Novata
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Novata's score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novata's reported carbon emissions
In 2023, Novata reported carbon emissions totalling approximately 607,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 605,000 kg CO2e. Scope 2 emissions were recorded at approximately 2,000 kg CO2e. Notably, there is no available data on Scope 1 emissions. Currently, Novata has not established specific reduction targets or initiatives, nor have they committed to any climate pledges. This lack of defined goals highlights an opportunity for the organisation to enhance its climate strategy and align with industry standards for carbon reduction. As a company headquartered in the US, Novata's emissions profile reflects the broader challenges faced by organisations in managing their carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions for many businesses.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 2,000 |
| Scope 3 | 605,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
