Decarbonisation in the commercial shipping industry, which accounts for 90% of world trade, is a high-profile global issue which affects all relevant stakeholders, such as financial institutions, insurance companies, investors and regulators.
The problem all the stakeholders face is the absence of reliable, auditable and timely data to power financial decisions and manage ESG risks in the day-to-day business operations. It has been proven statistically that no one knows who uses $25billion worth of bunker fuel each year, which translates into 150 million metric tonnes of CO2.
Satva Trust built the very solution so needed by the industry players.
We use satellite, terrestrial and static data through our proprietary AI/machine learning model to bring new independent data which is then stored on a secure blockchain.
£300,000 pre-seed raise (£90,000 raised)
Minimum investment £25,000