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FigBytes Named as a Sample Vendor in the Gartner® Hype CycleTM for Environmental Sustainability, 2023


FigBytes also named in the Hype Cycle for Legal and Compliance Technologies, 2023

OTTAWA, Ontario, Canada, August 22, 2023FigBytes, creators of the leading Sustainability Platform for impact-focused organizations, today announced that it has been named a Sample Vendor of ESG Management and Reporting Software in the Gartner Hype CycleTM for Environmental Sustainability, 20231.

In the report, Gartner says, “Enterprises are prioritizing transparency in response to stakeholder pressure — notably, regulators, investors and customers.” In the report, Gartner also states, “As such, executive leaders are looking toward systems that meet internal ESG program needs and external reporting requirements, and ensure verifiable, traceable data.”

“Organizations certainly do need better information to make decisions on how to shape their ESG and sustainability programs and to provide reliable data that stakeholders and reporting agencies can trust,” explains Ted Dhillon, CEO and co-founder, FigBytes. “Leading, global organizations turn to the FigBytes Sustainability platform to help make this a reality by streamlining sustainability data collection, visualizing and tracking their strategy and progress, automating reporting to frameworks, and engaging with stakeholders. We’re pleased to be included in the Hype Cycle for Environmental Sustainability.”

We believe, FigBytes Sustainability Platform ensures organizations can collect, centralize, and calculate all their ESG and sustainability data in one platform for real insights they can use, track, and share. Whether they’re tackling one sustainability challenge or many, the platform simplifies sustainability for organizations. With FigBytes, organizations are prepared for evolving regulations with a single, scalable platform so their technology investment grows with their program.

Hype Cycle for Legal and Compliance Technologies, 2023

In addition to this report, FigBytes has also been named a Sample Vendor of ESG Management and Reporting Software in the Gartner Hype Cycle for Legal and Compliance Technologies, 20232.

To learn more about FigBytes Sustainability Platform, visit

[1] Gartner, “Hype Cycle for Environmental Sustainability” Shanna Grafeld, Kristin Moyer, Simon Mingay, 3 August, 2023.

[2] Gartner, “Hype Cycle for Legal and Compliance Technologies” Lauren Kornutick, Ron Friedmann, Kerrie McDonald, 12 July, 2023.


GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About FigBytes

FigBytes empowers impact-focused organizations to make positive change for people and the planet. The FigBytes Sustainability Platform transforms complex environmental, social, and governance information into simple reporting and functional insights by capturing operational and supplier data in a central, secure, cloud-based platform that manages strategy, automates framework reporting, and simplifies stakeholder engagement, for climate, water, and beyond. To learn more, visit

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