Companies are increasingly using satellite data to monitor supply chains, both in reactive ways—by keeping a check on risks such as deforestation, pests, and fires in areas where they have known operations or partners—and in proactive ways, by tracking intended positive impacts, such as tree planting or reforestation.
Freely available satellite data, both past and present, offers companies a means to map and monitor their impact on forests and forest communities, motivating companies to rethink their supply chains.
“Satellite-based sustainability data can be the ‘currency’ of #ESG impact monitoring. There are already assurance agencies to make sure sustainability data is reliable. Satellite data can make a huge difference to verification”.