Global investment group La Caisse has finalized a strategic equity investment in Novisto, a corporate sustainability management platform, to accelerate the software firm’s international expansion and enhance data infrastructure for the low-carbon economy. The financial terms of the transaction were not disclosed.
The capital injection arrives as multinational corporations face a tightening regulatory landscape, including the phased implementation of the European Union’s Corporate Sustainability Reporting Directive (CSRD) and mandatory climate disclosure laws in California. Novisto’s software streamlines the quality, traceability, and auditability of extra-financial data, helping companies transition their environmental, social, and governance (ESG) reporting from basic compliance into integrated corporate governance.
The transaction directly aligns with La Caisse’s 2025–2030 climate strategy, which prioritizes backing technological solutions that facilitate industrial decarbonisation. The investment also formalises an existing enterprise relationship; several major entities within La Caisse’s asset portfolio—including aviation training leader CAE, renewable energy producer Boralex, and multinational retailer Alimentation Couche-Tard—already utilize Novisto’s software architecture to manage their carbon accounting and non-financial disclosures.
“Our commitment to Novisto, a Québec-based company with a strong presence both locally and abroad, reflects our desire to support companies offering concrete solutions to the major challenges of our time,” said Kim Thomassin, Executive Vice-President and Head of Québec at La Caisse. “By helping organizations better structure their sustainability data, Novisto contributes to accelerating the transition to a greener economy. This investment also enhances our portfolio while fostering greater synergies and the sharing of expertise.”
As global accounting standards increasingly demand that sustainability metrics mirror the rigor of traditional financial reporting, the role of specialized software-as-a-service (SaaS) platforms has expanded significantly.
Charles Assaf, CEO and co-founder of Novisto, emphasized that institutional backing is critical to validating the maturity of the ESG data sector. “The management and reporting of sustainability data have become a pillar of corporate resilience,” Assaf stated. “La Caisse is a global leader in sustainable investment, and this partnership confirms Novisto’s role in the transition. Together, we provide the world’s largest organizations with the auditable data necessary to move from climate commitments to verifiable climate action.”
The partnership will fund ongoing product development at Novisto, focusing on expanding automated data ingestion, predictive transition modelling, and interoperability features to accommodate evolving global baseline disclosures.
