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Next-generation software for confident ESG decisions and disclosures.

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Reviews onCapterra
9 reviews tracked

The Bottom Line

Entry price

Paid plans only

Biggest pro

Ensures high-quality, audit-ready ESG data for investor confidence.

Biggest con

Specific pricing details are not publicly disclosed, requiring direct inquiry.

TL;DR - Novisto

  • Centralizes and manages high-quality, audit-ready ESG data.
  • Streamlines ESG reporting and disclosures with AI and embedded expertise.
  • Adapts to evolving regulatory changes and reporting standards automatically.
Pricing: Paid only
Best for: Enterprises & pros
4.2/5 across review platforms

What is Novisto?

Editorial review
Novisto is a sustainability management software designed to help enterprises efficiently collect, govern, and disclose their ESG (Environmental, Social, and Governance) data. It provides a centralized, secure system of record for both quantitative and qualitative investment-grade ESG data, ensuring auditability and high quality. The platform empowers ESG teams to move beyond administrative tasks, focusing instead on impactful change and strategic analysis. Novisto is built for modern ESG practitioners across all stages of ESG maturity, offering solutions that adapt to evolving regulatory changes and reporting standards. It integrates ESG expertise with AI to improve disclosures, benchmark performance against peers, set targets, and monitor progress. The software aims to streamline the entire ESG journey, from data collection and management to reporting and analysis, enabling organizations to own their ESG narrative with confidence.

Available on: Web

Pros & Cons

Pros

  • Ensures high-quality, audit-ready ESG data for investor confidence.
  • Significantly improves efficiency in submitting disclosures and managing ESG workflows.
  • Automatically adapts to evolving ESG standards and regulations without manual updates.
  • Provides expert guidance and support through dedicated CSMs and ESG analysts.
  • Offers flexible data residency to meet compliance and IT strategy needs.

Cons

  • Specific pricing details are not publicly disclosed, requiring direct inquiry.
  • Requires integration into existing data collection processes which may involve initial setup effort.

Ratings Across the Web

4.2(9 reviews)

Ratings aggregated from independent review platforms. Learn more

Key Features

Finance-grade ESG data managementCurated metrics and approval workflowsEmbedded audit trailsAI-powered insights for reportingBenchmarking against peersTarget setting and progress monitoringCarbon management and reportingDouble materiality assessments

Pricing

Paid

Novisto offers paid plans. Visit their website for current pricing details.

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Reviews

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4.2/5

Across 9 verified user reviews on Capterra

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Novisto FAQ

How does Novisto support enterprises in managing their ESG data?

Novisto provides a centralized and secure system of record for both quantitative and qualitative investment-grade ESG data. This platform helps enterprises efficiently collect, govern, and disclose their ESG data, ensuring auditability and high quality for confident decision-making and disclosures.

Which teams benefit most from using Novisto?

Novisto is designed for modern ESG practitioners across all stages of ESG maturity, enabling ESG teams to move beyond administrative tasks. It helps them focus on impactful change and strategic analysis by streamlining data collection, management, reporting, and analysis.

How does Novisto compare to Persefoni in terms of adapting to regulatory changes?

Novisto automatically adapts to evolving ESG standards and regulations without requiring manual updates, ensuring continuous compliance. It integrates ESG expertise with AI to improve disclosures and benchmark performance, helping organizations own their ESG narrative.

What kind of initial effort is involved in implementing Novisto?

Implementing Novisto requires integration into existing data collection processes, which may involve an initial setup effort. However, this integration leads to a centralized and secure system for managing ESG data, improving efficiency and auditability.

How is Novisto priced?

Novisto is a paid product and does not include a permanently free tier. Specific pricing details are not publicly disclosed and require a direct inquiry to the provider.

Can Novisto help organizations benchmark their ESG performance?

Yes, Novisto integrates ESG expertise with AI to allow organizations to benchmark their performance against peers. It also helps in setting targets and monitoring progress, supporting strategic analysis and impactful change.

Does Novisto offer support beyond its software features?

Yes, Novisto provides expert guidance and support through dedicated Customer Success Managers (CSMs) and ESG analysts. This ensures users have the necessary assistance to navigate the platform and maximize its benefits for their ESG journey.

Source: novisto.com

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