Enterprise climate platform Watershed announced on Dec. 19 a strategic partnership with Novata, an ESG data management platform for private markets. The partnership will provide Novata clients with a solution that satisfies disclosure requirements and investor requests for ESG data transparency.
Thousands of companies owned by private equity, private credit, and venture capital firms use Novata’s ESG data management platform.
Private markets are crucial to the climate transition yet “have lacked rigorous, comprehensive tools to support this critical work,” said Watershed co-founder Taylor Francis. “Together, Watershed and Novata enable effective climate action and substantive value creation for all private investors.”