Cahill Represents S&P Global in Investment in ESG Reporting Platform Novata, Inc.
Cahill advised S&P Global’s Sustainable1 business in its founding investment in Novata, Inc., a newly-formed Delaware public benefit corporation created to help private equity firms and private companies navigate the ESG landscape. Directly informed by the needs of general partners and limited partners, Novata is designed to offer a vetted ESG reporting framework built around 10 critical metrics that consistently appear across leading ESG methodologies and a secure technology platform that provides a clearer view of ESG impact.
S&P Global, the Ford Foundation, asset management firm Hamilton Lane, and social change-focused investment firm Omidyar Network came together in a unique public-private consortium to launch Novata.
The Cahill team representing S&P Global includes corporate partner Helene Banks and corporate associate Tina Davis.