About Novisto
Novisto is a sustainability software platform from Novisto Inc. that provides tailored ESG (Environmental, Social, and Governance) services. It combines ESG expertise, product overview, and partnerships so organizations can maintain accurate metrics and develop reliable strategies aligned with best practices. With features like request pricing and double materiality assessments, Novisto supports businesses in navigating the complexities of sustainable development. The platform allows users to use industry insights and align their goals with regulatory requirements. Key capabilities: ESG expertise product overview partnerships request pricing double materiality Best for: organizations that need comprehensive support for their ESG initiatives.
Novisto is a robust and sophisticated cloud-based platform for enterprise ESG management and reporting. Its strengths lie in its focus on finance-grade data quality, automation, and extensive support for global reporting frameworks, making it ideal for publicly traded companies or those facing significant regulatory scrutiny. By leveraging AI and providing tools for benchmarking and data management, Novisto empowers companies to move from simple reporting to a data-driven ESG strategy. While pricing is geared toward larger enterprises and the initial setup may be complex, Novisto offers a powerful, auditable, and efficient solution for managing ESG data and driving sustainability initiatives.
Pros & Cons
- +Creates a "single source of truth" for ESG data, with finance-grade data quality, approval workflows, and audit trails for transparency.
- +Automatically maps over 14,000 data points to support reporting for more than 25 ESG taxonomies, including GRI, SASB, CSRD, and CDP.
- +Automates ESG data collection, streamlines workflows, and generates reports, saving time and resources.
- +Leverages AI and ESG expertise to provide insights, benchmarking against peers, and assist with disclosures.
- +Helps companies move beyond simple reporting to full ESG planning, strategy, and execution.
- +Integrates with financial systems, third-party platforms like Tangelo, and office tools like Microsoft Office.
- −Pricing reportedly starts at CA$40,000/year, making it potentially prohibitive for smaller businesses.
- −Specialized for ESG management and reporting, not a general ERP solution for broader business processes.
- −Some users have found the initial setup, configuration, and data structure to be complex or time-consuming.
- −While offering some analytics, it is primarily a reporting tool, and some advanced data integration or deep analysis may require other tools.
Features
Key features
- Finance-Grade ESG Data
- Ensures high-quality, auditable ESG data through curated metrics, approval workflows, and embedded audit trails.
- AI-Powered Benchmarking and Insights
- Uses AI and ESG expertise to benchmark performance against peers and generate insights for better decision-making.
- CSRD Solution
- Simplifies and streamlines double materiality assessments, with audit-ready outputs to meet EU regulations.
- Carbon Management
- Facilitates the measurement, management, and reporting of carbon emissions with decision-grade analytics.
- Automated Data Collection
- Automates data intake through various methods, including intake workflows, document imports, and APIs.
- Enterprise ESG Reporting
- Streamlines the creation and submission of ESG disclosures, with live data embedding in reports and collaboration tools.
- ESG Data Governance
- Centralizes ESG data, workflows, and reporting in a secure place, ensuring data traceability and quality.
Additional features
- Audit Management
- Manages audit processes and trails.
- Benchmarking
- Compares performance against peers.
- Compliance Management
- Tracks compliance with ESG regulations and frameworks.
- Emissions Monitoring
- Monitors and manages carbon emissions.
- Energy Management
- Tracks and reports on energy consumption.
- Supplier Management
- Manages and tracks supplier ESG performance.
- Stakeholder Engagement
- Facilitates communication and engagement with stakeholders.
- Waste Management
- Tracks and reports on waste management.
- Workflow Automation
- Automates and streamlines ESG-related tasks and processes.
- Real-time Monitoring and Reporting
- Provides real-time data monitoring and reporting.
- AI/Machine Learning
- Leverages AI/ML for insights and automation.
- Incident Management
- Manages and tracks ESG-related incidents.
- Data Import/Export
- Imports and exports data from various sources.
- Document Management
- Manages ESG-related documents.
- Dashboard and Visualization
- Customizable dashboards for data visualization.
- Integration with Financial Systems
- Integrates with existing financial systems for streamlined processes.
- Integration with Office
- Includes an add-on for integrating with Microsoft Office.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Novisto
Novisto is a sustainability software platform from Novisto Inc. that provides tailored ESG (Environmental, Social, and Governance) services. It combines ESG expertise, product overview, and partnerships so organizations can maintain accurate metrics and develop reliable strategies aligned with best practices. With features like request pricing and double materiality assessments, Novisto supports businesses in navigating the complexities of sustainable development. The platform allows users to use industry insights and align their goals with regulatory requirements. Key capabilities: ESG expertise product overview partnerships request pricing double materiality Best for: organizations that need comprehensive support for their ESG initiatives.
Novisto Details
Novisto's In-App Market Place
Does Novisto have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥)
Pros & Cons
- Creates a "single source of truth" for ESG data, with finance-grade data quality, approval workflows, and audit trails for transparency.
- Automatically maps over 14,000 data points to support reporting for more than 25 ESG taxonomies, including GRI, SASB, CSRD, and CDP.
- Automates ESG data collection, streamlines workflows, and generates reports, saving time and resources.
- Leverages AI and ESG expertise to provide insights, benchmarking against peers, and assist with disclosures.
- Helps companies move beyond simple reporting to full ESG planning, strategy, and execution.
- Integrates with financial systems, third-party platforms like Tangelo, and office tools like Microsoft Office.
- Pricing reportedly starts at CA$40,000/year, making it potentially prohibitive for smaller businesses.
- Specialized for ESG management and reporting, not a general ERP solution for broader business processes.
- Some users have found the initial setup, configuration, and data structure to be complex or time-consuming.
- While offering some analytics, it is primarily a reporting tool, and some advanced data integration or deep analysis may require other tools.
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