The GDF ESG Working Group has published their guidance for ESG reporting for the digital asset ecosystem, the output of the work they have done this year. Gathering input from the cryptoasset community, the working group set out to determine the key considerations and principles for understanding the climate impact of digital asset firms across the value chain.
Through promotion of accurate, transparent methodologies, and improved data collection, this guidance is aimed to support clearer, more accurate, and greater comparability of reported emissions impact and forward-looking targets for various digital assets. By promoting an industry-wide approach that recognizes methodological and data realities for different parts of the digital asset value chain, this guidance aims to support development of metrics for current emissions as well as to support short-, medium- and long-term targets for digital assets that are aligned with global Net Zero Emissions by 2050 and the target to limit global temperature rise to 1.5° C.
The first version of this report is open for feedback from the community. Please send comments and thoughts to [email protected]