Introduction
Blockchain technology is actively used in ESG (Environmental, Social, and Governance) projects due to its transparency and security. This helps to more effectively monitor and improve sustainable development.
Blockchain Use in ESG
Blockchain helps track carbon emissions, manage carbon credits, and ensure transparency in supply chains. For example, it is used for managing carbon credits, which helps companies reduce CO2 emissions and enhance environmental responsibility.
Examples of Use
- Carbon Credits: Blockchain allows for precise tracking and management of carbon credits, reducing emissions.
- Supply Chains: Transparency in supply chains helps meet environmental standards and reduce corruption.
- Social Initiatives: Blockchain contributes to transparency in charity and local community support.
Advantages
- Transparency: All data is accessible and immutable.
- Security: Information cannot be manipulated.
- Accessibility: Blockchain opens new opportunities for sustainable investments.
Conclusion
Blockchain plays a key role in ESG projects by improving the accounting and monitoring of sustainable initiatives and ensuring their transparency and reliability.
