SANTA CLARA, Calif., Nov. 11, 2021
Satellite and AI-powered Platform to be Used by Utility, Energy and Other Companies to Measure, Enhance, Track, Report and Offset Biodiversity, Natural Capital, GHG Emission & Other Sustainability Metrics for Land, Air and Water
SANTA CLARA, Calif., Nov. 11, 2021 /PRNewswire/ -- AiDash, a leading provider of satellite and AI-powered operations, maintenance and sustainability platform, today announced the launch of its Intelligent Sustainability Management System (ISMS) to help companies achieve their sustainability goals including the 10 percent biodiversity net gain by 2030. The new ISMS SaaS solution, would enable customers like National Grid, a leading energy company, to meet the biodiversity net gain standards (BNG) and increase cost savings and other efficiencies by eliminating frequent land surveys that are currently performed manually.
AiDash developed ISMS over the past 9 months, working closely with the National Grid Partners Innovation team. The unveiling today at 4 PM at the COP26 UN Climate Change Conference in Glasgow is led by Stephen Marland, Director of Innovation at National Grid Partners, alongside Abhishek Singh, CEO of AiDash.
Organizations with large landholdings, such as National Grid and other utilities, energy, water and wastewater companies, face the challenge of using traditional on the ground surveying methods to accurately map the land type and understand and measure the biodiversity level of each habitat. The cost and process complexities of using these methods can often hinder the implementation of natural capital enhancement plans for progressive, environmentally conscious organizations.
The UK's Environment Bill legislating the BNG, when approved, would further strengthen the planning powers in England mandating at least the 10 percent net gain in biodiversity for all new developments and raise the imperative of land sustainability across many sectors.
In a recent survey by SAP and Oxford Economics, 50 percent of utility and energy executives said increased process complexity is a hindrance to meeting sustainability goals.
"Sustainably responsible organizations are struggling to find integrated operations platforms that can help them stay on top of their goals and meet the regulations within their sectors," said Abhishek Singh, Co-founder and CEO of AiDash. "Existing tools and techniques lack the ability to analyze historical data and make data-driven environmental improvements. Our new platform solves this problem, allowing organizations to achieve resource efficiency and implement individual Sustainable Development Goals (SDG). Any organization and/or government body with large land or water assets can benefit from ISMS."
The ISMS 'Land' module would help customers reduce laborious fieldwork through the AI-backed image analysis for systematic mapping, planning and assessing land enhancements, and quantify biodiversity to plan sustainable land development and restoration initiatives based on the environmental value of varying habitats. The GHG emissions are measured across sources like well pads and gas pipelines through the ISMS 'Air' module.
"At National Grid, we are committed to improving the Environmental Value across our sites in the UK by 10 percent by 2026, from a natural capital and biodiversity baseline," said Prem Gabbi, Head of National Grid Property. "It's a crucial step in helping us achieve our regulatory obligations and enabling us to make our contribution towards addressing the biodiversity crisis and climate change. Collaborating with AiDash's satellite-powered Intelligent Sustainability Management System could enable us to make environmental surveys and audits, relatively seamless, while saving weeks of manual labor in the field work. This means we could efficiently leverage repeatable and transparent satellite data to design optimal strategies for enhancing the biodiversity across c.3500 hectares of non-operational National Grid land in the UK and regularly monitor improvements while reallocating internal resources."
The AiDash Intelligent Sustainability Management System is officially launching today from 4 PM - 5 PM, local Glasgow time at SEC Glasgow, at the National Grid Green Zone booth at COP26 where National Grid and AiDash representatives will present the new system.
AiDash is an AI-first vertical SaaS company enabling satellite and AI powered operations, maintenance and sustainability for industries with geographically distributed assets. AiDash uses high-resolution multispectral and SAR data from the world's leading satellite constellations that are fed into its proprietary AI models to make timely predictions at scale. These AI models empower AiDash's full-stack applications that transform O&M for utility, energy, transportation, water and wastewater, mining and construction companies. For more, visit www.aidash.com.