Novisto launched Novisto Materiality, an on-demand double materiality assessment tool embedded in its core sustainability platform. The solution digitizes the full materiality workflow, replacing static consultant-led reports with a continuous, auditable process that can be rerun as business needs change.
Powered by GIST Impact's methodology, the tool uses standardized, evidence-based scoring to generate impact and financial materiality scores for each topic. It includes guided data capture, stakeholder surveys, decision documentation and an audit trail designed to support CSRD, ISSB and GRI reporting within a single system.
By integrating materiality into the platform, Novisto aims to strengthen data lineage and streamline the path from assessment to disclosure. Companies can run assessments on demand, for example when evaluating acquisitions or updating risk profiles, and link material topics directly to disclosure requirements and data collection plans.
Separately, the European Banking Authority's latest ESG risk dashboard shows that EU and EEA bank climate-related risk exposures remained broadly stable in the second half of 2025, while the quality and availability of climate data improved. The share of bank exposures to sectors that highly contribute to climate change stayed at around 62% between June and December 2025, with only limited changes across jurisdictions.
The distribution of mortgage exposures across energy-efficiency categories also remained largely unchanged. The proportion of highly energy-efficient mortgage exposures at or below 100 kilowatt-hours per square meter rose slightly, while the share of exposures without energy performance information and the use of estimated energy performance scores fell marginally, indicating better data on banks' real estate portfolios.
Exposures sensitive to physical climate risk were stable across most countries, but significant differences persist between jurisdictions, with average exposure shares ranging from below 10% to above 55%. The EBA attributes this variation to differences in geography, economic structure, sectoral composition and risk assessment methodologies.
In carbon markets, Brazilian reforestation startup Mombak delivered its first Amazon carbon removal credits more than two years ahead of schedule. The company said the credits were delivered to buyers including Google, McKinsey and McLaren Racing, all of which had expected to receive them in 2028. Bain & Company, Climeworks, Commons and Union Square Ventures also received credits from the initial issuance.
Mombak restores degraded farmland and pasture in Brazil's Amazon rainforest by planting native tree species, generating credits from the carbon dioxide captured by the forests. The startup has planted nearly 15 million trees across 12 farms in the Amazon, and this first issuance amounts to more than 21,000 metric tons of carbon dioxide removed from the atmosphere. Mombak expects a larger issuance of an additional 55,000 credits in late 2026.
Bain & Company appointed Matteo Capellini as Global Head of its Sustainability Value Creation Solution, the firm's practice focused on integrating sustainability strategies into core business strategy to turn ESG commitments into measurable value. Capellini, a Bain partner since 2018, most recently led the firm's sustainability practice in Italy and served as the global connector between Bain's sustainability and retail teams.
His remit will cover Scope 3 decarbonization, circular economy models and sustainability-led product development across sectors including fashion and luxury, beauty, retail and consumer products. Bain describes the role as a response to client demand for ESG programs that deliver financial and operational results, not just compliance or reputational benefits.