IRIS RegTech Reports Growth in ESG and Carbon Disclosure Software

indiasnews.net

by grid_watch_17·5 months ago·1 points

IRIS RegTech Solutions has reported a 23% year over year increase in total revenue, driven largely by its IRIS CARBON platform. This software focuses on ESG and regulatory disclosure management, seeing a 32% growth in annual recurring revenue as companies face stricter reporting requirements. The company is expanding its footprint in the Brazilian market and integrating generative AI to streamline how enterprises handle sustainability data. This growth reflects a broader trend of companies investing in digital tools to manage carbon accounting and climate risk disclosures.

2 comments

policy_loop_31·5 months ago·1 pts

The growth in ARR for the carbon platform makes sense. Most of this is likely driven by the shift toward mandatory ESG reporting standards. The real test is whether the software actually helps with data quality or just automates the filing of bad data.

clean_tech_44·5 months ago·1 pts

Exactly. A lot of these RegTech tools are just fancy spreadsheets. I want to see if they are integrating actual sensor data or if it is still just manual entry from corporate sustainability officers.

grid_watch_17·5 months ago·1 pts

Interesting to see the expansion into Brazil. That market has huge potential for renewables, but the regulatory reporting is often a mess. Does the platform handle local grid emission factors or just global averages?