Understanding and addressing environmental, social, and governance (ESG) issues is a top priority for most companies. For private companies, this is particularly challenging because there is no consensus on which ESG metrics should be collected, no comparable data to enable companies and their investors to benchmark against peers, and no data management system tailored for the specific requirements of private companies.
Until Novata.
A public-benefit corporation created by a unique consortium of non-profit and for-profit institutions, Novata aligns private markets around a shared approach to ESG. Novata is an independent, secure repository for private company data that is standardized and comparable. The system features benchmarking and reporting solutions specifically built to address the unique demands of private markets.
We are committed to the tenets of responsible investing and believe the private markets have a responsibility to better manage and track ESG performance to not only generate strong investment returns, but to also make a positive impact on society and its future.
We are proud to collaborate with a distinguished group of industry leaders to develop and share tools that enhance transparency and which are appropriately tailored for private companies.
At Kohlberg, we concentrate on creating and measuring value, and we apply the same focus to our ESG efforts. Novata will facilitate adoption of ESG best practices, not just for GPs and LPs but also for portfolio companies. It’s a significant step forward.
KPS takes pride in its constructive approach to investing. We believe that nothing matters more than people. We look forward to advocating for the concerns of working people as part of the GP Advisory Council.
We invest to solve global challenges. Summa was founded on the idea of integrating sustainability factors as tools for value creation, and we invest solely in companies whose core business contributes positively to one or more of the Sustainable Development Goals. Our companies are supporting a world in transition and showing that business can be part of the solution.
At THL, we believe that effective ESG practices can positively impact the performance of our Firm, private equity funds and portfolio companies. We look forward to sharing our insights and collaborating with Novata and its LP and GP advisory committees on this important ESG initiative.
Uniting purpose and profit is the foundation of our investment thesis, and transparency is critical to holding our firm and the entire private equity community accountable. We are excited to partner with Novata to develop effective ESG measurement and benchmarking tools for the PE community.
We are committed to the tenets of responsible investing and believe the private markets have a responsibility to better manage and track ESG performance to not only generate strong investment returns, but to also make a positive impact on society and its future.
We are proud to collaborate with a distinguished group of industry leaders to develop and share tools that enhance transparency and which are appropriately tailored for private companies.
We are committed to working with the private equity industry to simplify ESG measurement, reporting, and benchmarking. We are grateful to have the guidance of our General Partner Advisory Council (GPAC)—a group of leading GPs who embody purpose and authenticity in their approach to ESG. Some GPAC members—The Vistria Group, Clearlake Capital Group and Kohlberg & Co.—have made investments in support of Novata, with all proceeds to be donated to leading non-profits.
Our partners are an integral part of Novata’s story. They are tackling key business problems, providing creative branding and design solutions, and telling our story.
