PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1629117
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1629117
Malaysia ESG Reporting Software Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)
The Malaysia ESG reporting software market is projected to grow from $14.38 million in 2024 to $35.95 million by 2030, registering a compound annual growth rate (CAGR) of 16.9%. This growth is driven by the increasing adoption of environmental, social, and governance (ESG) practices across industries, alongside rising regulatory requirements for transparency and accountability. Frameworks such as the Malaysian Code on Corporate Governance (MCCG) and the Sustainability Reporting Guidelines of Bursa Malaysia are compelling companies to adopt advanced ESG reporting software to ensure compliance and improve stakeholder confidence.
Key Insights
Various sectors, including banking, manufacturing, energy, and agriculture, are adopting ESG reporting software to manage sustainability risks and enhance accountability.
The banking sector is under heightened scrutiny from regulators and stakeholders, driving the adoption of robust ESG reporting tools to meet compliance requirements.
Government initiatives promoting Industry 4.0 and digital transformation are encouraging the use of advanced technologies such as cloud computing and AI, enhancing ESG reporting capabilities with real-time data collection and automation.
Advanced analytics integrated into ESG reporting software enables companies to provide more accurate and insightful sustainability reports, meeting both regulatory demands and stakeholder expectations.
Small and medium-sized enterprises face challenges in adopting ESG software due to costs associated with implementation, integration, and employee training.
On-premises deployment is expected to dominate, accounting for an estimated 71.8% of the market share in 2024, driven by concerns over privacy and data security.
The market is fragmented, with numerous providers focusing on innovation and strategic collaborations to cater to the growing needs of businesses in Malaysia.
Increasing awareness of corporate sustainability practices and the need for transparent reporting are driving investments in ESG reporting solutions across industries.
The integration of ESG reporting with enterprise resource planning (ERP) systems is improving operational efficiency and streamlining data management for reporting purposes.
Companies are leveraging ESG reporting software to enhance their corporate reputation and align with global sustainability standards, further driving market growth.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Analysis Period
- 1.4 Market Data Reporting Unit
- 1.4.1 Value
- 1.5 Market Size Breakdown by Segment
- 1.5.1 Market Segmentation by Deployment Mode
- 1.5.2 Market Segmentation by Organization Size
- 1.5.3 Market Segmentation by Component
- 1.5.4 Market Segmentation by Vertical
- 1.6 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.1.1 Paid
- 2.1.2 Unpaid
- 2.1.3 P&S Intelligence Database
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research, by Industry Participant
- 2.2.2 Breakdown of Primary Research, by Designation
- 2.2.3 Breakdown of Primary Research, by Company Type
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Industry Outlook
- 4.1 Market Dynamics
- 4.1.1 Trends
- 4.1.1.1 Emergence of analytics in ESG reporting software
- 4.1.1.2 Increasing cloud adoption across verticals
- 4.1.2 Drivers
- 4.1.2.1 Rising implementation of ESG reporting
- 4.1.2.2 Advantageous features of ESG reporting software
- 4.1.2.3 Steady growth in corporate data volumes
- 4.1.3 Impact Analysis of Drivers on Market Forecast
- 4.1.4 Restraints
- 4.1.4.1 Huge initial capital expenditure
- 4.1.5 Impact Analysis of Restraints on Market Forecast
- 4.1.1 Trends
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Buyers
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Intensity of Rivalry
- 4.2.4 Threat of New Entrants
- 4.2.5 Threat of Substitutes
Chapter 5. Malaysia Market Size and Forecast
- 5.1 Overview
- 5.2 Market Revenue, by Deployment Mode (2017-2030)
- 5.3 Market Revenue, by Organization Size (2017-2030)
- 5.4 Market Revenue, by Component (2017-2030)
- 5.5 Market Revenue, by Vertical (2017-2030)
Chapter 6. Competitive Landscape
- 6.1 List of Major Market Players and Their Offerings
- 6.2 Recent Strategic Developments of Key Players
Chapter 7. Company Profiles
- 7.1 Boardroom Malaysia
- 7.1.1 Business Overview
- 7.1.2 Product and Service Offerings
- 7.2 Novem ESG Sdn Bhd
- 7.2.1 Business Overview
- 7.2.2 Product and Service Offerings
- 7.3 XTS Technologies Sdn Bhd
- 7.3.1 Business Overview
- 7.3.2 Product and Service Offerings
- 7.4 Sustainalytics
- 7.4.1 Business Overview
- 7.4.2 Product and Service Offerings
- 7.5 Bursa Malaysia Berhad
- 7.5.1 Business Overview
- 7.5.2 Product and Service Offerings
- 7.5.3 Key Financial Summary
- 7.6 KPMG PLT
- 7.6.1 Business Overview
- 7.6.2 Product and Service Offerings
- 7.7 Deloitte Touche Tohmatsu Limited
- 7.7.1 Business Overview
- 7.7.2 Product and Service Offerings
- 7.8 BDO Malaysia
- 7.8.1 Business Overview
- 7.8.2 Product and Service Offerings
- 7.9 SGS Malaysia Sdn. Bhd.
