These companies are using blockchain to improve ESG compliance for the mining industry

These companies are using blockchain to improve ESG compliance for the mining industry
HeadlinesNewsThese companies are using blockchain to improve ESG compliance for the mining industry

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These companies are using blockchain to improve ESG compliance for the mining industry

CryptoSlate2 months ago
Published on May 22, 2022 02:00 GMT+00:00edited on May 23, 2022 21:29 GMT+00:00

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Sentient Equity Partners has joined the xx network to use its blockchain ecosystem to post its ESG compliance data in a public and transparent matter.

As part of its efforts to increase transparency, Sentient will also collaborate with C02 Labs and the xx network to develop a platform for mining operations’ ESG compliance.

While neither Sentient nor xx are household names in the blockchain industry yet, their collaboration marks an essential step in integrating blockchain technology into the broader mining industry.

Blockchain and ESG are a match made in heaven

ESG reporting is the disclosure of environmental, social, and corporate governance data. As with all disclosures, its purpose is to shed a light on a company’s ESG activities, usually to appease local environmental and …