Novisto is a platform that automates the collection and analysis of environmental, social, and governance (ESG) data, enabling organizations to efficiently manage compliance and reporting processes. By centralizing ESG data, it enhances transparency in sustainability efforts, fostering improved stakeholder trust and informed decision-making.
Funding
$36.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations struggle with the complexities of collecting, managing, and reporting environmental, social, and governance (ESG) data, leading to inefficiencies and potential inaccuracies in their sustainability efforts. This can hinder transparency, reduce stakeholder trust, and impede informed decision-making.
Solution
Novisto offers a sustainability management platform that streamlines the entire ESG data lifecycle, from collection to reporting. The platform centralizes ESG data, automates workflows, and provides tools for tracking progress against custom metrics. By leveraging curated metrics, approval workflows, and embedded audit trails, Novisto helps organizations improve the quality and reliability of their ESG data, enhancing confidence among boards, CFOs, and investors. The platform also incorporates AI-powered insights to improve disclosures and sustainability performance, enabling benchmarking against peers and target setting.
Target Audience
Novisto targets global enterprises across various industries that are seeking to improve their ESG data management, reporting, and overall sustainability performance.
Features
- Centralized data repository for all ESG-related information
- Automated data collection and validation workflows
- Customizable metrics and KPIs for tracking sustainability performance
- Reporting tools for generating disclosures aligned with various frameworks (e.g., CSRD)
- AI-powered insights for benchmarking and target setting
- Embedded audit trails for data transparency and accountability
- Role-based access control to ensure data security