ST Engineering, EY sign space tech and geospatial deal to promote sustainability

Part of the agreement is using geospatial data to formulate sustainability roadmaps focusing on five key areas.

According to a statement, both parties will look into using geospatial data to come up with sustainability roadmaps and forming a joint sustainability product development working group to focus on five key areas: deforestation; water management and quality; compliance with Taskforce on Nature-related Financial Disclosures or Task Force on Climate-Related Financial Disclosures requirements; carbon accounting; and baselining environmental impacts.

The programme will be supported by EY Space Tech which combines satellite imagery and artificial intelligence to help deliver earth observation analysis and services to clients through the EY Space for Earth Platform. Also to be utilised is ST Engineering Geo-Insights’ analytics, information products, and value-added services based on satellite imagery to address the growing global demand for timely insights.

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