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 six times.
Here's what each report looked at, and what each one found.
Since 2023, 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 the 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, Q3 2026
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, Q3 2026
Read the report
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
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
Read the report
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
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
Read the report
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
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
Read the report
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
Learn more
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
Verdantix comments: "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."
Learn more
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.
Talk to an expert
