ERM and Novata join forces to boost ESG performance for private companies

ERM and Novata join forces to boost ESG performance for private companies

ERM, the world’s largest pure play sustainability consultancy, has announced a strategic partnership with Novata, the leading ESG data management platform empowering private companies to collect, analyze, benchmark, and report relevant ESG information.

Novata, a public benefit corporation, was founded by the Ford Foundation, Hamilton Lane, Microsoft, S&P Global, Omidyar Network, and more than a dozen private equity firms and pension funds with the mission to promote a more sustainable and inclusive form of capitalism.

The partnership aims to provide private companies and their owners with actionable insights required to enhance ESG decision-making, reporting, and deliver on their sustainability commitments. ERM’s sustainability services, which include strategic transformation and technical delivery capabilities, will complement Novata’s data management and analytics platform.

ERM is a global sustainability consultancy that helps organizations address environmental, health, safety, risk, and social issues by partnering with leading organizations to create innovative solutions to sustainability challenges. These solutions unlock commercial opportunities that meet the needs of today while preserving opportunities for future generations. ERM’s diverse team of over 7,500 experts in more than 170 offices across 39 countries supports clients across their organizations to operationalize sustainability.

Novata is a leading ESG data management platform that helps private companies collect, analyze, benchmark, and report relevant ESG information. The company was founded as a public benefit corporation with the goal of promoting a more sustainable and inclusive form of capitalism.

Through this partnership, ERM CVS, an independent assurance and certification provider within the ERM Group, and Novata will enable companies to gather and analyze the ESG data required to achieve independent assurance of their ESG performance. This collaboration will help them satisfy growing stakeholder demands for ESG transparency, meet increasing regulatory requirements, and unlock commercial opportunities.

ERM Global Lead for M&A Advisory Services Andrew Radcliff said, “Effective ESG data management and analysis is more critical than ever for private market companies and investors, as they focus on driving value creation through sustainability performance.”

Novata Co-Chair of the ESG Advisory Committee and Senior Program Officer at the Ford Foundation Margot Brandenburg added, “Leveraging ERM CVS’ assurance expertise will provide Novata clients with confidence that their disclosures are accurate, reliable, and correctly aligned with the protocols and standards against which they are reported.”

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