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Broadridge and Novisto Address Rising Demand for Sustainability Data Management and Reporting Platforms
Prnewswireยท 2025-05-28 06:00
Core Insights - Broadridge Financial Solutions has partnered with Novisto to launch an advanced sustainability data management and reporting platform aimed at helping companies manage risks and opportunities in sustainability reporting [1][2] - The collaboration addresses the growing global demand for comprehensive sustainability and non-financial reporting, enabling organizations to meet evolving investor expectations and enhance stakeholder engagement [1][2][3] Company Overview - Broadridge serves over 3,400 public companies in the US, providing a range of corporate solutions including sustainability, regulatory filings, and stock transfer services [2] - Novisto is recognized for its sustainability data management software, simplifying the collection and reporting of ESG data, and has received accolades from industry analysts [5] Industry Context - There is an increasing focus from investors and regulators on sustainable business models, necessitating effective means for companies to capture and report material sustainability data [2][3] - The IFRS Foundation reported that 30 jurisdictions are working towards introducing ISSB Standards, highlighting the growing demand for standardized reporting [3]