<img src="https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7?size=2" nborder="0" align="left" hspace="5" vspace="5" title="22157.jpg" alt="Company Logo"/>ESG rules and net-zero goals are driving demand for cloud and hybrid carbon accounting, reporting, Scope 3 automation, energy optimization and implementation services.Dublin, Sept. 11, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- <a href="https://www.researchandmarkets.com/reports/6254440/canada-green-it-software-market-share?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=qmvbgk&amp;utm_campaign=2347871+-+Canada+Green+IT+Software+Market+2026-2031+-+Growth+Driven+by+Corporate+Sustainability+and+Carbon+Reduction+Initiatives&amp;utm_exec=clshmsai" rel="nofollow" target="_blank" title="Canada Green IT Software - Market Share Analysis, Industry Trends &amp; Statistics, Growth Forecasts (2026-2031)">"Canada Green IT Software - Market Share Analysis, Industry Trends &amp; Statistics, Growth Forecasts (2026-2031)"</a> has been added to ResearchAndMarkets.com's offering. Canada Green IT Software Market to Reach USD 1.85 Billion by 2031 as ESG Compliance and Net-Zero Initiatives Accelerate Cloud adoption, carbon accounting requirements and sustainability data management are expected to drive a 16.83% CAGR from 2026 to 2031. The Canada green IT software market is projected to grow from USD 0.75 billion in 2025 and USD 0.85 billion in 2026 to USD 1.85 billion by 2031. This represents a compound annual growth rate of 16.83% between 2026 and 2031, supported by expanding ESG disclosure requirements, corporate net-zero commitments and increased investment in energy-efficient IT operations. ESG Disclosure Requirements Strengthen Software Demand Canada's sustainability disclosure environment continues to evolve as national standards and financial-sector climate requirements move into active implementation. The Canadian Sustainability Standards Board released CSDS 1 and CSDS 2 in December 2024, with voluntary application beginning for annual reporting periods starting January 1, 2025. The standards provide Canadian enterprises with reporting guidance aligned with IFRS S1 and IFRS S2. OSFI Guideline B-15 also requires federally regulated financial institutions to manage climate-related risks and disclose greenhouse gas emissions metrics according to a phased schedule. These requirements are sustaining procurement activity across the financial services sector while encouraging smaller regulated organizations to advance from initial planning to software selection and workflow development. As reporting expectations increase, organizations are moving away from spreadsheet-dependent processes in favor of green IT software platforms that offer audit trails, governance controls, emissions calculations and assurance-ready reporting. Demand is particularly strong for integrated solutions capable of connecting ESG reporting, carbon accounting and sustainability data management within a controlled enterprise environment. Corporate Net-Zero Commitments Expand the Market Corporate climate targets are increasingly translating into long-term technology investments. Organizations require reliable systems to measure progress, manage transition plans and connect emissions performance with operational and capital-allocation decisions. TELUS reported that it achieved 100% renewable and low-emitting electricity sourcing across its global operations by December 31, 2025, while maintaining its objective of reaching net-zero greenhouse gas emissions across Scopes 1, 2 and 3 by 2040. In May 2026, Desjardins stated that it had committed more than CAD 4 billion, equivalent to approximately USD 2.9 billion, to energy transition financing since 2021. Such commitments are increasing demand for software that supports emissions tracking, decarbonization planning and financed-emissions workflows. Supplier networks are also facing greater pressure to provide accurate carbon data, extending green IT software adoption beyond large enterprises and into small and medium-sized businesses seeking to remain competitive in corporate procurement programs. Migration and Integration Costs Remain a Key Challenge Despite strong market momentum, high implementation costs can delay purchasing decisions. Many Canadian organizations continue to manage sustainability information across spreadsheets, enterprise resource planning modules, energy records and separate financial systems. Integrating these sources into a unified reporting environment often requires extensive data mapping, system architecture reviews and workflow redesign. Vendors offering modular onboarding, phased implementation and compatibility with existing systems are positioned to address this challenge. IBM's April 2026 launch of Envizi Emissions Calculations in Excel illustrates the growing emphasis on structured entry points for organizations that are not yet ready for a full platform deployment. Additional market constraints include shortages of sustainability analytics professionals, while emerging growth opportunities include AI-supported Scope 3 data automation and energy cost optimization. Software Platforms Maintain the Largest Market Share Software represented 76.14% of the Canada green IT software market in 2025. Carbon accounting, ESG