ESG and human capital disclosure platform market seen at $22.75 billion by 2031

The global ESG and human capital disclosure platform market is projected to rise from $8.14 billion in 2025 to $9.57 billion in 2026 and reach $22.75 billion by 2031, according to a ResearchAndMarkets report added to its offering. The study forecasts a 18.91% compound annual growth rate from 2026 to 2031, driven by mandatory sustainability reporting, investor and lender demand for audit-ready non-financial data, and wider enterprise adoption of integrated disclosure systems. Regulatory catalysts cited in the report include the Corporate Sustainability Reporting Directive, ISSB (global sustainability standard-setter) requirements, and California Senate Bill 253, which requires companies with annual revenue above $1 billion and operations in California to disclose Scope 1 and Scope 2 emissions by Aug. 10, 2026. The report says companies are moving away from fragmented spreadsheets toward governed platforms that connect finance, human resources, sustainability, enterprise resource planning, and environmental health and safety systems. Platform software held 74.16% of the market in 2025, services are expected to grow at a 19.72% CAGR through 2031, cloud deployment accounted for 71.12% in 2025, and hybrid deployment is forecast to expand at a 20.14% CAGR. Europe held 38.92% of the market in 2025, while Asia-Pacific is expected to post the fastest regional growth at 23.18% through 2031.

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