Frequently asked questions
Floodlight is a geospatial data intelligence company providing an extensive catalog of Environmental, Social, and Governance Datasets by leveraging ground sensors, aerial satellites, and artificial intelligence.
The majority of ESG providers on the market right now are providing company reported data. This means that they are taking data from corporate sustainability reports, annual and quarterly reports, and other non verifiable sources. Floodlight uses scientifically provable instruments to collect data which allows for verification and accuracy.
There are currently two ways that scope emissions are calculated at a facility level. The first is for a surveyor to fly out to each location, recording relevant site information to calculate scope 1 and 2 emissions. The second method is when a company fills out an extensive questionnaire on their facility. Each of these methods can take many months to complete and are often not completely accurate.
Floodlight uses a combination of scientific instruments and academic models. The main instruments used are satellite and ground sensor networks.
We recently acquired a large private equity client who is using our data to review scope 1 and 2 emissions from a target company when advising on an acquisition. We were successfully able to reduce their timeframe for collecting this data from 5 months to just four days. We are able to integrate our data into most uses, just ask.
Depending on the use case, down to 1-meter. Other use cases are between 10-15 meters.
Data delivery is dependent upon the client use case. We can provide data in its raw form, create a custom report from it, or present it in almost any format that matches your use case.