Environmental
- GhG Emissions
- Energy Use and Efficiency
- Air Pollutants
- Water Use
- Waste Management - Water, Solid, and Hazardous
- Use of Ecosystems
- Innovation in Environment - Friendly products and services
- Bitcoin uses a lot of energy but so does gold mining (also pollutes a lot) and so does the traditional financial system.
- Bitcoin mining increasingly use “trapped” energy
- Bitcoin mining drives renewable energy. Bitcoin mining uses 50-60% renewable energy whereas other industries are around 10-20% (US as a whole is 12%)
- Migrating from PoW to PoS. PoS is 34% now, 57% with ETH 2.0
- Blockchain and PoS-based financial systems are much less energy demanding than traditional financial systems
- Tokenization will use primarily PoS protocols and be much much less energy demanding than the traditional securities processing ecosystem Support and functionality for green certified buildings
Social
- Diversity and Equal Opportunity
- Poverty and comunity Impact
- Supply Chain Management
- Customer Privacy
- Local Communities
- Freedom of Association
- Human Rights
- Bitcoin improves the lives of 3.5b people with financial inclusion, wallets for non-banked people, giving them control over their own savings
- 8% of all US-Mexico remittance now goes over bitcoin, saving migrants a month’s wages every year in remittance fees
- Protection against inflation through non-inflationary assets (54% in February in Turkey)
- Protection against capital controls in dictatorships (see Russia)
- Fractionalization & democratization
- Equal opportunity access wealth increase for every member of society
- Promote financial literacy
- Aid in reducing poverty levels and closing the wealth gap
- Expanding access to financial products
- Less than 2% of global real estate is accessible to retail investors. More than 50% of retail investors want access
- Skipping a generation of financial ecosystem technology
Governance
- Code of Conduct and Business Principles
- Accountability
- Transparency and Disclosure
- Board Diversity and Structure
- Bribery and Corruption
- Stakeholder and Engagement
- Shareholder Rights
- Accountability – blockchain transactions are immutable and can be tracked back to the source, making it much easier for law enforcement, auditors, etc.
- Transparency and disclosure – companies running their business via smart contracts can be tracked and audited from the outside.
- Corruption: corruption will be much decreased through globally accessible verifiable information
- Transparency and disclosure: smart contracts are open source and all transactions that ever happened is visible to the public. As an example, Blockchain-based voting gives votes certainty that their votes are counted
- Tokenization inherits the above governance benefits from the blockchain
DIGISHARES ESG STRATEGY
ENVIRONMENTAL
- Promote use of PoS protocols
- Functionality for green certified buildings
SOCIAL
- Promote democratization in all projects
- Provide learning tools for financial literacy
GOVERNANCE
- Functionality for increased transparency
- Advice policy makers and influence regulation
Sustainable Development
As an organization, DigShares has the opporunity to impact the following areas:
United Nations Sustainable Development Goals