reporting and sustainability data management platforms remain the foundation of enterprise sustainability programs because they organize data, standardize workflows and support recurring disclosure obligations. Services are projected to grow at a CAGR of 16.91% through 2031. Demand is rising for implementation assistance, assurance preparation, regulatory updates and post-deployment advisory services. As sustainability standards continue to change, enterprises are placing greater value on vendors that combine technology capabilities with ongoing regulatory and operational support. Cloud Deployment Leads as Hybrid Adoption Accelerates Cloud-based deployment accounted for 64.17% of market revenue in 2025, reflecting demand for faster implementation, simplified software updates and lower internal infrastructure requirements. Cloud platforms remain a preferred option for organizations seeking to improve ESG disclosure readiness without building dedicated technology environments. Hybrid deployment is forecast to expand at a CAGR of 17.02% through 2031 as regulated organizations and public-sector users seek cloud-based analytics while retaining tighter control over sensitive operational data. SAP Canada's September 2025 introduction of Sovereign Cloud On-Site demonstrates how providers are responding to data residency and governance requirements. Microsoft's CAD 19 billion, or approximately USD 13.6 billion, Canadian infrastructure program is also expected to support enterprise confidence in cloud-hosted workloads. With ESG compliance, net-zero planning and energy optimization becoming strategic priorities, the Canada green IT software market is positioned for sustained growth through 2031. Platforms that combine secure deployment, automated emissions management, regulatory responsiveness and scalable implementation are expected to capture increasing demand across financial services, telecommunications, manufacturing, energy, government, healthcare and other major industries. Key Topics Covered: 1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET LANDSCAPE 4.1 Market Overview 4.2 Market Drivers 4.2.1 ESG Disclosure Compliance Demand 4.2.2 Corporate Net-Zero Commitments 4.2.3 Energy Cost Optimization in IT Operations 4.2.4 AI-Driven Scope 3 Data Automation 4.2.5 Data Sovereignty and Cloud-First Modernization in Canada 4.2.6 Public Sector Sustainable Procurement Programs 4.3 Market Restraints 4.3.1 High Upfront Migration and Integration Costs 4.3.2 Shortage of Sustainability Analytics Talent 4.3.3 Fragmented ESG Data and Metric Standardization 4.3.4 Legacy IT and Data Center Lock-In 4.4 Industry Value Chain Analysis 4.5 Regulatory Landscape 4.6 Technological Outlook 4.7 Impact of Macroeconomic Factors on The Market 4.8 Porter's Five Forces Analysis 4.8.1 Intensity of Competitive Rivalry 4.8.2 Bargaining Power of Suppliers 4.8.3 Bargaining Power of Buyers 4.8.4 Threat of New Entrants 4.8.5 Threat of Substitutes 5 MARKET SIZE AND GROWTH FORECASTS (VALUE) 5.1 By Offering 5.1.1 Software 5.1.2 Services 5.2 By Deployment 5.2.1 Cloud-Based 5.2.2 On-Premise 5.2.3 Hybrid 5.3 By Enterprise Size 5.3.1 Large Enterprises 5.3.2 Small and Medium Enterprises 5.4 By Solution Type 5.4.1 Carbon Management and Accounting Software 5.4.2 ESG Reporting and Compliance Software 5.4.3 Sustainability Data Management Platforms 5.4.4 Decarbonization Planning Software 5.4.5 Energy and Resource Optimization Software 5.5 By End User 5.5.1 IT and Telecom 5.5.2 BFSI 5.5.3 Manufacturing 5.5.4 Energy and Utilities 5.5.5 Retail and E-Commerce 5.5.6 Government 5.5.7 Healthcare 5.5.8 Construction and Infrastructure 5.5.9 Other End-User Industries 6 COMPETITIVE LANDSCAPE 6.1 Market Concentration 6.2 Strategic Moves 6.3 Market Share Analysis 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments) 6.4.1 Microsoft Corporation 6.4.2 IBM Corporation 6.4.3 SAP SE 6.4.4 Schneider Electric SE 6.4.5 Accenture plc 6.4.6 Salesforce, Inc. 6.4.7 Workiva Inc. 6.4.8 Cority Software Inc. 6.4.9 Enablon (Schneider Electric subsidiary) 6.4.10 Persefoni Inc. 6.4.11 Greenly SAS 6.4.12 Plan A Earth GmbH 6.4.13 EcoVadis SAS 6.4.14 Diligent Corporation 6.4.15 Benchmark Digital Partners LLC 6.4.16 FigBytes Inc. 6.4.17 Carbmee GmbH 6.4.18 Siemens AG 6.4.19 Honeywell International Inc. 6.4.20 Johnson Controls International plc 6.4.21 Wolters Kluwer N.V. 6.4.22 Dakota Software Corporation 6.4.23 ServiceNow 6.4.24 Normative 6.4.25 Sphera 6.4.26 Watershed 7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK 7.1 White-Space and Unmet-Need Assessment For more information about this report visit <a href="https://www.researchandmarkets.com/reports/6254440/canada-green-it-software-market-share?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=qmvbgk&amp;utm_campaign=2347871+-+Canada+Green+IT+Software+Market+2026-2031+-+Growth+Driven+by+Corporate+Sustainability+and+Carbon+Reduction+Initiatives&amp;utm_exec=clshmsai" rel="nofollow" target="_blank" title="">https://www.researchandmarkets.com/r/tcy3jg</a> About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. 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Canada Green IT Software Market 2026-2031 - Growth Driven by Corporate Sustainability and Carbon Reduction Initiatives

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