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Carbon Management Software (CMS) refers to digital platforms designed to help organizations monitor, report, and reduce their carbon emissions. As businesses face increasing pressure from regulators, investors, and consumers to act on climate change, demand for CMS solutions has significantly risen. These software platforms integrate data analytics, reporting capabilities, and emission tracking tools to ensure environmental compliance and improve sustainability practices.
Carbon Management Software Market was valued at USD 2252.21 million in 2023 and is projected to reach USD 2878.77 million by 2024, with further growth expected to USD 20513.44 million by 2032, showcasing a CAGR of 27.82% during the forecast period [2024-2032].
What is Carbon Management Software?
Carbon Management Software enables businesses to track greenhouse gas (GHG) emissions, analyze energy consumption patterns, forecast environmental impact, and create strategies to reduce carbon footprints. The software is commonly used in industries such as manufacturing, energy, transportation, and services. In 2025, the global landscape for CMS is increasingly data-centric and driven by ESG (Environmental, Social, and Governance) requirements.
How Big is the Carbon Management Software Industry in 2025?
By 2025, the Carbon Management Software industry has witnessed expansive growth, driven by net-zero commitments, carbon pricing regulations, and green investment incentives. The U.S. market, in particular, shows strong upward momentum with increasing corporate disclosures and SEC mandates encouraging carbon transparency.
USA Growing Carbon Management Software Market
In the United States, CMS adoption is highest among publicly listed companies, federal agencies, and state-level environmental regulators. Approximately 42% of enterprise-level companies in the U.S. have implemented at least one CMS platform. Additionally, 18% of mid-sized businesses are in the pilot phase of deployment.
Regional Market Share and Opportunities
- North America holds 38% of the global market share, dominated by the U.S. and Canada.
- Europe accounts for 31%, led by the UK, Germany, and France.
- Asia-Pacific captures 20%, with China and Japan driving growth.
- Latin America and Middle East & Africa jointly contribute 11%, with expanding policy initiatives.
Each region offers unique opportunities:
- North America: Compliance with SEC reporting and federal decarbonization policies.
- Europe: Green Deal initiatives and carbon border adjustment mechanisms.
- Asia-Pacific: Industrial decarbonization programs and digital transformation in manufacturing.
- LATAM/MEA: Capacity building for carbon accounting and renewable energy expansion.
Global Growth Insights unveils the top List Global Carbon Management Software Companies:
| Company | Headquarters | CAGR (2024–2025) | Revenue (2024) |
|---|---|---|---|
| SAP SE | Walldorf, Germany | 6.2% | USD 33.7 B |
| UL | Northbrook, USA | 4.8% | USD 2.6 B |
| IHS Markit Ltd | London, UK | 5.1% | USD 4.3 B |
| Cority Software Inc. | Toronto, Canada | 6.5% | USD 153 M |
| Dakota Software | Cleveland, USA | 4.4% | USD 38 M |
| Perillon | Boston, USA | 5.0% | USD 25 M |
| Carbonstop | Beijing, China | 7.8% | USD 11 M |
| Diligent | New York, USA | 5.6% | USD 250 M |
| IBM Corporation | Armonk, USA | 3.9% | USD 60.5 B |
| Enablon | Paris, France | 6.3% | USD 165 M |
| Simble | Sydney, Australia | 6.9% | USD 7.5 M |
| Schneider Electric | Rueil-Malmaison, France | 5.7% | USD 37.5 B |
| Greenstone Ltd | London, UK | 5.8% | USD 6 M |
| Engie SA | La Défense, France | 3.6% | USD 67.2 B |
| Accruent | Austin, USA | 4.9% | USD 120 M |
Company Profiles and Strategic Developments
SAP SE
SAP SE offers enterprise-grade CMS solutions via its SAP Environment, Health, and Safety Management platform. The company has integrated AI and IoT capabilities to enhance real-time emissions tracking. Its recent partnership with Siemens for industrial sustainability has expanded its reach in manufacturing sectors.
UL
UL’s 360 Sustainability platform allows businesses to centralize carbon data and generate sustainability reports. In 2024, UL collaborated with global retailers to enhance scope 3 emissions reporting across supply chains.
IHS Markit Ltd
Following its merger with S&P Global, IHS Markit expanded its environmental analytics offering. The company's carbon data modeling tools are increasingly adopted by financial institutions for climate risk assessments.
Cority Software Inc.
Cority’s CMS is integrated with EHSQ solutions. In 2024, the company launched a predictive emissions module which helps clients forecast environmental KPIs based on operations data.
Dakota Software
Focused on regulatory compliance, Dakota Software’s suite helps organizations align with U.S. EPA and SEC carbon disclosure requirements. In 2024, it expanded into the education and healthcare sectors.
Perillon
Perillon's lightweight CMS is ideal for SMBs and utilities. The firm introduced mobile carbon audit tools in 2024 to support field data collection.
Carbonstop
Carbonstop is China's leading carbon accounting software provider. Its flagship platform is used by more than 1,000 companies, including Alibaba and Tencent.
Diligent
Diligent added carbon scenario planning features to its GRC suite in 2024. The tool is gaining traction among public companies for board-level ESG reporting.
IBM Corporation
IBM’s Envizi suite enables energy, emissions, and ESG data management. In 2024, IBM expanded its CMS reach through partnerships with renewable energy providers.
Enablon
A Wolters Kluwer business, Enablon has a strong presence in the EU. Its CMS tools are integrated with risk management and operations platforms.
Simble
Simble’s Energy and Carbon Reporting solution is prominent in Australia and the UK. In 2024, the company secured a government contract to support carbon neutral initiatives.
Schneider Electric
Schneider Electric’s EcoStruxure platform integrates IoT sensors with emissions data reporting. The company has also embedded CMS capabilities into its industrial automation offerings.
Greenstone Ltd
Specializing in enterprise carbon reporting, Greenstone introduced AI-powered analytics in 2024. Its software is used by clients across 15+ countries.
Engie SA
Engie provides CMS within its energy transition services. In 2024, it launched a decarbonization consulting service that pairs software insights with advisory.
Accruent
Accruent’s CMS is integrated with asset management systems, helping facility operators lower carbon intensity per square foot.
Global Distribution of Carbon Management Software Providers
- North America: 42% of providers are headquartered in the U.S. or Canada. These firms focus heavily on regulatory compliance, utility sectors, and federal contracts.
- Europe: 35% of providers, with strong capabilities in cross-border reporting and carbon pricing tools.
- Asia-Pacific: 15%, mainly from China, Australia, and Japan, focused on industrial applications and manufacturing sector decarbonization.
- Latin America and MEA: 8% combined, growing due to foreign aid and NGO-led sustainability initiatives.
Market Trends and Product Innovations
- AI and Predictive Analytics: Growing integration of AI for emissions forecasting and anomaly detection.
- Blockchain for Carbon Credits: Used for verification and traceability in carbon trading systems.
- Mobile-first Interfaces: Especially prominent in field audit and remote site applications.
- Scope 3 Emissions Focus: New modules focus on supply chain emissions and third-party data ingestion.
- Real-time Dashboards: Cloud platforms are enhancing real-time data visualization and executive-level reporting.
Conclusion: Competitive Positioning and Future Outlook
The Carbon Management Software market is positioned at the intersection of digital innovation and environmental compliance. As more industries commit to net-zero and ESG becomes mainstream in corporate valuation, CMS platforms will be vital. U.S.-based firms dominate early adoption, but Europe leads in regulatory alignment, while Asia-Pacific is rapidly industrializing its sustainability operations.