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Power Law company profile

Novisto

AI · Montreal, Canada · Founded 2019

Novisto is a technology startup that operates in the Environmental, Social, and Governance (ESG) data management sector. It offers a flexible ESG data management platform that helps businesses to streamline their sustainability efforts. The platform uses artificial intelligence (AI) to improve data collection, disclosure, quality, and insights. It also offers peer benchmarking and stakeholder engagement features. Novisto's clients are primarily public companies that face increasing demands for ESG disclosure. These companies need to manage complex data collection processes and improve their ESG performance. Novisto's platform helps them to meet these challenges by providing a data-centric approach to ESG management. The company operates in the growing market for ESG data management solutions. As businesses face increasing pressure from investors, regulators, and consumers to improve their sustainability performance, the demand for sophisticated ESG data management tools is expected to rise. Novisto's business model is based on providing a subscription-based platform. Companies pay a recurring fee to use the platform, which provides them with the tools they need to manage their ESG data effectively and efficiently. In summary, Novisto is a technology startup that provides an AI-driven ESG data management platform. It helps public companies to meet the increasing demands for ESG disclosure and improve their sustainability performance. Keywords: ESG data management, sustainability, artificial intelligence, data-centric approach, public companies, disclosure, data collection, peer benchmarking, stakeholder engagement, subscription-based platform.