- 7.9.1 Business Overview
- 7.9.2 Product and Service Offerings
- 7.9.3 Key Financial Summary
- 7.10 Grant Thornton Malaysia PLT
- 7.10.1 Business Overview
- 7.10.2 Product and Service Offerings
- 7.11 ESG Solutions Sdn. Bhd.
- 7.11.1 Business Overview
- 7.11.2 Product and Service Offerings
- 7.12 AGV Sustainability
- 7.12.1 Business Overview
- 7.12.2 Product and Service Offerings
- 7.13 Forvis Mazars
- 7.13.1 Business Overview
- 7.13.2 Product and Service Offerings
- 7.14 Polar Advisory Group Sdn Bhd
- 7.14.1 Business Overview
- 7.14.2 Product and Service Offerings
- 7.15 Savills Plc
- 7.15.1 Business Overview
- 7.15.2 Product and Service Offerings
- 7.15.3 Key Financial Summary
- 7.16 Datamine
- 7.16.1 Business Overview
- 7.16.2 Product and Service Offerings
- 7.17 YHY CONSULTANCY SDN BHD
- 7.17.1 Business Overview
- 7.17.2 Product and Service Offerings
- 7.18 Baker Tilly Monteiro Heng PLT
- 7.18.1 Business Overview
- 7.18.2 Product and Service Offerings
- 7.19 ESGRIGHT SDN. BHD.
- 7.19.1 Business Overview
- 7.19.2 Product and Service Offerings
- 7.20 Wolters Kluwer N.V.
- 7.20.1 Business Overview
- 7.20.2 Product and Service Offerings
- 7.20.3 Key Financial Summary
- 7.21 PricewaterhouseCoopers
- 7.21.1 Business Overview
- 7.21.2 Product and Service Offerings
- 7.22 Diligent Corporation
- 7.22.1 Business Overview
- 7.22.2 Product and Service Offerings
- 7.23 Sphera Solutions Inc.
- 7.23.1 Business Overview
- 7.23.2 Product and Service Offerings
- 7.24 Schneider Electric SE
- 7.24.1 Business Overview
- 7.24.2 Product and Service Offerings
- 7.24.3 Key Financial Summary
- 7.25 International Business Machines Corporation
- 7.25.1 Business Overview
- 7.25.2 Product and Service Offerings
- 7.25.3 Key Financial Summary
- 7.26 Wellkinetics Sdn Bhd
- 7.26.1 Business Overview
- 7.26.2 Product and Service Offerings
- 7.27 ESG Associates Sdn Bhd
- 7.27.1 Business Overview
- 7.27.2 Product and Service Offerings
- 7.28 Crowe Malaysia PLT
- 7.28.1 Business Overview
- 7.28.2 Product and Service Offerings
- 7.29 myESG Sdn Bhd
- 7.29.1 Business Overview
- 7.29.2 Product and Service Offerings
- 7.30 UL Solutions Inc.
- 7.30.1 Business Overview
- 7.30.2 Product and Service Offerings
Chapter 8. Appendix
- 8.1 Sources and References
- 8.2 Related Reports
List of Tables
- TABLE 1 ANALYSIS PERIOD OF THE STUDY
- TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 4 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODE, $M (2017-2024)
- TABLE 5 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODE, $M (2025-2030)
- TABLE 6 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY ORGANIZATION SIZE, $M (2017-2024)
- TABLE 7 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY ORGANIZATION SIZE, $M (2025-2030)
- TABLE 8 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY COMPONENT, $M (2017-2024)
- TABLE 9 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY COMPONENT, $M (2025-2030)
- TABLE 10 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY VERTICAL, $M (2017-2024)
- TABLE 11 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY VERTICAL, $M (2025-2030)
- TABLE 12 LIST OF MAJOR MARKET PLAYERS AND THEIR OFFERINGS
