Table 7.

Summary of studies on how RegTech supports sustainability compliance and challenges with these solutions

RegTech for complianceRegTech rolesAcademic and gray literature addressing the issue
Compliance capabilitiesPreserve the integrity of the sustainability process, address risks and enhance sustainability practices, automate the process of compliance, reduce costs of compliance, enable knowledge sharing and decision makingIn total 51 studies: A1; A2; A3; A6; A7; A8; A9; A10; A11; A12; A13; A14; A15; A16; A17; A18; A19; A20; A21; A23; A24; A25; A27; A28; A29; G1; G3; G4; G5; G6; G7; G8; G9; G10; G12; G13; G14; G15; G16; G18; G19; G21; G22; G23; G24; G25; G26; G27; G28; G29; G30
IT-based solutions, green ISManage environmental compliance by enabling knowledge-sharingIn total six studies: A1; A2; A11; A12; A13; A14
ChallengesInitial implementation costs of RegTech and lack of maturityIn total seven studies: A4; A10; G8; G16; G27; G28; G29
Source(s): Authors’ own creation

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