{"id":14984,"date":"2024-01-18T15:22:42","date_gmt":"2024-01-18T15:22:42","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14984"},"modified":"2024-01-18T15:22:44","modified_gmt":"2024-01-18T15:22:44","slug":"novata-launches-carbon-data-management-and-reporting-solution-for-private-markets","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/","title":{"rendered":"Novata Launches Carbon Data Management and Reporting Solution for Private Markets"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-14984\" data-postid=\"14984\" class=\"themify_builder_content themify_builder_content-14984 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>Private markets ESG-focused data solutions provider Novata announced today the launch of a new solution, Novata Carbon Navigator, aimed at enabling users to track, measure and report carbon data.<\/p>\n\n\n\n<p>According to Novata, the new solution was developed to address organizations\u2019 needs to monitor and reduce their carbon footprint and meet disclosure requirements, as businesses face increasing transparency and sustainability demands.<\/p>\n\n\n\n<p>Mark Fischel, Carbon Product Lead at Novata said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThe Novata Carbon Navigator will radically improve the carbon experience for investors and their portfolio companies. Our clients have expressed the need for a simplified carbon solution and the Carbon Navigator, which is both fast and easy to use, meets this demand.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>Key features of the new solution include quick calculation of Scope 1, 2 and 3 emissions in Novata\u2019s ESG platform, simplified tracking of company emissions activities such as energy use and facilities, calculation of emissions from the supply chain by uploading expenses and categorizing vendors, and a shareable audit trail for emissions reporting and meeting regulatory requirements.<\/p>\n\n\n\n<p>Novata is a public benefit corporation founded in 2021 by a consortium including S&amp;P Global, the Ford Foundation, asset management firm Hamilton Lane, and social change-focused investment firm Omidyar Network, and supported and advised by several leading private equity firms and pension funds, to provide private markets investors with a solution for ESG measurement, data collection and benchmarking, and enable reporting on ESG data.<\/p>\n\n\n\n<p>Lauren Peat, Chief Revenue Officer at Novata, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWith the Novata Carbon Navigator and our expert ESG Services team, we are now the one-stop solution for data collection and management so our clients can make progress on their sustainability goals.\u201d<\/p>\n<\/blockquote><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Private markets ESG-focused data solutions provider Novata announced today the launch of a new solution, Novata Carbon Navigator, aimed at enabling users to track, measure and report carbon data. According to Novata, the new solution was developed to address organizations\u2019 needs to monitor and reduce their carbon footprint and meet disclosure requirements, as businesses face [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":14985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[37,38],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Novata Launches Carbon Data Management and Reporting Solution for Private Markets - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Novata Launches Carbon Data Management and Reporting Solution for Private Markets - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Private markets ESG-focused data solutions provider Novata announced today the launch of a new solution, Novata Carbon Navigator, aimed at enabling users to track, measure and report carbon data. According to Novata, the new solution was developed to address organizations\u2019 needs to monitor and reduce their carbon footprint and meet disclosure requirements, as businesses face [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-18T15:22:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-18T15:22:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2024\/01\/Novata-carbon-navigator.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1396\" \/>\n\t<meta property=\"og:image:height\" content=\"807\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Susan Lahey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Susan Lahey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/\"},\"author\":{\"name\":\"Susan Lahey\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826\"},\"headline\":\"Novata Launches Carbon Data Management and Reporting Solution for Private Markets\",\"datePublished\":\"2024-01-18T15:22:42+00:00\",\"dateModified\":\"2024-01-18T15:22:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/\"},\"wordCount\":281,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"ESG Reporting\",\"ESG Tools, Services\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/\",\"url\":\"https:\/\/www.esgtoday.com\/novata-launches-carbon-data-management-and-reporting-solution-for-private-markets\/\",\"name\":\"Novata Launches Carbon Data Management and Reporting Solution for Private Markets - 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