- TABLE 13 BOARDROOM MALAYSIA - AT A GLANCE
- TABLE 14 NOVEM ESG SDN BHD - AT A GLANCE
- TABLE 15 XTS TECHNOLOGIES SDN BHD - AT A GLANCE
- TABLE 16 SUSTAINALYTICS - AT A GLANCE
- TABLE 17 BURSA MALAYSIA BERHAD - AT A GLANCE
- TABLE 18 BURSA MALAYSIA BERHAD - KEY FINANCIAL SUMMARY
- TABLE 19 KPMG PLT - AT A GLANCE
- TABLE 20 DELOITTE TOUCHE TOHMATSU LIMITED - AT A GLANCE
- TABLE 21 BDO MALAYSIA - AT A GLANCE
- TABLE 22 SGS MALAYSIA SDN. BHD. - AT A GLANCE
- TABLE 23 SGS MALAYSIA SDN. BHD. - KEY FINANCIAL SUMMARY
- TABLE 24 GRANT THORNTON MALAYSIA PLT- AT A GLANCE
- TABLE 25 ESG SOLUTIONS SDN. BHD. - AT A GLANCE
- TABLE 26 AGV SUSTAINABILITY - AT A GLANCE
- TABLE 27 FORVIS MAZARS- AT A GLANCE
- TABLE 28 POLAR ADVISORY GROUP SDN BHD - AT A GLANCE
- TABLE 29 SAVILLS PLC - AT A GLANCE
- TABLE 30 SAVILLS PLC - KEY FINANCIAL SUMMARY
- TABLE 31 DATAMINE - AT A GLANCE
- TABLE 32 YHY CONSULTANCY SDN BHD - AT A GLANCE
- TABLE 33 BAKER TILLY MONTEIRO HENG PLT - AT A GLANCE
- TABLE 34 ESGRIGHT SDN. BHD. - AT A GLANCE
- TABLE 35 WOLTERS KLUWER N.V. - AT A GLANCE
- TABLE 36 WOLTERS KLUWER N.V. - KEY FINANCIAL SUMMARY
- TABLE 37 PRICEWATERHOUSECOOPERS - AT A GLANCE
- TABLE 38 DILIGENT CORPORATION - AT A GLANCE
- TABLE 39 SPHERA SOLUTIONS INC. - AT A GLANCE
- TABLE 40 SCHNEIDER ELECTRIC SE - AT A GLANCE
- TABLE 41 SCHNEIDER ELECTRIC SE - KEY FINANCIAL SUMMARY
- TABLE 42 INTERNATIONAL BUSINESS MACHINES CORPORATION - AT A GLANCE
- TABLE 43 INTERNATIONAL BUSINESS MACHINES CORPORATION - KEY FINANCIAL SUMMARY
- TABLE 44 WELLKINETICS SDN BHD - AT A GLANCE
- TABLE 45 ESG ASSOCIATES SDN BHD - AT A GLANCE
- TABLE 46 CROWE MALAYSIA PLT - AT A GLANCE
- TABLE 47 MYESG SDN BHD - AT A GLANCE
- TABLE 48 UL SOLUTIONS INC. - AT A GLANCE
List of Figures
- FIG 1 MARKET SIZE BREAKDOWN BY SEGMENT
- FIG 2 RESEARCH METHODOLOGY
- FIG 3 BREAKDOWN OF PRIMARY RESEARCH, BY INDUSTRY PARTICIPANT
- FIG 4 BREAKDOWN OF PRIMARY RESEARCH, BY DESIGNATION
- FIG 5 BREAKDOWN OF PRIMARY RESEARCH, BY COMPANY TYPE
- FIG 6 RESEARCH METHODOLOGIES
- FIG 7 DATA TRIANGULATION APPROACH
- FIG 8 MALAYSIA ESG REPORTING SOFTWARE MARKET SUMMARY
- FIG 9 BARGAINING POWER OF BUYERS
- FIG 10 BARGAINING POWER OF SUPPLIERS
- FIG 11 INTENSITY OF RIVALRY
- FIG 12 THREAT OF NEW ENTRANTS
- FIG 13 THREAT OF SUBSTITUTES
- FIG 14 MALAYSIA ESG REPORTING SOFTWARE MARKET SNAPSHOT
- FIG 15 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODE, $M (2017-2030)
- FIG 16 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY ORGANIZATION SIZE, $M (2017-2030)
- FIG 17 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY COMPONENT, $M (2017-2030)
- FIG 18 MALAYSIA ESG REPORTING SOFTWARE MARKET REVENUE, BY VERTICAL, $M (2017-2030)
- FIG 19 BURSA MALAYSIA BERHAD - REVENUE SPLIT BY BUSINESS SECTOR (2023)
- FIG 20 SGS MALAYSIA SDN. BHD. - REVENUE SPLIT BY BUSINESS SECTOR AND GEOGRAPHY (2023)
- FIG 21 SAVILLS PLC - REVENUE SPLIT BY SERVICE AND GEOGRAPHY (2023)
- FIG 22 WOLTERS KLUWER N.V. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
- FIG 23 SCHNEIDER ELECTRIC SE - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
- FIG 24 INTERNATIONAL BUSINESS MACHINES CORPORATION - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)
