The Work Index by Flexa

Novata

Novata is a B-corp certified public benefit corporation focused on empowering private markets to achieve a more sustainable and inclusive form of capitalism.

https://www.novata.com/
6.0

/10

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Description

Novata is a mission-driven public benefit corporation that specializes in sustainability management for private markets. Founded by a unique consortium of organizations like the Ford Foundation, Omidyar Network, S&P Global, and Hamilton Lane, Novata provides a comprehensive solution for private equity, private credit, venture capital, and limited partners to collect, analyze, benchmark, and report ESG (Environmental, Social, Governance) data. The company's goal is to empower the private markets to achieve a more sustainable and inclusive form of capitalism.

Novata offers a range of products and services, including a data management platform, advisory practice, and educational resources. The company's software platform streamlines data collection, project management, scoring, and analytics, while its advisory practice offers expertise on ESG strategy, performance management, reporting, regulatory compliance, and risk assessment. Novata also provides educational content, including podcasts, webinars, and articles, to help clients stay informed about the latest ESG trends and best practices.

Flexibility

Novata offers a flexible work environment with full support for remote work, which means employees have the option to work from home or from the office in New York City. They offer robust leave policies including paid time off, parental leave, and volunteer time off. This demonstrates their commitment to providing a work-life balance and flexibility for their employees.

Hybrid

Benefits

Novata offers a comprehensive benefits package designed to support employee well-being and career growth. This includes competitive salaries with annual reviews, equity in the company through a stock option plan, comprehensive health, dental, vision, and life insurance, along with flexible spending accounts and 401k matching. Employees are also provided generous paid time off, volunteer time off, and parental leave policies, encouraging a healthy work-life balance. Furthermore, Novata prioritizes professional development opportunities and offers a flexible work environment that supports remote work.

Enhanced parental leave

Mission

Novata is a B-Corp certified public benefit corporation with a mission to empower private markets to achieve a more sustainable and inclusive form of capitalism. They provide data management software and advisory services to private markets, helping them collect, analyze, and report on ESG metrics, ultimately aiming to drive positive change in the financial industry and promote a more equitable and sustainable future.

Automation
Data-driven
Disruptor
Environmental impact driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Novata promotes a collaborative and mission-driven culture where employees are encouraged to embrace their diverse backgrounds and work together to achieve ambitious goals. The company values a positive and results-oriented attitude, fostering a dynamic environment where innovation and problem-solving are encouraged. Novata emphasizes a strong commitment to personal and professional development, providing opportunities for growth and offering competitive benefits and flexible work arrangements.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Novata is committed to fostering a diverse and inclusive culture that values individual differences. They recognize the importance of representation across all levels of the organization, including leadership, and actively work to close the gender gap. Novata encourages their employees to bring their authentic selves to work, providing opportunities for professional development and fostering a sense of belonging. They are committed to creating an environment where everyone feels safe, respected, and empowered to contribute their unique perspectives and experiences.

Ethnically diverse
Gender diverse

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