Montréal, October 31, 2025 – Red Sea Global (RSG), the visionary real estate developer behind the world's most ambitious regenerative tourism destinations—such as AMAALA and The Red Sea—has formed a strategic partnership with Novisto, a leading ESG data management and reporting software provider. This collaboration will establish an advanced platform for sustainability data management, analysis, and reporting across RSG’s portfolio.
This partnership reflects RSG’s steadfast commitment to world-class governance and transparency, and underscores its ambition to align its Environmental, Social, and Governance (ESG) disclosures with leading international reporting standards.
Novisto simplifies ESG data management—turning the complexity of collecting, auditing, and reporting non-financial information into a scalable, reliable process for enterprise sustainability.
"We are honored to partner with Red Sea Global, a pioneering enterprise shaping the future of responsible infrastructure development in the Kingdom of Saudi Arabia," said Charles Assaf, CEO of Novisto. "This collaboration underscores the accelerating ESG momentum in Riyadh, where visionary leadership and investment are propelling innovation, sustainability, and data-driven transformation across the economy.”
With the continued support of White Star Capital—a global multi-stage technology investment firm that partners with bold scale-ups across North America, Europe, and Asia—Novisto is expanding into high-growth markets to empower organizations with the technology, insights, and discipline they need to elevate ESG performance and reporting.