{"id":4964,"date":"2024-07-23T08:57:06","date_gmt":"2024-07-23T08:57:06","guid":{"rendered":"https:\/\/www.balkanservices.com\/blog\/?p=4964"},"modified":"2024-08-22T12:03:09","modified_gmt":"2024-08-22T12:03:09","slug":"what-is-esg-software","status":"publish","type":"post","link":"https:\/\/www.balkanservices.com\/blog\/en\/what-is-esg-software\/","title":{"rendered":"What is ESG software?"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">What is ESG software?<\/h1>\n\n\n\n<p>ESG (from English. Environment, Social, and Governance (ESG) is a topic that <strong>continues to evolve and enter more and more aspects of business<\/strong>. Companies need to be socially engaged, corporately responsible, and environmentally friendly in their operations.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-3677e21\" data-block-id=\"3677e21\"><style>.stk-3677e21{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-7276042\" data-block-id=\"7276042\"><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-59bbeda\" data-block-id=\"59bbeda\"><style>.stk-59bbeda .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-59bbeda .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-59bbeda .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-59bbeda\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-59-bbeda-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-59-bbeda-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 64 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M64 64c0-17.7-14.3-32-32-32S0 46.3 0 64V320c0 17.7 14.3 32 32 32s32-14.3 32-32V64zM32 480a40 40 0 1 0 0-80 40 40 0 1 0 0 80z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-89815ed\" id=\"under-the-requirements-of-the-corporate-sustainability-reporting-directive-csrd-in-order-to-be-able-to-strong-monitor-and-demonstrate-their-performance-and-progress-strong-many-companies-are-required-to-prepare-and-file-esg-reports-for-reporting-periods-beginning-on-and-after-january-1-2024\" data-block-id=\"89815ed\"><p class=\"stk-block-heading__text\">Under the requirements of the Corporate Sustainability Reporting Directive (CSRD), in order to be able to <strong>monitor and demonstrate their performance and progress<\/strong>, many companies are required to prepare and file ESG reports for reporting periods beginning on and after January 1, 2024.<\/p><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-0395777\" data-block-id=\"0395777\"><style>.stk-0395777{height:35px !important}<\/style><\/div>\n\n\n\n<p>Their primary purpose is to provide information on how the organization manages its environmental impact, social responsibility, and corporate governance.<\/p>\n\n\n\n<p><strong>The use of <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/esg-software-for-sustainability-reporting\" target=\"_blank\" rel=\"noreferrer noopener\">ESG reporting software<\/a> is critical<\/strong>, and therefore, the market for ESG software providers is also expected to grow rapidly.<\/p>\n\n\n\n<p>In the following lines, we will take the <strong>first step towards choosing the right software solution for you<\/strong>: we will explain what ESG software is.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-c794589\" data-block-id=\"c794589\"><style>.stk-c794589{height:35px !important}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/what-is-esg-and-how-do-you-comply-with-sustainability-reporting-regulations-in-a-timely-manner\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: What is ESG and how do you comply with sustainability reporting regulations in a timely manner?<\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-8ef394b\" data-block-id=\"8ef394b\"><style>.stk-8ef394b{height:35px !important}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What is <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/esg-software-for-sustainability-reporting\" target=\"_blank\" rel=\"noreferrer noopener\">ESG software<\/a>?<\/h2>\n\n\n\n<p>ESG software is a useful tool for helping businesses m<strong>anage, improve, and report on their ESG policies and practices.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-d3e67fd\" data-block-id=\"d3e67fd\"><style>.stk-d3e67fd{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-636d663\" data-block-id=\"636d663\"><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-77f0c33\" data-block-id=\"77f0c33\"><style>.stk-77f0c33 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-77f0c33 .