Broadridge Financial Solutions and sustainability software provider Novisto have announced a partnership to introduce new sustainability data management and reporting solutions for businesses.
This collaboration responds to the growing complexity of global regulations and the increasing demand for consistent sustainability reporting standards.
Ryan Wade, General Manager, Broadridge Corporate Issuer, stated:
“With continued focus from investors and regulators globally on sustainable business models, it’s imperative that companies implement effective means to capture, analyse, and report on material sustainability data. Broadridge’s collaboration with Novisto empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards.”
The new platform will provide comprehensive solutions for sustainability data management, peer benchmarking, and strategic consulting, aimed at streamlining the collection, analysis, auditing, and reporting of sustainability data.
This partnership follows Novisto’s $27 million financing round announced in May, intended to enhance its sustainability software and expand its global footprint, recognising a significant market opportunity to simplify sustainability reporting.
Charles Assaf, CEO of Novisto, commented:
“We are thrilled to collaborate with Broadridge, a company celebrated for its expertise and steadfast commitment to delivering high-quality corporate issuer solutions. Novisto’s technological prowess in the sustainability reporting space, combined with Broadridge’s trusted expertise and transformative data and technology, sets a powerful precedent for streamlining corporate reporting processes.”
