The Future of Corporate Sustainability Management with Novisto
May 25, 2021
Helping Companies Take Control of Their ESG Narrative
As ESG management becomes more central to corporate reporting, and ultimately, to corporate strategy, Novisto is using technology to help corporations draw a direct line between their ESG performance and economic value creation for the first time. With 90% of S&P 500 companies disclosing ESG-specific metrics in 2019, and even more anticipated to do so in the coming years, Novisto is well-positioned to help ensure that ESG data is treated with the same rigor as financial reporting.
Novisto enables companies to automate the collection and consolidation of their ESG data, while improving their reporting, and providing insights to help corporate leaders make better, value-driven decisions that can be incorporated into their strategies.
Within just one year, Novisto is an official data licensee of the Sustainability Accounting Standards Board (SASB) and a CDP Accredited Solutions Provider. It counts several publicly-listed, global companies including CAE and TMX Group among its growing customer base. Most recently, JetBlue signed on to work with Novisto to help them organize and measure against ambitious sustainability targets, including achieving net-zero carbon emissions for our operations by 2040.
“Throughout my career, I’ve been sensitive to the link between opportunity and responsibility,” said Charles Assaf, CEO, and Co-founder of Novisto. “I’m passionate about how technology can support and accelerate the adoption of corporate sustainability best practices at scale and I want to be part of a world where ESG factors are embedded in every function of the enterprise.”
With this new funding, Novisto is doubling down on product innovation to harness the full potential of their technology. The company will also triple the size of its engineering team (learn more here), and plan to expand beyond North America, and into Europe.
Congratulations to Novisto on your exciting milestone, we look forward to this next phase in your journey to become the world’s leading software solution for ESG.