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Sustainability Reporting Software Provider Novisto Raises $27 Million

Sustainability Reporting Software Provider Novisto Raises $27 Million

Sustainability reporting software provider Novisto announced today that it has raised $27 million in a Series C financing round, with proceeds aimed at enhancing its ESG software platform and accelerating its presence across Europe to address the “huge market opportunity” to streamline and simplify sustainability reporting. Founded in 2019, Montreal-based Novisto provides sustainability data management and reporting software for global…

Not all fashion names are cut from the same cloth

Not all fashion names are cut from the same cloth

The fashion industry has long been in the crosshairs of sustainability-conscious consumers – and increasingly, investors – for contributing to global waste, carbon emissions and poor labour practices. Much of the scrutiny centres on fast fashion – the high-turnover, low-cost model that continues to dominate sales on the high street and online platforms. This segment, which thrives on cheap production,…

Not all fashion names are cut from the same cloth

The fashion industry has long been in the crosshairs of sustainability-conscious consumers – and increasingly, investors – for contributing to global waste, carbon emissions and poor labour practices. Much of the scrutiny centres on fast fashion – the high-turnover, low-cost model that continues to dominate sales on the high street and online platforms. This segment, which thrives on cheap production,…