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-77f0c33 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-77f0c33\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-77-f-0-c-33-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-77-f-0-c-33-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 384 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M297.2 248.9C311.6 228.3 320 203.2 320 176c0-70.7-57.3-128-128-128S64 105.3 64 176c0 27.2 8.4 52.3 22.8 72.9c3.7 5.3 8.1 11.3 12.8 17.7l0 0c12.9 17.7 28.3 38.9 39.8 59.8c10.4 19 15.7 38.8 18.3 57.5H109c-2.2-12-5.9-23.7-11.8-34.5c-9.9-18-22.2-34.9-34.5-51.8l0 0 0 0c-5.2-7.1-10.4-14.2-15.4-21.4C27.6 247.9 16 213.3 16 176C16 78.8 94.8 0 192 0s176 78.8 176 176c0 37.3-11.6 71.9-31.4 100.3c-5 7.2-10.2 14.3-15.4 21.4l0 0 0 0c-12.3 16.8-24.6 33.7-34.5 51.8c-5.9 10.8-9.6 22.5-11.8 34.5H226.4c2.6-18.7 7.9-38.6 18.3-57.5c11.5-20.9 26.9-42.1 39.8-59.8l0 0 0 0 0 0c4.7-6.4 9-12.4 12.7-17.7zM192 128c-26.5 0-48 21.5-48 48c0 8.8-7.2 16-16 16s-16-7.2-16-16c0-44.2 35.8-80 80-80c8.8 0 16 7.2 16 16s-7.2 16-16 16zm0 384c-44.2 0-80-35.8-80-80V416H272v16c0 44.2-35.8 80-80 80z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-2077b78\" id=\"it-allows-organizations-to-accurately-measure-and-track-their-esg-performance-enabling-them-to-identify-their-strengths-and-weaknesses-in-their-sustainability-efforts\" data-block-id=\"2077b78\"><p class=\"stk-block-heading__text\">It allows organizations to accurately measure and track their ESG performance, enabling them to identify their strengths and weaknesses in their sustainability efforts.<\/p><\/div>\n<\/div><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-3d9a11c\" data-block-id=\"3d9a11c\"><style>.stk-3d9a11c{height:35px !important}<\/style><\/div>\n\n\n\n<p>On the other hand, the software provides centralized data <strong>collection, analysis, and reporting, facilitating the process related to ESG regulations.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-bd57a59\" data-block-id=\"bd57a59\"><style>.stk-bd57a59{height:35px !important}<\/style><\/div>\n\n\n<div data-block=\"hook:3908\" class=\"alignfull\" data-block-structure=\"custom\"><div class=\"ct-container-full\" data-content=\"normal\"><article id=\"post-3908\" class=\"post-3908\"><div class=\"entry-content is-layout-constrained\">\n<div class=\"wp-block-media-text alignfull has-media-on-the-right is-stacked-on-mobile is-vertically-aligned-center is-image-fill is-style-default has-palette-color-8-color has-palette-color-4-background-color has-text-color has-background has-link-color wp-elements-326cc7970ec94e154d90381fd2939023\" style=\"margin-top:var(--wp--preset--spacing--50);margin-bottom:var(--wp--preset--spacing--50);margin-left:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;grid-template-columns:auto 37%\"><div class=\"wp-block-media-text__content\">\n<h2 class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:var(--wp--preset--spacing--40);margin-right:0;margin-bottom:0;margin-left:0\">Looking for business software?<\/h2>\n\n\n\n<p class=\"has-palette-color-8-color has-text-color\" style=\"margin-top:var(--wp--preset--spacing--20);margin-bottom:var(--wp--preset--spacing--20);font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.234), 17px);line-height:1.5\">Our team is here to listen carefully and offer the right solution for you.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-088e0d7\" data-block-id=\"088e0d7\"><style>.stk-088e0d7{margin-bottom:30px !important;position:relative !important}@media screen and (max-width:999px){.stk-088e0d7{margin-bottom:36px !important}}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button is-style-ghost stk-block stk-cb9bee0\" data-block-id=\"cb9bee0\"><style>.stk-cb9bee0{top:23px !important}.stk-cb9bee0 .stk-button{padding-right:33px !important;padding-left:33px !important;background:var(--theme-palette-color-1,#F6891F) !important}.stk-cb9bee0 .stk-button:hover:after{background:transparent !important;opacity:1 !important}:where(.stk-hover-parent:hover,.stk-hover-parent.stk--is-hovered) .stk-cb9bee0 .stk-button:after{background:transparent !important;opacity:1 !important}.stk-cb9bee0 .stk-button:before{border-style:solid !important;border-color:var(--theme-palette-color-8,#ffffff) !important;border-top-width:0px !important;border-right-width:0px !important;border-bottom-width:0px !important;border-left-width:0px !important}.stk-cb9bee0 .stk-button__inner-text{color:var(--theme-palette-color-8,#ffffff) !important}<\/style><a class=\"stk-link stk-button stk--hover-effect-lift\" href=\"https:\/\/www.balkanservices.com\/eng\/contact\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-text-color stk-button__inner-text\">Schedule a free consultation &gt;<\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><figure class=\"wp-block-media-text__media\" style=\"background-image:url(https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg);background-position:50% 50%\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"638\" src=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg\" alt=\"\" class=\"wp-image-3887 size-full\" srcset=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg 1024w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-300x187.jpg 300w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-768x478.jpg 768w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1536x957.jpg 1536w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-2048x1276.