EU Regulators Find Growing Greenwashing Risk for Banks, Asset Managers
Investor services group IQ-EQ announced today a new strategic alliance with ESG-focused technology platform Novata, aimed at providing solutions enabling private markets investors’ portfolio companies to collect and report high quality ESG data.
Novata is a public benefit corporation founded in 2021 by a consortium including S&P Global, the Ford Foundation, asset management firm Hamilton Lane, and social change-focused investment firm Omidyar Network, and supported and advised by several leading private equity firms and pension funds, to provide private markets investors with a solution for ESG measurement, data collection and benchmarking, and enable reporting on ESG data.
Under the new alliance, Novata’s platform will it at the center of IQ-EQ’s ESG offerings, streamlining ESG data collection for IQ-EQ’s strategy and set-up services ESG Set Up, data platform ESG Data Strategy, data collection, aggregation and benchmarking services ESG Data Collection & Management, and its ESG Reporting & Compliance services.
Emma Crabtree, Group Chief Commercial Officer at IQ-EQ, said:
