Partnership integrates S&P Global Sustainable1’s sustainability intelligence with Novata’s data management and carbon accounting platform.
Joint solutions target Scope 1–3 emissions, global disclosure regimes (CSRD, ISSB, California Climate Law), and benchmarking against S&P Global’s Corporate Sustainability Assessment.
Collaboration strengthens private markets’ access to ESG measurement and reporting tools, backed by institutional investors and foundations.
S&P Global Sustainable1 and Novata are deepening their collaboration to deliver integrated sustainability data management solutions for corporates and investors navigating the fast-evolving ESG landscape.
Under the expanded arrangement, Novata will serve as the technology partner for S&P Global’s sustainability-focused business unit, combining its data platform with S&P Global’s sustainability intelligence and carbon analytics. The move builds on S&P Global’s early role in supporting Novata’s launch in 2021 alongside the Ford Foundation, Hamilton Lane, and Omidyar Network.
Addressing the ESG Data Challenge
The collaboration comes as companies face mounting pressure to measure, disclose, and act on sustainability metrics. Through the partnership, clients will be able to calculate Scope 1, 2, and 3 emissions using Novata’s Carbon Navigator tool in tandem with S&P Global Trucost data, covering both large suppliers and activity-based emission factors.
The platform also promises to ease compliance burdens by capturing audit-ready data aligned with multiple regulatory regimes, including the EU’s Corporate Sustainability Reporting Directive (CSRD), the International Sustainability Standards Board (ISSB) framework, and California’s new climate disclosure requirements.
In addition, organizations will be able to benchmark sustainability performance against S&P Global’s Corporate Sustainability Assessment (CSA) framework, a widely used tool in ESG performance measurement, using Novata’s reporting infrastructure.
Executive Perspectives
For S&P Global, the partnership extends its reach into practical data applications.
“S&P Global Sustainable1 is committed to providing essential sustainability intelligence that meets clients where they are,” said Leanne Todd, Head of Energy Transition, Sustainability & Services at S&P Global Commodity Insights. “The expansion of our collaboration with Novata will allow more organizations to access the tools that they need to manage risk, uncover opportunities and report with confidence.”
Novata, positioned as a sustainability management partner for private markets, sees the integration as critical to building resilience across asset classes.
“With S&P Global’s unmatched sustainability intelligence and our market-leading platform, we are equipping organizations of every size to act decisively on sustainability as a driver of resilience and value creation,” said Alex Friedman, CEO and Co-Founder of Novata.
Why It Matters for Executives and Investors
For C-suite leaders and institutional investors, the collaboration highlights how the ESG data ecosystem is converging around integrated platforms that connect sustainability intelligence with practical reporting tools. This alignment is increasingly necessary as regulators move to enforce stricter standards, and investors demand transparent, comparable data.
By targeting carbon calculations, regulatory compliance, and performance benchmarking, S&P Global and Novata are positioning themselves as critical infrastructure for the next stage of corporate sustainability. The partnership also underscores the growing role of private markets in shaping ESG disclosure practices—a space historically dominated by public companies.
Global Context
As global frameworks such as CSRD and ISSB become mandatory, tools that reduce complexity in sustainability reporting will carry significant weight for corporates with cross-border operations. For asset owners and managers, the partnership signals continued investment in the infrastructure required to track carbon, meet disclosure obligations, and benchmark performance in a comparable way across geographies.
The expansion of S&P Global and Novata’s collaboration illustrates how market participants are adapting to a new era in which sustainability data is no longer optional, but central to both regulatory compliance and value creation.
