Novata
ESG Metrics

Finding the right ESG metrics for your organization can be overwhelming. This is a clear introduction of what to measure and why.
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ESG Overview
ESG Overview
Global Standards
Metric Library

ESG Overview

Our Metric guide was created by experts to help you successfully understand and prepare to report on key Environmental, Social, and Governance (ESG) topics.
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Background

Novata worked closely with a diverse group of leading private equity firms to select and socialize a set of commonly-defined metrics. Through this common denominator of standards, frameworks, and metrics, Novata and its partners strive to mitigate ESG reporting fragmentation.

Importance of ESG

Reporting frameworks and standards are key tools for identifying and evaluating ESG performance. They help companies understand, measure, and communicate their exposure to ESG risks and opportunities, while also promoting transparency with investors and engaging stakeholders.

Environmental Dimension
Metrics related to resource and energy use, waste, and other physical environmental issues. Examining environmental metrics helps companies assess key risks and opportunities, including potential areas for reputational damage. Common measures include emissions, water and energy consumption, and waste management.
Social Dimension
Metrics related to social concerns such as worker rights and safety, as well as customer privacy. Company disclosure on these metrics helps stakeholders gauge the contributions, and potential areas of risk, related to workers, consumers, and communities.
Governance Dimension
Metrics related to a company’s ethics, policies and procedures. Common measures include board composition, transparency on management issues, and systemic risk management.

Global Standards

Novata selected metrics by identifying which metrics appear most frequently across the global standards listed below.

Sustainability Accounting Standards Board (SASB)

SASB is an organization that identifies for investors financially material information on which companies should report. It created frameworks that identify which ESG information is relevant to a subset of 77 industries. SASB Standards are maintained by the Value Reporting Foundation, a global nonprofit organization that offers a variety of resources to help businesses and investors develop a shared understanding of how enterprise value is created, preserved and eroded.

Global Reporting Initiative (GRI)

GRI was founded in 1997 following public outcry over the environmental damage of the Exxon Valdez oil spill. GRI created the first global standards for sustainability reporting (the GRI Standards) and is today the most commonly used reporting framework.

Carbon Disclosure Project (CDP)

CDP Global is an international nonprofit organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. CDP gathers corporate environmental data in a standardized manner and on a voluntary basis.

Task Force on Climate-Related Financial Disclosure (TCFD)

TCFD was established to develop recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions and, in turn, enable stakeholders to better understand the concentrations of carbon-related assets in the financial sector and the financial system’s exposures to climate-related risks.

Metric Library

The Metric Library guide was created to help you successfully understand and prepare to report on key Environmental, Social, and Governance (ESG) topics via the Novata platform.

Filters

Category
Environmental
Social
Governance

Direct emissions from sources owned or controlled by the company

E1.1.1

This metric tracks the mass of Scope 1 greenhouse gases emitted by the company, as measured in metric tons (t) of.....

Indirect Emissions From Purchased Electricity

E1.2.1

This metric tracks the mass of Scope 2 emissions attributable to the company, as measured in metric tons (t) of carbon.....

Indirect, Upstream/Downstream Sources Not Owned or Controlled by the Company

E1.3.1 (optional)

This metric tracks the mass of Scope 3 Emissions attributable to the company, reported in metric tons (t) of carbon dioxide.....

Net-Zero Target

E1.4.1 (optional)

This metric tracks whether the company has set a date by which it plans to reach net-zero GHG emissions. Expanded Definition.....

Total Energy Consumed, From All Sources

E2.1.1

This metric tracks the total energy consumption of the entities owned or controlled by the organization in the last calendar year......

Percentage of Total Energy Consumed That Is Renewable Energy

E2.2.1

This metric tracks the percentage of total energy consumed by the entities owned or controlled by the organization that is from.....

Total Fresh Water Withdrawn

E3.1.1

This metric tracks the total volume in Megaliters of freshwater that the organization withdrew across the globe in the last calendar.....

Total Fresh Water Withdrawn in Regions With High or Extremely High Baseline Water Stress

3.1.2

This metric tracks the total volume of water that the organization withdrew in high or extremely high baseline stress water areas.....

Total Fresh Water Consumed, in Megaliters

E3.2.1

This metric tracks the total volume of fresh water that the organization consumed in the last calendar year. Expanded Water.....

Total Fresh Water Consumed in Regions With High or Extremely High Baseline Water Stress

E3.2.2

This metric tracks the total volume of fresh water that the organization consumed in the last calendar year in high or.....

Emissions to Water

E3.3.1 (optional)

This metric tracks the mass of certain pollutants, like nitrates and pesticides, released in bodies of water by the company in.....

Tons of Waste Generated

E4.1.1

This metric tracks the total weight in metric tons (t) of solid waste generated by the company’s own operations in the.....

Percentage of Waste Generated That Was Hazardous

E4.2.1

This metric tracks the percentage of waste generated that is hazardous waste, due to the company’s operations in the last calendar.....

Total Number of Board Members

G1.1.1

This metric tracks how many individuals sit on the company’s board of directors, as measured on December 31st of the reported.....

Number of Women Board Members

G1.1.2

This metric tracks how many individuals on the board identify as women, as measured on December 31st of the reported year......

