Data and Technology

Novata launches new ESG Due Diligence solution

Novata has launched a new ESG Due Diligence solution to streamline investment workflows by centralizing the collection and analysis of sustainability data in one secure platform. The tool allows deal teams to request, review, and contextualize data pre-investment, and seamlessly integrate it into post-deal monitoring. 

Key features include

  • real-time data comparison,
  • collaborative workflows, and
  • automated scoring, which helps assess potential risks and opportunities

Novata´s Due Diligence solution simplifies the investment process, reduces costs, and connects diligence data to long-term value creation. Novata’s platform is designed to be intuitive and scalable, ensuring sustainability diligence is part of the investment lifecycle. Additionally, it is possible to leverage the support of Novata´s transformation experts.

Learn more about Novata here.

About Novata

Novata is a public benefit corporation and certified B Corporation dedicated to empowering private markets to achieve a more sustainable and inclusive form of capitalism. Founded in 2021 and headquartered in New York, Novata offers a comprehensive sustainability management platform tailored for private equity firms, private companies, and investors navigating the complexities of environmental, social, and governance (ESG) data collection and reporting

The platform provides a suite of tools designed to streamline ESG data collection, project management, analytics, and reporting. Users can access a vast library of over 1,100 ESG metrics aligned with global standards, facilitating accurate data collection and benchmarking. Novata’s Carbon Navigator simplifies the calculation of greenhouse gas emissions across Scopes 1, 2, and 3, aiding companies in meeting climate targets and regulatory requirements. Additionally, the platform supports compliance with regulations such as the Corporate Sustainability Reporting Directive (CSRD), Sustainable Finance Disclosure Regulation (SFDR), and EU Taxonomy