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Novata

Carbon Accounting

Estimate emissions, calculate Scope 1, 2, and 3, set targets, and respond to carbon and sustainability questionnaires—all in one platform.

The End-to-End Solution for Every Part of Your Carbon Journey

Step 1

Collect

Gather emissions data

Step 2

Calculate

Measure Scope 1, 2, and 3

Step 3

Report

Generate disclosure-ready outputs

Step 4

Act

Define targets and pathways to achieve them

Novata Carbon Navigator

  • Calculate Scope 1, 2, and 3 emissions
  • Use APIs and AI-assisted document parsing to automate data collection
  • Ingest spend data and auto-map it to supplier categories
  • See emissions by location or activity type
  • Set flexible targets across key sustainability metrics, including carbon emissions
  • Model emissions scenarios, test assumptions, and understand the cost and impact of reduction actions over time
  • Confidently report data, backed with an investor-grade audit trail

Novata Emissions Estimates

  • Estimate Scope 1, 2, and 3 emissions instantly using industry, company size, location, and revenue, with transparent calculations and statistical backing.

  • Fill data gaps and simplify reporting with Novata’s emissions proxy data when primary data isn’t available. Estimate emissions across funds and portfolio companies to support SFDR and other reporting frameworks.

Image: Carbon Accounting For Companies & Investors | Novata
Image: Carbon Accounting For Companies & Investors | Novata

Financed Emissions

  • Align data collection with PCAF standards and carbon-related regulations
  • Receive a financed emissions output table, including data quality scores by asset class and sector
  • Get key data insights and discover carbon hotspots
Image: Carbon Accounting For Companies & Investors | Novata
Image: Carbon Accounting For Companies & Investors | Novata
Image: Carbon Accounting For Companies & Investors | Novata

Trusted Emissions Reporting, Built for Microsoft Suppliers

  • Calculate Scope 1, 2, and 3 emissions in line with Microsoft expectations using Novata Carbon Navigator
  • Validate emissions with Novata experts, mapped to the goods and services delivered to Microsoft by reference unit and UNSPSC code
  • Receive a fully prepared Microsoft compliance letter detailing methodology and emissions figures, formatted exactly to Microsoft’s specifications
Image: Carbon Accounting For Companies & Investors | Novata
Image: Carbon Accounting For Companies & Investors | Novata

Novata Advisory Solutions

Engage with Novata Advisory for hands-on expert support engagements layered on top of Carbon Navigator:

  • Establish Scope 1, 2, and/or 3 emissions baseline
  • Define credible, achievable emissions reduction targets
  • Align carbon goals with stakeholder expectations or science-based pathways, including SBTi
  • Calculate and interpret PCAF-aligned portfolio emissions

Used by Thousands of Companies Worldwide

FAQ

What is carbon accounting and why does it matter?

Carbon accounting is the process of collecting, validating, and reporting carbon emissions data, including Scope 1, 2, and 3 emissions.

Emissions data informs climate strategy, risk assessment, regulatory compliance, LP reporting, and stakeholder transparency. Novata provides a structured platform to manage carbon data consistently over time.

How does Novata make carbon accounting easier?

Novata simplifies carbon accounting with the Novata Carbon Navigator, a guided tool that centralizes emissions data in one platform.

Carbon Navigator helps teams identify relevant emissions categories, calculate Scope 1, 2, and 3 emissions, and track performance over time without relying on spreadsheets or custom-built systems.

Can Novata help with setting and tracking carbon reduction targets?

Yes. Once emissions data is collected and validated, Novata enables teams to set baseline targets, track progress over time, and see emissions trends across years or business units. This supports internal planning, investor reporting, and external disclosures without additional tools.

Novata also offers emissions projections, which are purpose-built for carbon planning. Powered by data from Carbon Navigator, it helps users model emissions scenarios, test assumptions, and understand how different actions could affect emissions over time—including the financial cost of each action.

How is carbon data managed across multiple entities or business units?

Novata’s platform is built for multi-entity carbon reporting, allowing you to roll up data from subsidiaries, portfolio companies, or operating units without losing transparency.

What integrations does Novata’s Carbon Navigator support?

Novata supports API-based integrations to bring in carbon-related data from energy systems, procurement tools, and external data sources. This reduces manual data entry, improves accuracy, and helps teams maintain consistent emissions tracking.

Can the carbon data I collect be reused for ESG reporting and disclosures?

Yes. Carbon data collected in Novata is structured for reuse across ESG reporting, investor questionnaires, stakeholder disclosures, and regulatory compliance.

All your carbon needs.
All in one platform.

Collect data, estimate or calculate Scope 1, 2, and 3 emissions, set targets, and report with investor-grade rigor.