Novata, a leading technology firm headquartered in the United States, specialises in providing innovative solutions for private equity and venture capital firms. Founded in 2021, Novata has quickly established itself as a key player in the financial technology sector, focusing on data management and reporting services that enhance transparency and efficiency in investment processes. With a commitment to empowering investors, Novata offers a unique platform that streamlines the collection and analysis of ESG (Environmental, Social, and Governance) data. This positions the company at the forefront of the growing demand for responsible investing practices. Notable achievements include partnerships with prominent industry players, solidifying its market position as a trusted resource for investment firms seeking to navigate the complexities of modern finance.
How does Novata's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Novata's score of 6 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Novata reported total carbon emissions of approximately 3,212,000 kg CO2e. This figure includes 2,605,000 kg CO2e from Scope 2 emissions, which primarily arise from purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions accounted for about 607,000 kg CO2e, while Scope 1 emissions were recorded at zero, indicating no direct emissions from owned or controlled sources. Currently, Novata has not established specific reduction targets or initiatives, nor have they made any climate pledges. This lack of defined commitments may reflect a broader industry context where many organisations are still developing comprehensive strategies to address climate change. As the company moves forward, setting measurable reduction goals could enhance its sustainability profile and align with global climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | |
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Scope 1 | - |
Scope 2 | 2,605,000 |
Scope 3 | 607,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Novata is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.