Novisto
by Novisto · ESG & Sustainability
Enterprise ESG data collection, carbon accounting and sustainability reporting platform.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Deployment
- Cloud
- Company size
- Enterprise
- Pricing
- Quote-based
- Founded
- 2019
- Headquarters
- Montreal, QC, Canada
Overview
Novisto is a sustainability management platform that helps large enterprises collect, govern and report ESG (environmental, social, governance) data. The platform is built around three stages -- Collect, Manage and Report -- that centralise ESG data intake from internal and external contributors, track performance against a curated library of ESG metrics, and generate disclosures aligned to more than a dozen regulations, standards and investor questionnaires. Novisto reports tracking an average of roughly 700 metrics per client and describes a roughly 50% average efficiency gain in disclosure submission time.
In March 2026, Novisto acquired Minimum, a London-based carbon accounting vendor, folding Scope 1, 2 and 3 emissions measurement (including all 15 GHG Protocol Scope 3 categories) into the core platform alongside a separately launched on-demand double-materiality assessment module. An embedded AI layer, marketed as Novisto AI and including a conversational assistant called Mira, handles data-field auto-matching, natural-language search, anomaly detection and peer benchmarking across the platform.
Novisto is headquartered in Montreal, Quebec, Canada, and was founded in 2019 by CEO and co-founder Charles Assaf. It is privately held, backed by investors including Diagram, White Star Capital, Portage, Inovia and Scor, with a strategic investment from La Caisse (formerly CDPQ) announced in May 2026. Customers cited by the company include Sun Life, Sanofi, PagerDuty, Bell, Circle K, Deutsche Bank, Emirates, Crocs and CAE.
Screenshots & demo
Screenshots sourced from Novisto.
Features & capabilities
ESG Data Collection
Centralised workflows for gathering quantitative and qualitative ESG data from internal and external contributors.
- Guided intake workflows with contextual guidance and prior-year data pre-fill
- Direct API connections to existing systems for data ingestion
- Smart bulk import tools for historical data
- Document import capabilities
- Automated email reminders and real-time progress/completion tracking
- Built-in validation checks and approval gates before audit review
- AI-based anomaly detection for unexpected spikes or discrepancies
- Multi-language support for global contributors
Metrics & Target Management
A curated, customisable metrics library with real-time target tracking.
- Library of 1,000+ pre-built ESG metrics organised by industry and material topic
- Custom metric and data field creation beyond standardised frameworks
- Real-time progress tracking against ESG targets
- Metrics library continuously updated to align with evolving standards
- Performance-insight sharing with internal and external stakeholders outside annual reporting season
Sustainability Reporting & Disclosure
Report generation and data propagation across mandatory and voluntary disclosure frameworks.
- Regulation coverage including CSRD, EU Taxonomy, HKEX, OSFI, SFDR PAI, California SB 253/SB 261 and ESRS
- Standards coverage including GRI, IFRS Sustainability Disclosure Standards and SASB
- Framework coverage including TCFD, Bloomberg GEI and EDCI
- Questionnaire automation for CDP, S&P Global CSA, B Corp and others
- Microsoft Word integration for collaborative report drafting
- Automated taxonomy mapping maintained by Novisto ESG analysts
- Collect-once, report-to-many data propagation across frameworks
Carbon Management
Emissions measurement, calculation and decarbonisation planning, built on the acquired Minimum carbon-accounting technology.
- Scope 1, 2 and 3 emissions tracking, covering all 15 Scope 3 categories
- Emission factor libraries from the GHG Protocol, IEA, EPA and DEFRA
- Data collection via Excel/CSV import, PDF/document capture, APIs and supplier surveys
- Custom calculation logic and customisable variance checks to flag anomalies
- Hotspot identification and decarbonisation pathway modelling
- Audit trails, approval workflows, and data lineage/change-history tracking
Materiality Assessment
On-demand double-materiality scoring using operational data rather than broad industry assumptions.
