Novata, a private markets’ sustainability management partner, announced a collaboration with Microsoft. Novata will leverage Microsoft Azure AI Foundry – including Azure AI Search – and Microsoft Fabric to unlock new efficiencies and capabilities in its sustainability solutions, data management and reporting process for businesses globally, giving small-and mid-sized Microsoft customers and supply chain partners access to Novata’s pioneering sustainability technology solutions.
“We are excited to deepen our relationship with Microsoft, a company that has not only revolutionised productivity but has also been a leader in addressing the climate crisis and leveraging AI for good,” said Alex Friedman, CEO and Co-founder of Novata.
“This collaboration expands our global reach and strengthens our commitment to providing trusted technology that simplifies sustainability data management, helping companies unlock growth opportunities and enhance their resilience in a rapidly changing world.”
Since its commercial launch in April 2022, Novata has experienced significant global demand for its all-in-one solution for sustainability data management, carbon accounting, regulatory reporting and advisory services.
Novata has also been a portfolio company of Microsoft’s Climate Innovation Fund (CIF) since 2023, reinforcing the alignment of Novata’s mission with Microsoft’s commitment to advancing sustainability solutions. CIF is dedicated to accelerating the development and deployment of new climate innovations through both equity and debt capital.
