Novata is a public benefit corporation created to enable the private markets to achieve a more sustainable and inclusive form of capitalism. Novata helps private equity firms and private companies to more easily navigate the complex ESG landscape by providing a technology platform that simplifies the process of selecting reporting metrics, provides clear and simple guidance for painless data collection, hosts a cutting-edge secure contributory database to store data, and offers unique tools for analysis and seamless reporting to key stakeholders, including limited partners and regulators. Novata was formed as a partnership of the Ford Foundation, S&P Global, Hamilton Lane and Omidyar Network and is majority-controlled by mission-driven organizations and its employees.
Persefoni users can ingest carbon footprint data into Novata’s ESG reporting and KPIs which helps maintain visibility across portco’sersefoni users can ingest carbon footprint data into Novata’s ESG reporting and KPIs which helps maintain visibility across portfolio companies.
Whitepaper: Making Sense of Climate Disclosure
For more information, please visit https://www.novata.com/.
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Net zero is when greenhouse gas (GHG) emission removals balance out the amount of GHG emissions in the atmosphere.
It is an ambitious but necessary goal to reach if we want to avoid the most dire consequences of climate change. Failing to achieve net zero can result in rising sea levels that make areas uninhabitable, extreme weather that can have disastrous effects, and many other dangerous outcomes.