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n<\/div><\/article><\/div><\/div>\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-bc75be4\" data-block-id=\"bc75be4\"><style>.stk-bc75be4{height:35px !important}<\/style><\/div>\n\n\n\n<p>With functions to <strong>track and analyze operational data<\/strong> such as energy consumption and waste generation or calculate CO2 emissions, specialized solutions support sustainability efforts, such as managing the carbon footprint of supply chain processes.<\/p>\n\n\n\n<p><strong>Organizations of all sizes and across all industries<\/strong> can use ESG software to manage their environmental impact effectively.<\/p>\n\n\n\n<p>These solutions simplify compliance with ESG regulations,<strong> identify areas for improvement in sustainability, and facilitate changes<\/strong> that promote not only environmental but also economic and social sustainability.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-a98ab11\" data-block-id=\"a98ab11\"><style>.stk-a98ab11{height:35px !important}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/esg-reporting-in-practice-examples-and-new-aspects\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: ESG reporting in practice \u2013 examples and new aspects<\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-7c2a8fb\" data-block-id=\"7c2a8fb\"><style>.stk-7c2a8fb{height:35px !important}<\/style><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Choosing the right software and implementer can be a challenging and time-consuming task.<\/p>\n\n\n\n<p>Before selecting the right solution for your business and its implementer, it&#8217;s a good idea to<strong> assess your needs and the vendor&#8217;s ability to meet them and help your organization achieve its goals.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-9962f47\" data-block-id=\"9962f47\"><style>.stk-9962f47{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-divider alignwide stk-block-divider stk-block stk-2b2441c\" data-block-id=\"2b2441c\"><hr class=\"stk-block-divider__hr\"\/><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-ca5194b\" data-block-id=\"ca5194b\"><style>.stk-ca5194b{height:35px !important}<\/style><\/div>\n\n\n\n<p>No business today can grow and be competitive without IT systems. Choosing and implementing the right software solution is a complex, difficult, but critically important decision.<\/p>\n\n\n\n<p>At Balkan Services,, we have expert knowledge of business, technology, and legislation and speak all three languages. We will listen carefully and advise you on choosing the right business system for your needs.<\/p>\n\n\n\n<p>Balkan Services has been supporting businesses on their digital transformation journey since 2006. We have already helped over 390 companies digitize their businesses by implementing well-established software solutions and managing IT infrastructure.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.balkanservices.com\/eng\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">Contact us ><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is ESG software? ESG (from English. Environment, Social, and Governance (ESG) is a topic that continues to evolve and enter more and more aspects of business. Companies need to be socially engaged, corporately responsible, and environmentally friendly in their operations. Under the requirements of the Corporate Sustainability Reporting Directive (CSRD), in order to be [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":4969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[259],"tags":[],"class_list":["post-4964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esg"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is ESG software and why is it needed? - Balkan Services<\/title>\n<meta name=\"description\" content=\"Understand what is ESG and learn how to accurately measure ESG performance, determine your strengths and weaknesses in the field of ESG &gt;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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