Montreal, August 29th, 2023 — Clearsum and Novisto are excited to announce a strategic collaboration aimed at helping companies take effective action on climate change and successfully embed climate into their business strategy. The partnership brings together the strengths and expertise of both companies to deliver innovative solutions and enhanced services to their clients.
Through this partnership, Novisto’s customers will have complimentary access to bespoke training sessions as well as the opportunity to acquire a comprehensive suite of climate-related advisory and consulting services to help them advance along their climate journey. These services include decarbonization planning and target setting, qualitative to quantitative climate risk assessments (financial materiality-based), IFRS S1 and S2, TCFD-compliant disclosure support, scenario analysis, and low-to-high maturity climate integration support.
“Addressing climate change is a journey: as companies increase their climate maturity, so too does the sophistication of their requirements. We regularly observe the challenges faced by companies who wish to progress on this journey without an in-house team dedicated to climate. This partnership will help more companies embed climate change considerations at the core of their strategy, and enable them to better manage their climate data and develop disclosures in accordance with leading frameworks and standards,” said Cedric B. Robert, CEO of Clearsum.
“Novisto is an ESG data management platform that drives sustainability success for companies of varying levels of ESG maturity. With respect to climate change action, we help companies accelerate their programs by digitizing the collection of complex climate data and efficiently reporting to climate standards and frameworks in compliance with growing disclosure regulations around the world. But, to leverage the platform, companies need to first do the work—this is where our partnership with Clearsum comes in,” said Charles Assaf, CEO of Novisto.
Clearsum is a multidisciplinary, business management and strategy advisory firm with deeply rooted expertise in climate change and quantitative risk management. Its advisors help organizations integrate climate resilience and risk management into corporate and organizational strategy and realize the full potential of climate-driven opportunities. Through a data-driven process focused on building climate-readiness and meeting the growing demands of capital markets, Clearsum serves corporates and asset owners, investors/investment managers, and leadership/educational institutions.
Novisto has developed an ESG management platform that goes beyond data, helping companies clarify, build, and evolve their sustainability performance for the long term. Founded in Montréal in 2019, Novisto is a private company backed by Inovia, White Star Capital, Diagram Ventures, Portage, and SCOR Ventures.
For more information, please visit: www.novisto.com