• Laurence Russell

Satellite Vu becomes a supporter of the Terra Carta – Sustainable markets initiative

Satellite Vu, the British Earth Observation company set to provide carbon emissions data across the globe, has become a supporter of HRH King Charles III’s Terra Carta – Sustainable Markets Initiative to promote climate action.

As members of the SMI Terra Carta mandate, Satellite Vu will help deploy valuable ESG-aligned data and analytics to provide vital carbon emissions knowledge to organisations in order to focus on targeted retrofitting projects and improve energy efficiency.

The Initiative provides a roadmap for acceleration towards an ambitious and sustainable future; one that will harness the power of nature combined with the transformative power, innovation and resources of the private sector.

Satellite Vu pledge to accelerate the attainment of six core aims, including global alignment, broadening sustainability, supporting protection and restoration on land and below water, consistent accounting, market-agnostic coordination, and being drivers of change.

Satellite Vu are set to launch a constellation of eight Mid-wave infrared (MWIR) thermal monitoring satellites into orbit to monitor carbon emissions output from buildings and urban heat islands, as well as detecting water pollution and fire spread.

Anthony Baker, Founder and CEO of Satellite Vu, commented: “We are proud to support the Terra Carta – Sustainable Markets Initiative as we collectively strive towards out global climate aims. Raising awareness of the need to take urgent action through measures such as targeted retrofitting is a crucial step to achieving the first stage of our climate goals by 2030, and leading even greater action towards 2050.

However, such action requires easily accessible, high-resolution data for organisations to optimally allocate funds to retrofitting projects for their worst offending buildings in order to make the biggest impact. The data collected by our satellites will play a key role in climate action, allowing businesses and governments to measure the carbon emissions output of their portfolios, and will also help to promote ESG accountability, particularly in areas such as water pollution.”