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Core Features
Novisto is designed to relieve the administrative burden of ESG management while enabling confident, investor-grade reporting. It provides a unified system that blends data governance, analytics, and disclosure in one platform.
Its major features include:
Data Collection & Integration: Automates ingestion of ESG data via APIs, bulk imports, and workflows, reducing dependence on spreadsheets.
Audit Trail & Governance: Maintains version control, approval workflows, and full auditability to ensure data integrity and traceability.
Benchmarking & Peer Analysis: Enables comparison of ESG performance against peers and identification of gaps or best practices.
Reporting & Disclosure Automation: Generates reports aligned to frameworks (e.g., GRI, SASB, TCFD) and handles investor questionnaires and disclosures.
Carbon & Emissions Management: Captures, tracks, and analyzes emissions data as part of the environmental component of ESG.
Materiality & Risk Assessment: Supports double materiality analyses and ESG risk identification, aligning social/environmental impacts with financial relevance.
Closing Insights
Novisto is already in use by major organizations across industries that require robust ESG reporting and data governance. For example, it is reported to be used by Sanofi to support some of its first CSRD-aligned disclosures, and by The Emirates Group in its sustainability practice. Recent news highlights that in 2025, Novisto raised USD 27 million in a Series C funding round, aiming to expand its footprint in Europe and further develop its platform.
Novisto was founded in 2019 in Canada and has rapidly scaled, attracting clients across sectors including pharmaceutical, aviation, and financial services. Their solution is marketed as allowing companies to “collect, manage, approve, disclose, and defend” ESG data in a resilient, audit-ready system.
The investment will help Novisto enhance its feature set and deepen its regulatory coverage, particularly for European compliance (e.g., CSRD) and evolving global ESG frameworks. Because of its modular architecture and automation, Novisto is positioned not just as a reporting tool but as a sustainability system of record, shifting ESG from isolated reporting to governance, verification, and decision support.