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.
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.
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.
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.
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.
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.
This metric tracks the mass of Scope 1 greenhouse gases emitted by the company, as measured in metric tons (t) of.....
This metric tracks the mass of Scope 2 emissions attributable to the company, as measured in metric tons (t) of carbon.....
This metric tracks the mass of Scope 3 Emissions attributable to the company, reported in metric tons (t) of carbon dioxide.....
This metric tracks whether the company has set a date by which it plans to reach net-zero GHG emissions. Expanded Definition.....
This metric tracks the total energy consumption of the entities owned or controlled by the organization in the last calendar year......
This metric tracks the percentage of total energy consumed by the entities owned or controlled by the organization that is from.....
This metric tracks the total volume in Megaliters of freshwater that the organization withdrew across the globe in the last calendar.....
This metric tracks the total volume of water that the organization withdrew in high or extremely high baseline stress water areas.....
This metric tracks the total volume of fresh water that the organization consumed in the last calendar year. Expanded Water.....
This metric tracks the total volume of fresh water that the organization consumed in the last calendar year in high or.....
This metric tracks the mass of certain pollutants, like nitrates and pesticides, released in bodies of water by the company in.....
This metric tracks the total weight in metric tons (t) of solid waste generated by the company’s own operations in the.....
This metric tracks the percentage of waste generated that is hazardous waste, due to the company’s operations in the last calendar.....
This metric tracks how many individuals sit on the company’s board of directors, as measured on December 31st of the reported.....
This metric tracks how many individuals on the board identify as women, as measured on December 31st of the reported year......
This metric tracks the racial and ethnic identity of board members, as measured on December 31st of the reported year. Expanded.....
This metric tracks how many individuals who sit on the company’s board of directors are below 30 years of age, as.....
This metric tracks how many individuals who sit on the company’s board of directors are between 30 and 50 years of.....
This metric tracks how many individuals who sit on the company’s board of directors are over 50 years of age, as.....
This metric tracks how many board members hold a citizenship that is different from the country where the corporate headquarters are.....
This metric tracks how many individuals on the board identify as members of the Lesbian, Gay, Bisexual, Transgender, Queer (LGBTQ) community,.....
This metric tracks the number of incidents in the last calendar year where allegations of corruption were found to be substantiated......
This metric tracks the total amount of monetary losses incurred in the last calendar year as a result of legal proceedings.....
This metric tracks whether the company reports on ESG matters using the Global Reporting Initiative Standards framework, as measured in the.....
This metric tracks whether the company reports on ESG matters using the Carbon Disclosure Project (CDP) survey, as measured in the last.....
This metric tracks whether the company reports on ESG matters using the Climate Disclosure Standards Board’s (CDSB) reporting framework, as measured.....
This metric tracks whether the company reports on ESG matters using the Sustainability Standards Accounting Board’s (SASB) reporting framework, as measured in.....
This metric tracks whether the company reports on ESG matters using the Task Force on Climate-related Financial Disclosure (TCFD) framework, as measured.....
This metric tracks whether the company reports on ESG matters using any reporting frameworks that have not been listed by Novota,.....
This metric tracks the company’s workforce gender breakdown by occupational levels. Expanded Occupational Levels: Executives/Senior Level Officials are defined as.....
This metric tracks the U.S. company’s gender and race/ethnicity workforce composition by occupational category. Expanded Many U.S. companies are already.....
This metric tracks the total cost of all employee wages and benefits in the last calendar year. Expanded Occupational Levels:.....
This metric tracks the total number of net new full-time hires who joined the organization in the last calendar year, excluding.....
This metric tracks the total number of net new full-time hires who joined the organization in the last calendar year. Expanded.....
This metric tracks the turnover rate in the company’s workforce in the last calendar year. Expanded The GRI defines employee.....
This metric tracks whether the company circulates an employee feedback survey on an annual basis to gauge employees’ perceptions on topics.....
This metric tracks employees’ response rate to the annual feedback survey, as measured in the last calendar year. Expanded Additional.....
This metric tracks the gender pay gap by comparing the average gross hourly earnings of men and women employees, as measured.....
This metric tracks the gender pay gap by comparing the average gross hourly earnings of men and women employees by occupational.....
This metric tracks the gross hourly earnings racial and ethnic pay gap, as measured in the last calendar year. Expanded Definition.....
This metric tracks the gross hourly earnings racial and ethnic pay gap, by occupation, as measured in the last calendar year......
This metric tracks the number of work-related injuries experienced by workers, as defined by local jurisdiction, within the last calendar year......
This metric tracks the number of work-related fatalities experienced by workers, as measured within the last calendar year. Expanded For.....
Total days lost due to work-related injury within the last calendar year. Expanded Time lost should be measured separately for.....
This metric tracks the number of data breaches that occurred in the last calendar year. Expanded SASB defines a data.....
This metric tracks the percentage of data breaches occurring in the last calendar year that involve personally identifiable information where the.....
This metric tracks how many unique users were impacted by data breaches in which the company notified all users whose personal.....