The move by the two Edinburgh-headquartered companies, which both have international operations, reinforces the reputation of the Scottish capital as a global centre of excellence for environmental data services and solutions. Ecometrica was recently highlighted by Verdantix, an independent analyst firm, as one of the top 15 sustainability software brands in the world.
Nigel Douglas, chief executive of GSi, said: “Ecometrica’s technology was identified as the most advanced system for distributing geospatial content products, such as satellite and climate data, providing an edge over other technologies by allowing users to run complex queries in the cloud in real time. The team is at the forefront of developing solutions that address these issues, while providing future-proofing through scalability.”
GSi provides intelligence on the amount of carbon that can be stored and absorbed by trees and vegetation across the entire planet’s surface. The company is spearheading the provision of annual land cover maps and biophysical maps.
Dr Richard Tipper, chief executive of Ecometrica, added: “We look forward to working with GSi to support its global forest monitoring services. This development will allow investors and those managing the supply chain to react quickly to environmental and market developments.”
OE provides easy access to interactive spatial data from satellites and other data layers. Such insight allow corporates and investors without specialist knowledge of geographic information systems to better understand the environmental impacts of forestry, carbon stocks, biofuels and other land-based products, such as sustainable coffee plantations or cotton.
GSi’s data adheres to the Intergovernmental Panel on Climate Change (IPCC) the Good Practice Guidance (GPGs) for Land Use, Land Use Change and Forestry (LULUCF). It is the only monitoring and remote sensing solution which adheres to the GPGs and the only solution that provides historical carbon stock and sequestration back data with global coverage. The company has been identified by Scottish Enterprise as a future global player and is part of the organisation’s High Growth initiative.
Ecometrica is a company of world-leading specialists and experts in the provision of web-based services in greenhouse gas accounting (GHG), land use and ecosystem assessment services, climate change policy and remote sensing. It helps private, public and non-profit sectors meet their sustainability challenges, reduce costs and increase overall performance by measuring environmental impacts from carbon, energy, paper, waste and water management, all the way through to full supply chain accounting.
Following an independent review by PricewaterhouseCoopers, Ecometrica became the first environmental accounting provider to secure assurance of audit readiness in line with the International Standard on Assurance Engagements 3000 and, the Institute of Chartered Accountants in England and Wales’ Code of Ethics, for its GHG accounting software Ecometrica Sustainability.
With offices in London, Edinburgh, and Montréal, Ecometrica has a global reach and unrivalled experience in the development and application of all major standards for GHG accounting, ecosystem change measurement and monitoring.
Ecometrica’s mission is to make accounting for GHG emissions and ecosystem changes easier for all organisations, including business and government, by making its expertise available through a comprehensive range of web-based and professional consulting services.
In February 2013, GSi closed £400k of funding from Par Equity and the Scottish Investment Bank to take this innovative and patent pending data service to market. GSi’s core solution provides big data analytics for earth observation data and it intends to bring other environmental data service to market. Having offices in the UK and USA, GSi’s visions is to be globally recognised as the company that made the difference to environmental intelligence.