Vancouver, Canada, October 09, 2023 –(PR.com)– On the glossy time, Yaletown Partners (“Yaletown”) announced that it has selected Novata, the main ESG data management platform constructed for the non-public markets, for ESG dimension and diagnosis. Novata’s technology platform makes navigating the ESG panorama easy for non-public markets by identifying a specific beginning point for deciding on the metrics that topic, streamlining data sequence, and contextualizing data to drive reporting and motion. Novata is a public profit company fashioned by the Ford Foundation, Hamilton Lane, S&P Global, Microsoft, and better than a dozen non-public equity companies and pension funds.
To blame investing suggestions are core to the ethos of Yaletown and invent the foundation upon which it ensures that returns and funding decisions are pushed by a commitment to folks and the planet. Yaletown’s platform makes a speciality of enabling and riding sustainable digital transformation: its Innovation Increase Funds finance and improve the disruption and modernization of broken-down industries thru the applying of data and technology, backing companies that salvage mountainous operational efficiencies for enterprises, thereby lowering the affect on climate alternate.
“We share Novata’s firm belief that the neat and intentional management of ESG dangers and opportunities is a driver of out of the ordinary execution of enterprise capital investing and results,” said Sophie Gupta, Most indispensable & Head of To blame Investing at Yaletown. “However the challenges with each and each the provision and reliability of data from early and rising enhance stage companies has, up to now, exiguous investor – and firm – working out of what is meaningful, subject cloth, and most impactful to lend a hand out those targets. We’re overjoyed to be partnering with Novata and leverage their modern resolution to helping navigate thru that data noise and prioritize ESG skill building inside of non-public markets.”
Since its industrial originate in April 2022, Novata’s offering has skilled necessary world ask with bigger than (4,700) non-public companies diminished in dimension to make spend of the ESG tool platform. Novata’s accurate data sequence and analytics platform supplies a serious step ahead in the glossy panorama of sustainability instruments and metrics.
“Yaletown and Novata are aligned in the mission to advance ESG data sequence in the enterprise and enhance equity panorama and past,” said Alex Friedman, CEO & Co-Founder at Novata. “Yaletown is a first-rate in integrating ESG concerns right thru their funding cycle to drive cost for his or her companies, and we survey ahead to supporting their pioneering work in ESG and sustainability.”
To learn more about Novata and its ESG data management platform, please seek recommendation from novata.com.
About Yaletown Partners: Yaletown Partners is a main Canadian enterprise capital fund supervisor that invests in the technologies digitally transforming broken-down industries by prioritizing climate-resilient enhance. Backed by main institutional patrons, at the side of pension funds, and a community of a hit technology entrepreneurs, Yaletown has places of work in Vancouver, Calgary, Edmonton, Toronto, Montréal, and San Francisco. For more data, please seek recommendation from https://www.yaletown.com/.
Alter to Yaletown on LinkedIn.
About Novata: Novata is a public profit company that empowers the non-public markets to lend a hand out a more sustainable and inclusive invent of capitalism. Novata’s technology platform makes navigating the ESG panorama easy for non-public markets by identifying a specific beginning point for deciding on the metrics that topic, streamlining data sequence, and contextualizing data to drive reporting and motion. Novata, which is backed by the Ford Foundation, Hamilton Lane, Microsoft, Omidyar Network, and S&P Global, is majority managed by mission-pushed organizations and its staff. For more data, please seek recommendation from https://www.novata.com/.
Alter to Novata on LinkedIn.
Yaletown Partners Inc.