News in the spotlight: Novisto launches integrated on-demand Materiality Tool
Novisto has launched Novisto Materiality, an on-demand double materiality assessment tool embedded directly in its core sustainability platform. The solution digitizes the full materiality workflow, replacing static, consultant-led reports with a continuous, auditable process that can be rerun as business needs change.
Regulations, Law and Frameworks
EBA sees stable climate risk and better ESG data in banks
The European Banking Authority’s latest ESG risk dashboard shows that EU/EEA banks’ climate-related risk exposures remained broadly stable in the second half of 2025, while the quality and availability of climate data improved. The share of banks’ exposures to sectors that highly contribute to climate change stayed at around 62% between June and December 2025, with only limited changes across jurisdictions. The distribution of mortgage exposures across energy-efficiency categories also remained largely unchanged. The proportion of highly energy-efficient mortgage exposures (≤100 kWh/m²) rose slightly, while the share of exposures without energy performance information and the use of estimated energy performance scores fell marginally, indicating better data on banks’ real estate portfolios. Exposures sensitive to physical climate risk were stable across most countries, but significant differences persist between jurisdictions, with average exposure shares ranging from below 10% to above 55%. The EBA attributes this variation to differences in geography, economic structure, sectoral composition and risk assessment methodologies.
ESG Data and Analytics
Novisto launches integrated on-demand Materiality Tool
Novisto has launched Novisto Materiality, an on-demand double materiality assessment tool embedded directly in its core sustainability platform. The solution digitizes the full materiality workflow, replacing static, consultant-led reports with a continuous, auditable process that can be rerun as business needs change. Powered by GIST Impact’s methodology, the tool uses standardized, evidence-based scoring to generate impact and financial materiality scores for each topic and IRO. It includes guided data capture, stakeholder surveys, decision documentation and an audit trail designed to support CSRD, ISSB and GRI reporting within a single system. By integrating materiality into the platform, Novisto aims to strengthen data lineage and streamline the path from assessment to disclosure. Companies can run assessments on demand, for example when evaluating acquisitions or updating risk profiles, and link material topics directly to disclosure requirements and data collection plans.
Net Zero Commitments
First Amazon Reforestation Carbon Credits delivered by Mombak
Brazilian reforestation startup Mombak has delivered its first Amazon carbon removal credits more than two years ahead of schedule, a milestone that could help build confidence in a market long plagued by concerns over project quality and delayed deliveries. The company said the credits were delivered to buyers including Google, McKinsey and McLaren Racing, all of which had expected to receive them in 2028. Bain & Company, Climeworks, Commons and Union Square Ventures also received credits from the initial issuance. Mombak restores degraded farmland and pasture in Brazil’s Amazon rainforest by planting native tree species, generating credits from the carbon dioxide captured by the forests, which can be sold to companies seeking to offset emissions. The startup has planted nearly 15 million trees across 12 farms in the Amazon, and this first issuance amounts to more than 21,000 metric tons of carbon dioxide removed from the atmosphere. Mombak expects a larger issuance of an additional 55,000 credits in late 2026.
Leadership Announcements
Bain names Matteo Capellini Global Head of Sustainability Value Creation
Bain & Company has appointed Matteo Capellini as Global Head of its Sustainability Value Creation Solution, the firm’s practice focused on integrating sustainability strategies into core business strategy to turn ESG commitments into measurable value. The appointment comes as Bain says sustainability is returning to the top of corporate agendas amid rapidly evolving expectations and regulation. Capellini, a Bain partner since 2018, most recently led the firm’s sustainability practice in Italy and served as the global connector between Bain’s sustainability and retail teams. He initially joined Bain in 2008, left in 2013 to work as Global Product Marketing Director at Moleskine, and returned in 2018. His remit will cover Scope 3 decarbonization, circular economy models and sustainability-led product development across sectors including fashion and luxury, beauty, retail and consumer products. Bain describes the role as a response to client demand for ESG programs that deliver financial and operational results, not just compliance or reputational benefits.