Watershed, a SaaS-based carbon management solution provider, entered into a strategic partnership with Novata, a public benefit ESG data management platform, to offer an ESG data solution for private markets.
The partnership integrates Watershed’s climate expertise with Novata’s ESG know-how. Novata’s customers will gain access to a solution that offers ESG-related disclosure requirements and other investor requests to maintain ESG data transparency.
The company’s enterprise climate platform, “Watershed Finance,” analyzes, reduces, and reports climate emissions, allowing customers to identify emissions hotspots, and plan decarbonization strategies to meet global disclosure requirements.
Analyst QuickTake: During the same month, Watershed partnered with Workiva, a cloud-based ESG platform to offer customers with a consolidated audit-grade carbon emissions reporting solution. The partnership enabled customers to integrate Watershed’s carbon data into Workiva, offering teams investor-grade, audit-ready reporting to meet ESG disclosures while enhancing climate actions.
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