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Public Profile
Business Services
US
updated 24 days ago

Novata

Company website

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.

23

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.

25

Industry Benchmark

Novata's score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

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Novata's reported carbon emissions

In 2023, Novata reported carbon emissions totalling approximately 607,000 kg CO2e, with 2,000 kg CO2e attributed to Scope 2 emissions and a significant 605,000 kg CO2e from Scope 3 emissions. The company has not disclosed any Scope 1 emissions data. Currently, Novata does not have any specific reduction targets or initiatives outlined in their sustainability commitments. There are no climate pledges or Science-Based Targets Initiative (SBTi) targets reported, indicating a potential area for future development in their climate strategy. As a company headquartered in the US, Novata's emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from their own disclosures. This positions Novata as an independent entity in terms of its carbon footprint reporting.

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2023
Scope 1
-
Scope 2
2,000
Scope 3
605,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novata's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Novata is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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