Novata and K2 Integrity Announce Strategic Partnership to Help Investment Firms Validate Their ESG Initiatives

NEW YORK–(BUSINESS WIRE)–Novatethe leading ESG data management platform designed for private markets, and K2 Integrity, a leading compliance and risk management consultancy, today announced a strategic partnership to strengthen K2 Integrity’s ESG advisory offering. As part of the partnership, Novata will provide K2 Integrity with access to its industry-leading proprietary data collection and management software to streamline processes for K2 Integrity’s new ESG fund certification solution, the first of the kind. The partnership will also allow K2 Integrity to customize its solution and offer different types of certification that align with regional jurisdictions.

“Today, appropriate measures of risk have expanded to include ESG considerations, as many ESG measures directly affect a company’s performance and, therefore, its financial value,” said Josh Green, director of the operator and co-founder of Novata. “We are very pleased to partner with K2 Integrity on their ESG certification program which will help investors, regulators and other stakeholders feel confident in their assessment of leading investors’ ESG programs.”

K2 Integrity’s ESG certification program provides managers with independent and rigorous reviews of their products to certify that they comply with local ESG regulations and meet their ESG objectives as advertised to help address the issue of greenwashing at the industry scale. This offering builds on the company’s long-standing reputation for helping customers address all forms of risk and meet regulatory and compliance requirements. Novata’s software platform provides clients with a clear starting point for selecting relevant ESG metrics and offers simple data collection into a secure database, as well as analytics to inform investment decisions and reporting capabilities. reporting for key stakeholders.

Andrew Rabinowitz, Co-CEO of K2 Integrity added: “The need to validate and quantify ESG initiatives has never been greater. We believe there is an increased demand for transparency, oversight and strong ESG practices from stakeholders, regulators and the investment community to address important issues such as diversity, equity and inclusion, sustainability and strong governance, and fight accusations of greenwashing. It’s great to partner with Novata, the leading provider of ESG data management software, on our industry-leading ESG certification solution, which will help managers and funds verify with investors and regulators that their offerings are actually aligned with what is advertised.

K2 Integrity’s ESG certification solution combines analysis of company disclosures with its own independent investigative research to assess whether managers and funds are compliant with how their products are advertised as well as jurisdictional regulations. The solution also assesses whether the appropriate ESG objectives have been set and whether these objectives are achieved.

To learn more about K2 Integrity’s ESG certification solution, visit www.k2integrity.com/en/newsroom/news-releases/k2-integrity-launches-first-of-its-kind-esg-certification-program.

To learn more about Novata and its ESG data monitoring tools, please visit their website at www.novata.com.

About Novata

Novata is a public benefit corporation created to enable private markets to achieve a more sustainable and inclusive form of capitalism. Novata helps GPs and private companies more easily navigate the complex ESG landscape by providing a single technology platform that simplifies the process of selecting relevant metrics, clear and simple guidance for painless data collection, state-of-the-art secure contributory database to store data and unique analysis tools and transparent reporting for key stakeholders, including sponsors and regulators. Novata was created as a partnership between the Ford Foundation, S&P Global, Hamilton Lane and Omidyar Network and is majority controlled by mission-driven organizations and its employees. For more information, please visit https://www.novata.com/.

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About K2 Integrity

K2 Integrity is the leading financial crime and risk advisory firm that helps clients understand and manage their risks so they can lead with confidence. With some of the most skilled practitioners in the industry, K2 brings together deep subject matter expertise with proprietary technology and digital offerings to help clients creatively solve today’s problems while planning for the future. With offices in New York, Washington, DC, London and Abu Dhabi and over 400 employees worldwide, K2 has in-depth knowledge and experience working in every region and many jurisdictions around the world. To learn more about how K2 Integrity is revolutionizing risk management, visit www.k2integrity.comor follow us on Twitter or LinkedIn.