As businesses increasingly focus on sustainability and environmental impact, compounded by new laws like the Corporate Sustainability Reporting Directive (CSRD), carbon accounting software has become essential. Greenly is a popular choice in this space, but it's not the only option available. 

In this post, we'll explore Greenly's pros and cons and introduce you to five top alternatives that might better suit your company's needs.

The pros and cons of Greenly

Greenly is a carbon accounting platform designed to help businesses track, manage, and reduce their carbon emissions. Before we dive into the Greenly alternatives, let's take a quick look at its benefits and where it might fall short.

Pros:

• User-friendly interface
• Time and cost-efficient
• Detailed sustainability reporting
• Responsive customer support
• Wide range of integrations

Cons:

• Limited reporting customization
• Some features missing or restricted
• Inconsistent customer support quality
• Occasional performance issues
• Time-consuming data validation process

The top 5 Greenly alternatives compared

1. Coolset

As the publisher of this content, we want to be transparent about our inclusion of Coolset in this list. We believe our software offers significant advantages, particularly for mid-market companies focusing on sustainability management and compliance.

Our platform simplifies the complex process of measuring, reporting, and improving environmental performance. With a built-in CSRD compliance module, double materiality assessment guidance, adaptive disclosure requirements, and audit-ready reporting, our tool helps mid-market companies reduce emissions and comply with regulations with ease. 

Website: www.coolset.com

Best for: Mid-market companies seeking robust sustainability management and compliance solutions

Key features:

• Comprehensive CSRD and GHG Protocol compliance tools
• Automated carbon footprint tracking (Scopes 1, 2, and 3)
• Advanced analytics and audit-ready reporting
• Efficiency-boosting automations and team collaboration
• Sustainability target setting and outcome forecasting

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2. Sweep

Sweep is a sustainability data management platform that helps businesses track, disclose, and act on their carbon emissions. 

The software helps businesses measure and analyze large datasets, comply with the latest ESG standards and regulations, and implement data-driven carbon reduction strategies.

Website: www.sweep.net

Best for: Enterprises, mid market firms, and financial institutions

Key features:

• Carbon and ESG data tracking
• Value chain sustainability management
• Multi-standard disclosure compliance 
• Streamlined audit preparation
• AI-powered sustainability strategy insights

3. Workiva

Workiva offers solutions for various corporate reporting needs, including carbon management and ESG reporting. 

Businesses can automatically calculate carbon emissions, set science-based reduction targets, and produce audit-ready reports in line with leading frameworks and standards. 

Website: www.workiva.com

Best for: Large enterprises with complex reporting requirements

Key features:

• Integrated ESG reporting
• Data connectivity and automation
• Audit trail and version control
• Collaborative workspace for teams
• Regulatory compliance support

4. LucaNet

Known for its financial consolidation and planning software, LucaNet also offers solutions for ESG reporting. The platform helps companies to collect and analyze sustainability data and produce fully compliant reports with ease.

It’s particularly useful for businesses looking to align their sustainability efforts closely with their financial planning and reporting processes.

Website: www.lucanet.com

Best for: Companies looking to integrate financial and sustainability reporting

Key features:

• Centralized data collection and validation
• Complete GHG emissions calculation
• Regulatory compliance support 
• Customizable KPI reporting
• Cloud-based collaborative platform

5. KeyESG

KeyESG is an all-in-one ESG management software that helps companies manage, analyze, report, and improve their sustainability performance. 

From identifying relevant metrics to automating data collection and analysis and reporting in-line with major ESG frameworks, the software makes it easy for businesses to stay ahead of sustainability regulations.

Website: www.keyesg.com

Best for: Companies of all sizes looking for comprehensive ESG management

Key features:

• Automated ESG metric collection
• Regulatory compliance support
• Intelligent reporting and visualizations
• Target setting and benchmarking tools
• Wide-ranging business app integrations

Why Coolset is your best bet for sustainability management and compliance

While each of these Greenly alternatives offers unique features, Coolset provides the most comprehensive and user-friendly solution for mid-market companies. 

Our platform combines advanced sustainability management with intuitive compliance tracking, simplifying ESG reporting and improvement. With customizable reports, actionable insights, and dedicated support, Coolset is ideal for companies focused on enhancing sustainability and staying compliant with evolving regulations.

We understand that choosing the right sustainability management platform is a big decision. To help you decide if Coolset is the right fit for your business, request a free demo and experience our platform firsthand.