Consumer trust, greater transparency, and granular traceability—blockchain Gotham has the power to eliminate greenwashing from ESG reporting.
.svg)
.svg)
.svg){kind=icon}
The distributed ledger helps companies measure the impact of their business on the environment, down to the source of energy powering a plant, and know their records are immutable and true.
.svg){kind=icon}
Climate and social-related disclosures can be manipulated. The distributed ledger and the communal accountability offered by the blockchain makes real-time impact records available to consumers, investors, and regulators.
The immutability of the distributed ledger in the financial space is a model for how ESG metrics can be maintained across borders, throughout a supply chain, and across sectors—ensuring the granular data needed to tackle climate change.
Blockchain technology can track ingredients along a supply chain to ensure quality. This lets ESG managers report on the environmental impact.
ESG metrics are self-reported, which is easier for large cap companies with the right personnel. Gotham makes it easer for smaller companies.
We’ve talked about how to make supply chains more efficient. We can also apply chain-of-custody records to the sourcing of ingredients.
The World has made strides to unite global companies around standard metrics. But record keeping, sharing of data, and tracking sustainable efforts throughout the supply chain remains a challenge for many companies who want to grow responsibly and attract value-based investments.
In addition to measuring impact, companies need to choose a blockchain platform that is less energy intensive. Where Bitcoin’s Proof of Work requires a lot of energy to operate, enterprise solutions like Fabric, Geth, and Cord do not.
