Novata vs Morningstar Sustainalytics
A side-by-side comparison of Novata and Morningstar Sustainalytics — two options for legal, compliance & esg. Pricing, features, and honest pros and cons.
Category
Legal, Compliance & ESG
Legal, Compliance & ESG
Rating
4.1 / 5
4.0 / 5
Pricing
Enterprise / Custom
Enterprise / Custom
Best for
GPs standardizing ESG data across portfolios
Investors screening ESG risk at scale
Key features
- ESG data collection from portfolio companies
- Standardized metrics and frameworks
- Benchmarking
- LP reporting
- Carbon and diversity tracking
- ESG risk ratings
- Controversy monitoring
- Product involvement screening
- Carbon and climate data
- Research reports
Pros
- Purpose-built for private markets ESG
- Aligns to recognized frameworks
- Simplifies portfolio-wide data gathering
- Widely recognized ESG ratings methodology
- Broad company coverage
- Useful for screening and diligence
Cons
- Value depends on portfolio company participation
- ESG reporting requirements still evolving
- Coverage skews to public companies
- Enterprise pricing