S&P Global and Novata are intensifying their partnership to address the pressing need for integrated sustainability data management solutions amid increasing regulatory scrutiny and investor demand for transparency. This collaboration combines S&P Global Sustainable1’s sustainability intelligence with Novata’s data management and carbon accounting platform, enabling organizations to effectively measure and disclose Scope 1, 2, and 3 emissions. As companies grapple with compliance requirements from frameworks like the EU’s Corporate Sustainability Reporting Directive (CSRD) and California’s climate disclosure laws, the partnership aims to streamline the process of capturing audit-ready data while providing benchmarking capabilities against S&P Global’s Corporate Sustainability Assessment (CSA) framework. This strategic alignment is crucial for organizations seeking to navigate the complexities of the evolving ESG landscape.
The partnership not only enhances the accessibility of ESG measurement tools for private markets but also positions S&P Global and Novata as pivotal players in the sustainability data ecosystem. By integrating carbon calculations, compliance mechanisms, and performance benchmarking into a cohesive platform, they are addressing the critical infrastructure needs of corporate sustainability efforts. This collaboration reflects a broader trend where sustainability data is becoming integral to regulatory compliance and value creation, particularly as global frameworks like CSRD and ISSB gain traction. For executives and institutional investors, this partnership underscores the necessity of adopting integrated platforms that facilitate informed decision-making and drive resilience across asset classes in an increasingly sustainability-focused market.
