Porter’s 5 Forces, Analysis of the SaaS ESG Tracking / Reporting Industry.
Off the back of last week’s post that introduced ESG, we are analyzing the ESG Tracking / Reporting industry according to Porter’s 5 Forces which I am learning about now through The Foundations of Business Strategy course at the University of Virginia.
Currently, there are a few dozen known ESG tracking / reporting SaaS products available globally. The task of tracking ESG is huge, but mostly administrative, hence why a SaaS platform offers a good solution.
Once set up, these platforms allow a company to automate most of its ESG tracking. This type of platform, allows you to easily generate the appropriate reports as needed. These reports help attain a high ESG Rating from organizations like S&P Global and are helpful in obtaining designations such as B-Corp. Some of the existing ESG tracking / reporting SaaS platforms are, SustainaBase, Equilibrium World, Brightest, and Goby, among others.
Let’s now analyze the market landscape for ESG Tracking SaaS platforms, using Porter’s 5 Forces.