Financial technology firm Broadridge Financial Solutions has joined forces with enterprise sustainability software Novisto to introduce an advanced sustainability data management and reporting platform for companies worldwide to ensure the they can meet the rising demand for enhanced disclosure.

As companies navigate the dual challenges of growth and compliance with increasingly complex global regulations, the companies point out, the need for reliable sustainability data is more critical than ever. In November 2024, the IFRS Foundation reported that: “[Globally,] 30 jurisdictions are on the journey to introducing ISSB Standards in their legal or regulatory frameworks.”

This collaboration, the fintech notes, enables organizations to:

• meet evolving investor expectations
• simplify third-party questionnaires and rating agency requests
• optimize supply-chain transparency
• enhance stakeholder engagement on a global scale.

Together, the companies say, they are delivering a suite of solutions that creates a one-stop shop for sustainability data management, peer benchmarking and strategic consulting. This true end-to-end offering is designed to simplify the process of collecting, analyzing, auditing and reporting sustainability data.

“With continued focus from investors and regulators globally on sustainable business models, it’s imperative that companies implement effective means to capture, analyze and report on material sustainability data,” says Ryan Wade, Broadridge’s general manager and corporate issuer. “This collaboration empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards.”

Charles Assaf, Novisto’s CEO, adds: “Our technological prowess in the sustainability reporting space, combined with Broadridge’s trusted expertise and transformative data and technology, sets a powerful precedent for streamlining corporate reporting processes.”