New York, NY, June 26, 2024 — Diligent, a leading GRC SaaS company, today announced it has been recognized with Frost & Sullivan’s 2024 Company of the Year Award for Global ESG Platforms. The accolade underscores Diligent’s outstanding vision, innovation and customer impact, and recognizes the Diligent One Platform for its unique ability to help organizations manage ESG performance within a unified governance, risk and compliance (GRC) platform, and surface insights to leadership and the board in an easy-to-comprehend format.
Diligent was also named a Leader in Frost Radar™ for ESG Climate Risk Platforms and Reporting, 2024 in recognition of its growth and innovation. From a group of more than 50 global industry companies, Diligent is recognized as one of the top two market leaders.
The Company of the Year evaluation identifies Diligent’s unified GRC platform as underpinning its sustained success, stating “where some companies have under-estimated the importance of GRC practices (leading to significant negative financial impact and jeopardizing brand reputation), Diligent stands tall in delivering a unique value proposition of enhancing GRC together with ESG processes and programs for organizations in a cost-effective manner.”
Key themes of the recognition include:
“We’re thrilled to be recognized with this award, which is a testament to our team’s work in setting a new standard for governance,” said Adam Bailey, SVP and Global Head of Product at Diligent. “In today’s complex business landscape, a siloed approach to ESG management doesn’t work. The Diligent One Platform eliminates barriers between sustainability, audit, risk, compliance, and governance teams and surfaces contextualized insights to the board, so they can make data-driven decisions about ESG and other risks without departmental blinders on.”
Fredrick Royan, Global Practice Area Leader of the sustainability and circular economy sector at Frost & Sullivan added, “Direct access to ESG information by the board and executive team is a crucial unmet need in the industry. ESG issues have become core not only for compliance and reporting, but for risk mitigation and business growth. The transformative vision of the Diligent One Platform with respect to ESG is to unite the teams and workflows involved in collecting data, tracking ESG risks, reporting with audit confidence and ensuring compliance — all with visibility by executive teams and boards for unparalleled oversight. Diligent is well deserving of this award.”
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a strong and comprehensive vision, high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.
View the full report here.
About Diligent Diligent is the leading GRC SaaS company, empowering more than 1 million users and 700,000 board members and leaders to make better decisions, faster. The Diligent One Platform helps organizations connect their entire GRC practice — including governance, risk, compliance, audit and ESG — to bring clarity to complex risk, stay ahead of regulatory changes and deliver impactful insights, in one consolidated view. Learn more at diligent.com.
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Media Contact Julia Stoyanov Communications Director, Diligent +1 (604) 669-4225 Jhanbury@diligent.com