Novata, a sustainability management partner for private markets, has announced a collaboration with Microsoft to integrate Microsoft Azure AI Foundry and Microsoft Fabric into its sustainability solutions, aiming to enhance data management and reporting for businesses globally. The collaboration seeks to expand access to Novata’s platform, including its Carbon Navigator, through Microsoft’s SME channel, making the technology available to small and mid-sized Microsoft customers and supply chain partners. A key aspect of the partnership involves the co-development of AI-powered tools designed to simplify sustainability data collection and reporting for clients, while also aiming to drive value creation. Additionally, Novata will support Microsoft suppliers in meeting their climate reporting obligations by providing tools for tracking, managing, and reporting sustainability metrics with improved accuracy and efficiency. Alex Friedman, CEO and Co-Founder of Novata, stated, “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.” Jeremy Pitman, Director of Partner Development, Digital Natives and ISVs – Tech for Social Impact at Microsoft, commented, “Our collaboration with Novata will enable a key segment of our clients to seamlessly and affordably integrate cutting-edge sustainability technology into their operations, empowering them to reduce their carbon footprints and meet their emissions goals.” Since its commercial launch in April 2022, Novata’s all-in-one solution for sustainability data management, carbon accounting, regulatory reporting, and advisory services has seen significant global adoption. The platform is utilized by hundreds of general partners (GPs) across private equity, growth equity, private credit, and venture capital, supporting over 10,000 companies in major geographies. Clients using Novata’s platform manage more than $12 trillion in assets. Novata has been a portfolio company of Microsoft’s Climate Innovation Fund (CIF) since 2023. CIF focuses on accelerating the development and deployment of new climate innovations through both equity and debt capital. Novata operates as a certified B-Corp and Public Benefit Corporation, with a stated mission to empower private markets toward a more sustainable and inclusive form of capitalism.