All services Fund and Asset Managers Private and Institutional Asset Owners Debt, Capital Markets and Corporate

IQ-EQ announces strategic ESG alliance with Novata

05 Jun 2023

IQ-EQ is pleased to announce a new strategic alliance with Novata, a leading technology platform and public benefit corporation that provides the private markets with a comprehensive environmental, social and governance (ESG) data solution. Together, IQ-EQ and Novata will help portfolio companies report the highest quality data to investors and ultimately drive positive sustainable change.

IQ-EQ enters strategic alliances with Novata

The Novata platform will streamline ESG data collection and sit at the centre of IQ-EQ’s four pillared ESG offering of ESG Set Up, ESG Data Strategy, ESG Data Collection & Management and ESG Reporting & Compliance. Through this platform, asset managers, investors and portfolio companies can identify the ESG framework and metrics best aligned to their sustainability strategy, capture and collate ESG data, and benchmark results against the market and peers.

The platform is uniquely tailored to the needs of the private markets and backed by industry leaders such as the Ford Foundation, Hamilton Lane, Microsoft, Omidyar Network and S&P Global. It provides multiple framework options and over 650 metrics from widely accepted standards so firms can collect the information most aligned to their business and investment priorities. Novata’s analytical tools include the broadest collection of private markets’ ESG benchmarks, enabling actionable insights to drive ESG performance.

Emma Crabtree, Group Chief Commercial Officer at IQ-EQ, commented: “ESG reporting requirements have become more stringent than ever. In response, this alliance highlights our commitment to innovation and providing our clients with the most up-to-date technology to efficiently solve ESG challenges. With our new and evolved offering, asset managers, investors and portfolio companies can now gain better data and improved strategic clarity. This will facilitate better reporting for both investors and regulators, better risk management, access to deeper capital pools and, most importantly, a more sustainable future.”

Scott Kennedy, Co-Founder and President at Novata, added: “Technology and innovation are central to meeting the evolving challenges for private markets and ESG transparency. Our alliance with IQ-EQ is unique, as our platform will be integrated with their existing ESG expertise that already constitutes a widely respected ESG offering for private markets. We are thrilled to be working with IQ-EQ to continually innovate to meet the challenges our clients are facing in the context of increasingly complex regulatory and investor demands.”

To find out more about IQ-EQ’s enhanced ESG Services, view our digital brochure or watch this short video.

Working with IQ-EQ has been seamless – you and your team understand our business, advise us appropriately, and handle your side of our collective partnership so that we can focus on making good investment decisions. Evan Gibson SVP, Merchants Capital

Get in touch with us today

We’re ready to listen.

Make an enquiry

Interested in joining our team?

We are always on the lookout for passionate people that possess IQ and EQ to join our growing team.

View job vacancies