Ernst&Young launched a platform based on the Ethereum for tracking emissions CO2 - Bits Media

British audit company Ernst&Young (EY) launched a beta version of the platform based on the Ethereum blockchain, with which enterprises will be able to track their carbon dioxide emissions.

Ernst&Young reported, that now the Ey Opschain ESG platform is available in beta version for Platforms Ey Blockchain Saas. The decision will allow enterprises to track and measure their carbon trace, left in the atmosphere, And in the future, corporate clients of the platform will be able to tocenize their carbon emissions, Having received carbon loans.

The company said, that Ey Opschain ESG was created in accordance with international standards, developed by the non -profit organization Interwork Alliance (IWA) For tokenized ecosystems. It means, that enterprises will issue unchanged reports on their current emissions CO2.

Tokenization will give organizations a clear idea of their carbon emissions, motivating them to work in accordance with ESG policy (Environmental, Social and corporate administration). Besides, Thanks to the transparency and decentralization of the blockchain, between consumers, partners and regulatory authorities will be provided with a high level of trust, Approves Ey.

Recall, what in 2020 Year of the World Economic Forum (WEF) also presented the COT platform based on blockchain for tracking carbon emissions. The site is intended for mining and metallurgical enterprises. IN 2021 The year Vekhain has also launched the Digital Carbon FootPrint system to account for carbon dioxide emissions.