Application

Financial Industry: Over 11,600 financial institutions adopted ESG services for portfolio sustainability assessments, green finance compliance, and ESG-linked credit evaluations. Banks and asset managers accounted for 72% of ESG adoption within this segment.
Consumer & Retail: Around 7,200 retail brands implemented ESG disclosures covering product life cycles, ethical sourcing, and labor practices. 65% of these companies tied ESG outcomes to consumer branding and loyalty initiatives.
Industrial Manufacturing: In 2024, over 6,800 manufacturing companies engaged ESG services to track emissions, energy use, and waste disposal. More than 4,500 reports disclosed environmental impact from supply chain operations.
Energy & Natural Resources: Over 5,400 energy companies adopted ESG audits to meet investor disclosure requirements related to fossil fuel transition, biodiversity impact, and water usage. More than 3,300 reports were validated through third-party audits.
Real Estate: 4,200 real estate firms integrated ESG reporting into development proposals, green building certifications, and stakeholder engagement processes. 60% of these firms aligned reports with TCFD and LEED standards.
Others: Over 3,000 firms in IT, healthcare, and public sector domains utilized ESG services for digital compliance, community impact disclosures, and regulatory submissions.

ESG Reporting Services Market Regional Outlook

North America

accounted for 14,500 service engagements, led by the United States with 11,400 adoptions. Key contributors included public companies responding to anticipated SEC climate disclosure mandates. Over 7,200 companies outsourced ESG data preparation and assurance to third parties. S&P 500-listed companies represented 68% of service users.

Europe

The region reported 12,900 adoptions in 2024, driven by the CSRD and EU Taxonomy regulations. Germany, France, and the Netherlands were the top countries, with over 8,300 firms submitting EU-compliant ESG disclosures. Integrated reporting and mandatory assurance became common, with 5,700 companies adopting dual reporting systems.

Asia-Pacific

recorded 8,300 service engagements, led by Japan with 2,700 and India with 2,100. ESG adoption was catalyzed by regulatory updates in Singapore and Japan’s Stewardship Code. Approximately 3,100 firms used digital ESG platforms, and 1,800 received assurance for export compliance.

Middle East & Africa

The region showed rising interest, with 3,400 engagements in 2024. The UAE and South Africa led the region, with 1,900 and 870 engagements respectively. Energy companies formed 52% of users, reporting on carbon transition strategies and community impacts.

List of Top ESG Reporting Services Companies

PwC
EY
Deloitte
KPMG
RSM Global
Crowe
Grant Thornton
Cherry Bekaert
BDO
CohnReznick
CBIZ
CLA (CliftonLarsonAllen)
EisnerAmper
Moss Adams
Kroll
Smith & Williamson
Experian
Refinitin
RPS Group
Rödl Langford de Kock LLP

Top Two Companies with the Highest Share

PwC: In 2024, PwC served over 4,100 clients globally for ESG reporting, with 2,700 engagements focused on financial and assurance services.

Deloitte: Deloitte supported over 3,900 enterprises, specializing in ESG risk modeling, supply chain sustainability mapping, and TCFD-aligned disclosures.

Investment Analysis and Opportunities

The ESG reporting services market is attracting significant investment, particularly from financial institutions, private equity firms, and multinational corporations. In 2024, over 3,700 venture capital transactions focused on ESG SaaS platforms, data analytics engines, and assurance software. The average deal size was $4.1 million, with notable focus on AI-driven sustainability scorecards and real-time reporting engines.

Large corporations invested over $5.4 billion globally to develop internal ESG departments and reporting infrastructure. For example, 2,200 firms established in-house sustainability teams between 2023 and 2024. In contrast, 6,300 firms opted for outsourced ESG service contracts, with a 26% increase in multi-year contracts for full-spectrum services.

Opportunities emerged in ESG integration for supply chains, as 4,900 multinational corporations sought reporting solutions that included vendor sustainability assessments. Start-ups offering ESG blockchain tools received over 600 funding rounds in 2023 and 2024.

Emerging markets in Southeast Asia and Eastern Europe became hotbeds for ESG compliance startups, particularly those supporting SMEs. In 2024, 1,200 such start-ups operated across Vietnam, Poland, and the Philippines, offering low-cost ESG compliance kits. Public-private partnerships in the EU and Asia contributed over $3.2 billion to ESG infrastructure projects, further expanding investment avenues.

New Product Development

The ESG reporting services market saw the launch of more than 620 new digital products and solutions in 2023 and 2024. These included ESG dashboards, compliance automation tools, data assurance platforms, and industry-specific templates for ESG disclosures.

In 2024, over 180 firms released ESG integration modules for existing ERP systems, enabling seamless flow of ESG metrics from procurement and HR databases. These modules were adopted by 3,700 companies globally. Cloud-native ESG platforms launched in 2023 offered real-time visualization of sustainability KPIs and were deployed in over 2,900 enterprises.

Firms developed AI-powered materiality assessment tools that could scan 100+ parameters across stakeholder groups. Over 1,500 enterprises used these tools for their 2024 reporting cycle. Also introduced were multilingual ESG disclosure generators, allowing global companies to produce compliant reports in over 16 languages.

Digital twin-based ESG scenario planners helped 1,200 companies simulate climate, social, and governance risks under various regulatory landscapes. In addition, plug-and-play assurance APIs were launched in 2024, enabling ESG software to connect directly with audit and assurance providers.

Five Recent Developments

PwC launched an AI-powered ESG materiality engine in 2024, used by 2,200 clients for stakeholder analysis.
EY expanded its global ESG Assurance Hub in Frankfurt, supporting over 1,600 clients with assurance and verification services.
Deloitte introduced an ESG Cloud Toolkit for SMEs, adopted by 1,800 small and mid-sized firms for report generation.
Grant Thornton released a modular ESG risk dashboard in 2023, deployed across 980 manufacturing firms in Europe and Asia.
KPMG partnered with AI providers to enhance ESG data integrity, assisting 1,300 financial firms in accurate scope 3 emissions reporting.

Report Coverage of ESG Reporting Services Market

This comprehensive report on the ESG reporting services market provides in-depth analysis across service types, industry applications, regional performance, and competitive benchmarking. In 2024, the market accounted for more than 41,000 corporate adoptions globally, representing both mandatory and voluntary ESG initiatives.

The report includes data on five key service types, tracking over 120,000 client-service engagements. Application analysis spans six sectors with specific use cases, report volume, and assurance levels. Regional coverage outlines performance in 25 countries, segmented into North America, Europe, Asia-Pacific, and MEA.

Company analysis benchmarks 20 top service providers across client base, innovation rate, and assurance capabilities. Investment and new product development sections highlight over 3,700 funding transactions and 620 product innovations. The report also features five case-based developments, emphasizing real-world ESG service evolution from 2023 to 2024.

Data metrics include client numbers, service breakdowns, regional distributions, and industry penetration, enabling actionable insights for stakeholders, investors, and corporate decision-makers.