Article: Blockchain is the Panacea for ESG Data Woes

Blockchain, Governance, Innovation

Blockchain is the Panacea for ESG Data Woes

An oft noted major challenge lies in consistent ESG reporting or score uniformity across variegated frameworks and standards such as the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) —  with others still being formed. Talk of a uniform set of standards to garner “apples to apples” comparisons is increasing in focus. Yet this obstacle is a bit of a red herring: disparate score cards.

Instead of such hefty focus on frameworks, bandwidth needs to go toward companies’ ability to capture real-time sustainability data to then power environmental performance strategies. Proving traction against carbon-neutrality goals will require an external metric, yes, but most importantly will be reliant on technology that can generate accurate, auditable and accountable sustainability measurements, reporting and, thus, records to track against. The technology that will fulfill this pivotal role is blockchain.

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Article: Blockchain Technology Now Tracking Carbon Emissions for Mining and Metals Companies

Blockchain, Innovation

Blockchain Technology Now Tracking Carbon Emissions for Mining and Metals Companies

The World Economic Forum, known as the WEF, is responsible for a variety of projects created with the goal of enhancing public-private cooperation.

One of these projects is the ‘Mining and Metals Blockchain’ initiative, a new project designed to “more accurately trace emissions across the value chain using distributed ledger technology” according to a WEF news release.

This new platform, known as the Carbon Tracing Platform (COT), is designed to trace carbon emissions from “mine to final product.”

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