KPMG Unveils Blockchain-Based CO2 Accounting Solution

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KPMG представила решение на базе блокчейна для учета выбросов CO2

The KPMG International Auditing Company has submitted a Climate Accounting Infrastructure solution (CAI) Based on blockchain for accounting and tracking greenhouse gas emissions into the atmosphere.

KPMG management reported, that thanks to the use of blockchain, the CAI system will provide safe Storage of data on environmental data. This will help in assessing climatic risks, which may affect the market value of the property.

The project is aimed at that, In order for organizations to apply an “ecological” approach to assessing the suitability of enterprises for long -term investments. The system uses the Internet sensors of things (IoT), collecting information from external sources of data on carbon release, Then these data are recorded in the blockchain.

Suppliers of Context Labs and Prescriptive Data have participated in the development of the project, as well as Allinfra, Blockchain working in the industry. CONTEXT Labs complements the data, provided by environmental organizations, And then they are stored in the blockchain along with production and financial information.

The head of the blockchain direction in KPMG Arun Gosh (Arun Ghosh) considers, that the blockchain will provide transparent reporting, And this will help to earn even greater confidence in shareholders and other interested parties. He said:

“In addition to finance, Investors began to pay special attention to environmental factors, social issues and intra -corporate relations. The initiative to reduce greenhouse gas emissions found support among investors. Blockchain will help organizations model the influence of climatic risks on business processes and financial indicators. In this case, environmental data will be used and their in -depth analysis in real time ".

Recall, that in March, Yale University began to use the Hyperledger blockchain to track carbon emissions. Besides, Researchers of the World Economic Forum (WEF) They revealed more 65 ways to use blockchain to solve environmental problems.