Nossa Data is revolutionising ESG data management and analytics with the aim to become a global leader in providing environmental, social and governance [ESG] technology. Nossa Data was founded by a team that is collectively driven by a core belief that companies need to adequately measure and improve their ESG performance in order to outperform in the long run.
Nossa Data was founded by Julianne Sloane and Irina Dumitrescu. The team saw that the explosion of demand for ESG data from investors and regulators was leading to very real impacts for companies.
Companies are getting put under a magnifying glass on everything from environmental impact, employee health and cyber security to their supply chain. This means that ESG performance has a big impact on how a company is perceived by investors and on their cost of capital. A 2020 McKinsey report, one of many of its kind, estimates strong ESG disclosures = 10% decrease in cost of capital.
However, we did not see a tool available for companies to that adequately helps them with gathering and reporting their ESG information efficiently.
We decided to build this tool.
Our approach brings technology and artificial intelligence solutions to the entire ESG process for companies. We are building it with a team of experts from the world of ESG, institutional investment, enterprise technology and start-ups.