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Satellite Vu publicly share carbon emissions data in major climate change commitment

Press Release From: Satellite Vu
Posted: Tuesday, January 25, 2022

Satellite Vu, an Earth observation company that offers the highest-resolution thermal imagery and insights, have published their carbon emissions data to the public in order to raise awareness and promote accountability towards business sustainability.

 

The COP26 summit at the end of 2021 reaffirmed the call for governments and businesses to take action against climate change. The global aim, initially crafted by an Intergovernmental Panel on Climate Change (IPCC) report, is to reduce carbon emissions by 50% by 2030, and 90% by 2050, and Satellite Vu have become one of the first major space companies to share their carbon emissions data publicly in a drive towards these goals.

 

Satellite Vu plans to launch the first of a constellation of satellites into orbit within a year. The satellite will collect thermal data, day and night, of both the natural and the built environment at any location on the planet. The full constellation will have the ability to measure the heat signature of any building multiple times a day, enabling Satellite Vu to derive new insights in real time about building heat loss, activity and insulation.  

 

The satellites will also monitor thermal water pollution across the globe with the aim of reporting pollution events in bodies of water. Monitoring could detail variations caused by oil refineries, wastewater treatment works and nuclear power plants. In addition to monitoring productivity and illegal activity, the satellites will also be able to validate Environmental, Social and Corporate Governance (ESG), creating opportunities to link pollution events to a company’s “Environmental”, or “E,” value in their ESG rating.

 

The carbon emissions data is be calculated using Satellite Vu’s bespoke calculator which uses similar calculations to those advice by the United National Framework Convention on Climate Change (UNFCCC). The data is to be displayed on a monthly basis.

 

Satellite Vu will take action on this data by seeking to reduce carbon emissions as their primary focus, evaluating and improving working models, transport options as well as flight testing. Carbon offset methods such as planting trees will also be utilised as means of counteracting satellite launching costs.

 

The carbon emissions data publication plan forms part of a wider sustainability programme being led by Satellite Vu which includes reviewing and improving working, transport and testing models as well as carbon offset plans to deal with flight testing and satellite launches as they seek to drive towards Net Zero. The carbon emission migration potential of the Satellite Vu service could potentially be over 100,000 time that of their emission today.

 

Satellite Vu hope their transparency through making their carbon emissions data publicly accessible will encourage other businesses to follow suit and take accountability and action towards climate change. 

 

Anthony Baker, CEO for Satellite Vu comments:

“We believe that governments and businesses need to practice what they preach when it comes to tackling climate change, and this new initiative will ensure that Satellite Vu is accountable and transparent in its approach to reducing carbon emissions.

 

“By becoming the first space industry company to proactivity publish its own emissions data, we will be able to keep track of our progress and constantly review and approve our approach. 

 

“Our initiatives will include investment in team training, guidance on the use of transport and travel, as well as smarter working to keep our offices and physical locations as green as possible.”

About Satellite Vu

Satellite Vu was founded to bring satellite technology to address our global challenges.  We will be able to monitor the temperature of any building on the planet in near real-time using a new satellite technology to determine valuable insights into economic activity, energy efficiency and carbon footprint.  Satellite Vu will effectively provide the Earth’s thermometer in Space.

 

Satellite Vu recently raised £15m in a Series A funding round. The satellites and applications development has also been supported by the UK Space Agency, via two National Space Innovation Grants and a European Space Agency (ESA) General Support Technology Programme (GSTP) grant.

 

We have also formally signed a deal with Surrey Satellite Technology Ltd (SSTL) to build the first of a constellation of satellites which is due to be launched into low earth orbit in Q4 2022.



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