Broadridge Partners with Novisto to Launch Advanced Sustainability Reporting Platform

On Wednesday, Broadridge Financial Solutions Inc. (NYSE:BR) partnered with Novisto to introduce an advanced sustainability data management and reporting platform for global companies.

This partnership will enable organizations to meet evolving investor expectations, simplify third-party questionnaires and rating agency requests, optimize supply chain transparency, and enhance stakeholder engagement on a global scale.

The General Manager of Broadridge Corporate Issuer, Ryan Wade, emphasized that with focus from investors and regulators globally on sustainable business models, companies must implement effective means to capture, analyze, and report on material sustainability data. Broadridge's corporate issuer division serves over 3,400 public companies in the US alone, which provides a range of critical corporate solutions. Broadridge and Novisto together allow management teams to produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards.

The need for reliable sustainability data is increasingly critical as companies navigate complex global regulations, with the IFRS Foundation reporting in November 2024 that 30 jurisdictions are on the journey to introducing ISSB Standards.

Broadridge Financial Solutions Inc. (NYSE:BR) provides investor communications and technology-driven solutions for the financial services industry.

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Disclosure: None. This article is originally published at Insider Monkey.