Latest news with #Novata
Yahoo
23-04-2025
- Business
- Yahoo
Novata Launches Tech-Enabled ESG Due Diligence Solution to Streamline Investment Workflows
Solution connects diligence data to post-deal value creation, eliminating inefficiencies and aligning with deal team priorities NEW YORK, April 23, 2025--(BUSINESS WIRE)--Novata, the private markets' leading sustainability management partner, today announced the launch of its new ESG Due Diligence solution to enable deal professionals to request, review, and contextualize sustainability data, pre-investment, in a single, secure environment, and seamlessly connect it to post-deal monitoring. Novata's new solution minimizes the burden on deal teams by centralizing the diligence workflow: requesting, reviewing, and analyzing data, in one secure location. Users can quickly assess potential risks and opportunities, then automatically share the sustainability data collected during diligence to their portfolio monitoring environment on Novata - creating a clear line of sight from diligence through exit. Key features of Novata's Due Diligence solution include: Self-serve setup and secure access management across deal teams and targets. Real-time comparison of diligence data to portfolio and market benchmarks. Collaborative workflows for metric-level data review and targeted follow-up. Digitized scoring that generates concise, actionable outputs. Full integration with Novata's monitoring platform to track performance over time. "While assessing sustainability factors has become a standard part of the investment process, traditional diligence workflows have historically been resource-intensive, disconnected from holding-period value creation, and lacking actionable outputs," said Jessie Martin, Global Head of Advisory at Novata. "Novata's new offering delivers a pragmatic and cost-effective alternative that investment teams can adopt without burden or disruption." By combining intuitive technology with optional Advisory services, Novata's solution significantly reduces costs and connects diligence data to measurable financial outcomes across the holding period. "We designed the platform to meet deal teams where they are," said Patrick Crowley, Head of Product, Investors at Novata. "With an intuitive setup to automated insights, It's a smarter, scalable approach that makes sustainability diligence a natural part of the investment lifecycle." Novata is on a mission to empower private markets to achieve a more sustainable and inclusive form of capitalism. To learn more about Novata, visit the website and follow Novata on LinkedIn to keep up with the company's latest news and insights. About Novata Novata is the private markets' sustainability management partner. We empower hundreds of investment firms and approximately 10,000 companies to achieve their sustainability goals with our trusted data management platform and advisory practice—because it's good for business and it's good for the planet. Learn more at View source version on Contacts Katie Stueberpress@
Yahoo
12-04-2025
- Business
- Yahoo
New partnership makes investment opportunities simpler and more accessible: 'Growing complexities ... require both technology and human expertise'
Financial company JTC has announced its partnership with Novata, a sustainability technology company. A new collaboration between JTC and Novata is a positive step toward more sustainable investment, with the partnership aiming to "support asset managers and investors with their sustainability goals," according to International Adviser. With the aim of helping companies achieve their sustainability goals, Novata can "automate data collection and reporting, streamline carbon accounting, and simplify regulations," the press release explained. Novata is a B-Corp certified public benefit corporation, so it is hopeful to see a multimillion-dollar fund administration service like JTC partner with them in this way. JTC previously appointed David Vieira as the Group Head of Sustainability in 2023, offering a Sustainability Services business to investors who want to have a positive impact on the environment. Many corporations have been called out for claiming to be more eco-friendly than they are. When it comes to sustainability, more transparency within the financial sector can only be a good thing to prevent greenwashing. Luckily, organizations and individuals are taking a stand against greenwashing to tell corporations that their misleading tactics are deeply problematic. The collaboration between a major financial company and a leading sustainability technology company will hopefully set a precedent for other financial organizations to genuinely make eco-friendly investments more accessible for their clients. The world is moving toward a cleaner economy, and it has never been a better time for corporations to shift their investments away from planet-harming projects to opportunities like clean energy and sustainability-focused businesses. It is vital that high-income individuals take accountability for their carbon footprint and work to be more sustainable. After all, a billionaire produces a million times more carbon pollution than the average person. Beyond this, the wealthiest 10% of Americans are responsible for 40% of the country's pollution. Novata's head of partnerships, Conor O'Laoire, said: "The growing complexities of sustainability regulation and reporting require both technology and human expertise, which is why I'm happy to be announcing our partnership with JTC." Do you think billionaires spend their money wisely? Definitely No way Some do Most do Click your choice to see results and speak your mind. He added that Novata will "offer market-leading solutions that encompass both sustainability technology and advisory services to JTC's clients around the world." Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