Board Member Racial/Ethnic Group Representation

G1.1.3us

This metric tracks the racial and ethnic identity of board members, as measured on December 31st of the reported year. Expanded.....

Number of Board Members From Age Group: Under 30 Years Old

G1.1.5

This metric tracks how many individuals who sit on the company’s board of directors are below 30 years of age, as.....

Number of Board Members From Age Group: 30-50 Years Old

G1.1.6

This metric tracks how many individuals who sit on the company’s board of directors are between 30 and 50 years of.....

Number of Board Members From Age Group: Over 50 Years Old

G1.1.7

This metric tracks how many individuals who sit on the company’s board of directors are over 50 years of age, as.....

Number of Board Members With Different National Origin From Country of Headquarters

G1.1.8

This metric tracks how many board members hold a citizenship that is different from the country where the corporate headquarters are.....

Number of LGBTQ Board Members

G1.1.9

This metric tracks how many individuals on the board identify as members of the Lesbian, Gay, Bisexual, Transgender, Queer (LGBTQ) community,.....

Incidents of Corruption

G2.1.1 (optional)

This metric tracks the number of incidents in the last calendar year where allegations of corruption were found to be substantiated......

Monetary Losses as a Result of Legal Proceedings Associated with Fraud, Bribery or Corruption, or Other Unethical Business Practices

G2.2.1

This metric tracks the total amount of monetary losses incurred in the last calendar year as a result of legal proceedings.....

GRI Disclosure

G3.1.1

This metric tracks whether the company reports on ESG matters using the Global Reporting Initiative Standards framework, as measured in the.....

CDP Disclosure

G3.1.2

This metric tracks whether the company reports on ESG matters using the Carbon Disclosure Project (CDP) survey, as measured in the last.....

CDSB Disclosure

G3.1.3

This metric tracks whether the company reports on ESG matters using the Climate Disclosure Standards Board’s (CDSB) reporting framework, as measured.....

SASB Disclosure

G3.1.4

This metric tracks whether the company reports on ESG matters using the Sustainability Standards Accounting Board’s (SASB) reporting framework, as measured in.....

TCFD Disclosure

G3.1.5

This metric tracks whether the company reports on ESG matters using the Task Force on Climate-related Financial Disclosure (TCFD) framework, as measured.....

Additional ESG Reporting Frameworks and Standards

G3.1.6

This metric tracks whether the company reports on ESG matters using any reporting frameworks that have not been listed by Novota,.....

Gender Representation by Job Category

S1.1.1

This metric tracks the company’s workforce gender breakdown by occupational levels. Expanded Occupational Levels: Executives/Senior Level Officials are defined as.....

Gender and Racial/Ethnic Group Representation by Job Category

S1.1.1us

This metric tracks the U.S. company’s gender and race/ethnicity workforce composition by occupational category. Expanded Many U.S. companies are already.....

Total Cost of the Workforce

S1.2.1

This metric tracks the total cost of all employee wages and benefits in the last calendar year. Expanded Occupational Levels:.....

Organic Net New Hires, FTE

S1.3.1

This metric tracks the total number of net new full-time hires who joined the organization in the last calendar year, excluding.....

Total Net New Hires, FTE

S1.3.2

This metric tracks the total number of net new full-time hires who joined the organization in the last calendar year. Expanded.....

Annual Percent Attrition

S1.4.1

This metric tracks the turnover rate in the company’s workforce in the last calendar year. Expanded The GRI defines employee.....

Employee Survey

S1.5.1

This metric tracks whether the company circulates an employee feedback survey on an annual basis to gauge employees’ perceptions on topics.....

Percentage of Employees Responding to Employee Survey

S1.5.2

This metric tracks employees’ response rate to the annual feedback survey, as measured in the last calendar year. Expanded Additional.....

Unadjusted Gender Pay Gap

S1.6.1

This metric tracks the gender pay gap by comparing the average gross hourly earnings of men and women employees, as measured.....

Unadjusted Gender Pay Gap by Job Category

S1.6.2

This metric tracks the gender pay gap by comparing the average gross hourly earnings of men and women employees by occupational.....

Racial Pay Gap

S1.6.3us (optional)

This metric tracks the gross hourly earnings racial and ethnic pay gap, as measured in the last calendar year. Expanded Definition.....

Racial Pay Gap by Job Category

S1.6.4us (optional)

This metric tracks the gross hourly earnings racial and ethnic pay gap, by occupation, as measured in the last calendar year......

Number of Work-Related Injuries

S2.1.1

This metric tracks the number of work-related injuries experienced by workers, as defined by local jurisdiction, within the last calendar year......

Number of Work-Related Fatalities

S2.2.1

This metric tracks the number of work-related fatalities experienced by workers, as measured within the last calendar year. Expanded For.....

Days Lost Due to Injury

S2.3.1

Total days lost due to work-related injury within the last calendar year. Expanded Time lost should be measured separately for.....

Number of Data Breaches

S3.1.1

This metric tracks the number of data breaches that occurred in the last calendar year. Expanded SASB defines a data.....

Percentage of Breaches Involving Personally Identifiable Information

S3.2.1

This metric tracks the percentage of data breaches occurring in the last calendar year that involve personally identifiable information where the.....

Number of Users/Customers Affected

S3.3.1

This metric tracks how many unique users were impacted by data breaches in which the company notified all users whose personal.....

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