ESG Post

In Brief

THA, Deloitte launch environmental & social impact platform

The Hashgraph Association (THA) has partnered with Deloitte to enhance corporate ESG impact and sustainability verifications. The Environmental & Social Impact (ESI) platform, is an advanced solution based on distributed ledger technology (DLT) developed by Deloitte and implemented on the Hedera DLT public ledger. This platform is designed to convert corporate ESG efforts into credible, verifiable claims. By utilising transparency, security, and immutability of blockchain technology the ESI platform ensures data integrity and streamlines the verification of sustainability claims.

The ESI platform aligns with the United Nations’ Sustainable Development Goals (SDGs) and adheres to various ESG standards. It allows companies to effectively measure and capitalise on their sustainability impacts, demonstrating their commitment while complying with regulatory requirements. This strategic alignment is essential in bridging the credibility gap often found in corporate sustainability assertions.

Kamal Youssefi, President of The Hashgraph Association said, “Through the ESI platform, we are not just setting benchmarks but rewriting the rules of accountability on a global scale and bringing the planet’s balance sheet to the public ledger.”