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2026 IDC MarketScape Report: Novisto Recognized as Major Player in Carbon Accounting

Published on May 5, 2026 Dave Karrel

MONTREAL – Novisto has been named a Major Player in the inaugural 2026 IDC MarketScape for Worldwide Carbon Accounting and Management Applications. This recognition from one of the world's premier technology market intelligence firms underscores Novisto's robust platform capabilities, forward-thinking strategy, and significant presence in the enterprise sustainability software market.

The IDC MarketScape is a highly respected vendor assessment tool that provides a comprehensive overview of a market's key players. Vendors are evaluated on two primary criteria: their current capabilities to meet customer needs and their future strategies to align with evolving market requirements. Being positioned as a Major Player validates Novisto’s commitment to providing a solution that is both powerful today and prepared for the challenges of tomorrow.

The report highlights several key strengths that differentiate the Novisto platform, with a particular emphasis on its exceptional data rigor. The IDC MarketScape notes that Novisto excels at centralizing and validating ESG data from a wide array of sources. Its use of AI-powered OCR to extract information from documents like PDFs and even handwritten notes, combined with complete audit trails for every data point, ensures a level of traceability and integrity compliant with rigorous standards such as CSRD and IFRS.

This dedication to data integrity supports another core strength: delivering financial-grade accuracy. The platform's emphasis on automation, governance, and controls is designed to meet the complex needs of large, publicly traded organizations facing increasing regulatory and stakeholder scrutiny.

Novisto's strategic growth and financial stability were also cited as critical advantages. Fueled by a recent Series C funding round and the acquisition of the carbon accounting platform Minimum, Novisto is accelerating its global expansion and platform innovation. With established hubs in Canada, London, and the UAE, we have been recognized for demonstrating a deliberate and successful approach to international growth, offering customers the assurance of a financially grounded and reliable long-term partner.

Furthermore, the report acknowledges Novisto's powerful ecosystem integration. Strong affiliations with key organizations like CDP, S&P, and "Big Four" consulting firms provide customers with unparalleled flexibility. This allows organizations to seamlessly tailor their sustainability software stack, extending Novisto's core features to create a solution that perfectly matches their evolving needs.

This recognition in the IDC MarketScape is a testament to Novisto’s mission: to provide a single system of record that empowers the world’s leading organizations to manage their sustainability data with clarity, confidence, and purpose.

Schedule a demo with our expert team to learn more about how Novisto is leading the way in sustainability management.