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Broadridge Financial Solutions has announced a partnership with Novisto to deliver a new sustainability data management and reporting platform.
The solution responds to growing global demand from companies and regulators for accurate, efficient, and scalable non-financial disclosure systems.
Ryan Wade, General Manager of Broadridge Corporate Issuer, commented, “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. Broadridge’s collaboration with Novisto empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards.”
The partnership introduces a platform that targets the full lifecycle of sustainability data, from capture and validation to auditing and reporting. The product suite also includes features for peer benchmarking and advisory support. Broadridge currently supports more than 3,400 public companies in the United States with services related to shareholder meetings, governance, disclosures, and equity administration.
Charles Assaf, CEO of Novisto, commented, “We are thrilled to collaborate with Broadridge, a company celebrated for its expertise and steadfast commitment to delivering high-quality corporate issuer solutions. Novisto’s 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.”
One-stop shop for sustainability data workflows
The announcement follows a year of mounting regulatory movement around the world. In November 2024, the IFRS Foundation noted that 30 jurisdictions had begun the process of incorporating International Sustainability Standards Board (ISSB) standards into law. As regulatory frameworks evolve, the burden on issuers to deliver reliable, standardized data continues to rise.
Broadridge has positioned this solution as a one-stop shop for sustainability data workflows, enabling clients to meet requirements from rating agencies, investment firms, and regulatory bodies while improving engagement with suppliers and stakeholders.
Novisto, based in Montréal, was founded in 2019 and is backed by venture firms including Inovia, White Star Capital, and Portage. Its sustainability reporting tools are used by multinational enterprises and have been recognized by research firms Gartner and Verdantix.
Broadridge, part of the S&P 500 index, processes over 7 billion financial communications annually and supports trading flows of over $10 trillion daily. With a global footprint across 21 countries, the firm serves clients in over 100 markets.
Both firms have stated that the collaboration is designed to meet the increasing expectations for transparency and assurance in environmental, social, and governance (ESG) data. The integrated solution will be marketed globally through Broadridge’s corporate issuer division and Novisto’s existing client network.
