Private markets-focused sustainability data solutions provider Novata today announced the launch of Risk Atlas, a new AI-powered tool designed to help investors and companies identify, prioritize and monitor emerging risks across portfolios and supply chains. New York-based Novata was founded in 2021 by S&P Global, the Ford Foundation, asset management firm Hamilton Lane, and social […]
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Novata Launches Portfolio, Supply Chain Risk Monitoring Solution - ESG Today
Abatify Summary
Nature & Climate Perspective
**Novata's Risk Atlas enhances supply chain visibility, directly enabling private market investments to track, map, and mitigate upstream ecological and biodiversity risks. **
- Improves tracking of localized biodiversity loss and deforestation drivers within complex private equity portfolios and global supply chains.
- Identifies high-impact nodes where agricultural and raw material extraction threatens critical carbon sinks and LULUCF stability.
- Enables proactive mitigation of environmental degradation by identifying suppliers with poor ecological stewardship records.
Market & Policy Outlook
**The launch of Risk Atlas accelerates corporate compliance with global frameworks like the SBTi by standardizing scope 3 and supply chain risk reporting across private markets. **
- Supports compliance with emerging regulations like the EU's CSDDD and CSRD by providing auditable supply chain ESG metrics.
- Reduces systemic ESG risk premiums in private markets, increasing financial liquidity and lowering capital costs for sustainable enterprises.
- Assists companies in aligning their procurement policies with SBTi Scope 3 targets and ICVCM high-integrity guidelines to prevent greenwashing.
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