- Impact and financial materiality scoring using operational and site-level data
- Topic prioritisation ranking thousands of Impacts, Risks and Opportunities (IROs)
- Mapping of materiality findings to ESRS, GRI, SASB and CDP disclosure requirements
- Every materiality score includes explanations of underlying data, weightings and sources
- Consolidates company reports, peer/sector benchmarks and regulatory guidance
Novisto AI
An embedded AI layer, including a conversational assistant called Mira, across the platform.
- Mira conversational agent for in-platform Q&A on usage, ESG concepts and benchmarking
- Natural-language search across metrics and reports
- Auto-matching of imported data fields to speed ingestion from systems like HRIS and ERP
- Peer benchmarking drawn from public data across thousands of companies
- Anomaly detection and material risk/opportunity surfacing
- SOC 2-certified environment; customer data is not used to train shared AI models
Common use cases
- Centralising ESG data collection from dozens of internal and external contributors across a large enterprise
- Producing CSRD-aligned disclosures under the EU Corporate Sustainability Reporting Directive
- Automating CDP and S&P Global CSA questionnaire responses to cut completion time
- Tracking Scope 1-3 emissions and building a decarbonisation pathway after consolidating carbon data onto one platform
- Running a data-driven double materiality assessment ahead of stakeholder engagement
- Consolidating ESG reporting across multiple frameworks (GRI, SASB, TCFD, IFRS) from a single data set
- Benchmarking ESG performance against industry peers using AI-assisted analysis
Strengths & considerations
Strengths
- Single platform spanning ESG data collection, carbon accounting, materiality assessment and multi-framework reporting, following the 2026 acquisition of carbon-accounting vendor Minimum
- Finance-grade data governance -- approval workflows, audit trails and data lineage -- positioned for investment-grade rather than spreadsheet-based ESG reporting
- Embedded AI (Novisto AI / Mira) for natural-language search, anomaly detection and peer benchmarking built into the core workflow
- Backed by institutional investor La Caisse (formerly CDPQ) alongside VC firms Diagram, White Star Capital, Portage and Inovia
Pricing
Subscription pricing; the vendor states it includes unlimited users, data points and outputs plus a dedicated customer success manager and ESG analyst support. Exact price points are not published; prospects are directed to contact sales. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS
- Compliance
- SOC 2, ISO 27001, GDPR, CCPA
- Languages
- English, French, German
About the vendor
- Founded
- 2019
- Headquarters
- Montreal, QC, Canada
- Ownership
- Private (backed by Diagram, White Star Capital, Portage, Inovia and Scor, with a strategic investment from La Caisse)
- Notable customers
- Sun Life, Sanofi, PagerDuty, Bell, Circle K, Deutsche Bank, Emirates, Crocs, CAE, Balchem, Wizz Air
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Novisto — frequently asked questions
What reporting frameworks does Novisto support?
Novisto supports major ESG regulations including CSRD, EU Taxonomy, HKEX, SFDR PAI and California SB 253/SB 261, standards including GRI, IFRS Sustainability Disclosure Standards and SASB, and questionnaires such as CDP, S&P Global CSA and B Corp.
Does Novisto include carbon accounting?
Yes. Following its March 2026 acquisition of London-based carbon-accounting vendor Minimum, Novisto tracks Scope 1, 2 and 3 emissions across all 15 Scope 3 categories using emission factor libraries from the GHG Protocol, IEA, EPA and DEFRA, and supports decarbonisation pathway modelling.
How is Novisto priced?
Novisto uses a quote-based subscription model that the vendor says includes unlimited users, data points and outputs. Exact pricing is not published and requires contacting sales.
Who uses Novisto?
Novisto serves large enterprises across industries including banking & insurance, technology, healthcare & pharmaceuticals, retail, manufacturing and food & beverage. Named customers include Sun Life, Sanofi, PagerDuty, Bell, Circle K, Deutsche Bank and Emirates.
Where is Novisto based?
Novisto is headquartered in Montreal, Quebec, Canada. It was founded in 2019 by CEO Charles Assaf and is backed by investors including La Caisse, Diagram, White Star Capital, Portage and Inovia.
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