Independent analyst reports are one of the most rigorous benchmarks in enterprise software—they evaluate real product capabilities, customer feedback, and market strategy. Over the past four years, Watershed has been named a leader seven times.
Here's what each report looked at, and what each one found.
Since 2022, leading independent research firms Verdantix and Forrester have assessed Watershed across distinct areas of sustainability:
- End-to-end sustainability management
- Supply chain and product carbon footprints (PCFs)
- Carbon management
- ESG reporting
In every assessment, Watershed emerged as a market leader, underscoring our position at the forefront of the industry and highlighting the scale of climate impact our customers are achieving.
September 2026: Sustainability management
The Forrester Wave™: Sustainability Management Software
Forrester evaluated the top eight providers in this space. Watershed is a Leader, with the highest score possible in nine criteria:
- Data collection and native integrations
- Data quality and standardization
- User experience and cross-functional dashboards
- ROI calculation
- Product lifecycle assessment
- Reporting
- Vision
- Roadmap
- Supporting services and offerings
What Forrester says about Watershed:
- On product carbon footprints: Watershed’s “product lifecycle assessment capabilities provide a near-digital-twin experience and BOM-level analysis, enabling supplier and material comparisons, hotspot identification, and scenario modeling for procurement and design decisions.”
- On support: “The advisory team offers services that seamlessly extend customers’ expertise and team execution.”
- On customer feedback: “Customers praise Watershed’s ease of use, data lineage, auditability, automated reporting, climate expertise, partnership quality, and rapid product evolution.”
Watershed is best suited to large enterprises seeking an integrated partner for carbon footprint calculation, decarbonization, product footprint, and regulatory reporting with strong advisory support and a fast-moving product.
The Forrester Wave™: Sustainability Management Software (2026)
September 2026: Supply chain and PCFs
Verdantix Smart Innovators: Supply Chain & Product Carbon Management (2026)
Watershed scored market-leading or strong in all eight areas assessed, with market-leading scores in:
- Supply chain emissions calculation engine
- PCF calculation and methodology
- Hotspot identification and scenario modeling
Watershed stood out for the depth of its product carbon footprinting methodology, supported by AI-generated production graphs and portfolio-scale scenario modelling to help firms integrate product-level carbon data into broader Scope 3 management and emissions reduction initiatives.
Alessandra Leggieri, Senior Analyst, Climate & Energy, Verdantix
March 2026: Carbon management
Verdantix Green Quadrant: Enterprise Carbon Management Software (2026)
Watershed was named a leader, with market-leading scores across:
- Data acquisition and quality control
- Carbon calculation methodologies
- Net-zero strategy support
The 2026 Green Quadrant highlights those vendors best positioned to help firms collect, manage and analyse carbon data across all scopes, with a particular focus on improving visibility into value chain emissions.
Alessandra Leggieri, Senior Analyst, Climate & Energy, Verdantix
June 2025: ESG reporting
Verdantix Green Quadrant: ESG & Sustainability Reporting Software (2025)
Watershed was named a leader, with market-leading scores in:
- Data quality control and enhancement
- Regulated and mandated frameworks
- Benchmarking
Watershed offers a mature platform for organizations managing complex sustainability initiatives across large supply chains. The system combines project management, supplier engagement tools and emissions tracking into a single interface…this makes Watershed well-suited for organizations seeking to scale sustainability initiatives, track supply chain progress and refine emission estimates with granular, auditable data.
Verdantix Green Quadrant: ESG & Sustainability Reporting Software (2025)
April 2024: Sustainability management
The Forrester Wave™: Sustainability Management Software, Q2 2024
Forrester evaluated 13 providers against 24 criteria. Watershed was named a leader, with the highest possible score in eight criteria, including:
- Sustainability intelligence and dashboards
- ESG strategy
- ROI calculation
- Reporting
- ESG supplier management
A key differentiator for Watershed is benchmarking capabilities in its dashboards, including both qualitative and quantitative data, where clients can choose industry peers to compare themselves against...Watershed is a good solution for companies prioritizing supply chain decarbonization and benchmarking.
The Forrester Wave™: Sustainability Management Software (2024)
November 2023: Carbon management
Verdantix Green Quadrant: Enterprise Carbon Management Software (2023)
Verdantix compared 19 enterprise carbon management software vendors across 12 capability and six market momentum categories. Watershed was named a leader, and a top scorer in:
- Data aggregation and scope 3 capabilities
- Financed emissions management
- Abatement best practices library
Watershed was a top scorer for data aggregation – Scope 3 capabilities, particularly excelling with its financed emissions management offering…the provider scored highly for its abatement best practices library, offering a built-in knowledge hub with content for clients, their employees and their suppliers at a range of expertise levels.
Verdantix Green Quadrant: Enterprise Carbon Management Software (2023)
February 2022: Sustainability management
The Forrester Wave™: Sustainability Management Software
Forrester compared 14 sustainability management software vendors across 10 criteria spanning current offering and strategy. Watershed was named a leader, and received a differentiated rating in:
- Carbon calculation
- Climate action strategy
- Intelligence dashboards
- Product vision
Watershed provides strong carbon assessment functionality, climate action strategy features, and visualization capabilities. It makes it easy to see where a company’s GHG emissions come from...any industry with complicated supply chains would benefit from this solution’s ability to drill down into scope 3 emissions and plan out reduction initiatives.
The Forrester Wave™: Sustainability Management Software (2022)
This independent recognition affirms the progress we’ve made and the momentum we’re building. We’re proud to set the standard in the sustainability space alongside our customers who are driving meaningful change, and we’re excited to continue raising the bar.
Learn more about how Watershed compares.
