In a report released by KPMG, the three pillars of the ESG investment framework—environmental, social, and governance—are shown to benefit from Bitcoin.
The Report Demonstrates How Bitcoin Emissions Relate to Other Significant Global Industries
In a report released by KPMG, the three pillars of the ESG investment framework—environmental, social, and governance—are shown to benefit from Bitcoin.
The study discusses the environmental impact of Bitcoin mining and demonstrates how the sector is committed to achieving net zero emissions.
The report demonstrates how Bitcoin emissions relate to other significant global industries, demonstrating that they constitute a tiny portion. The document also provides a number of methods for lowering the network's carbon footprint, including the use of reclaimed heat and renewable energy sources.
It also discusses the social and governance aspects of Bitcoin, emphasizing the decentralized nature of the network and citing a recent Chainalysis analysis that refutes the notion that "Bitcoin is for criminals."
According to the report's findings, Bitcoin offers a lot of advantages for ESG investing, and it encourages consumers, miners, and other businesses to evaluate how they fit into the ecosystem.
