Vayner3
Climate Impact & Sustainability Data (August 2022)
Reporting Period: August 2022
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Climate Change
Environmental Achievements
- Ethereum's transition to Proof-of-Stake (PoS) resulting in a 99.85% reduction in energy consumption compared to Proof-of-Work (PoW).
Climate Goals & Targets
Environmental Challenges
- Concerns about crypto and NFTs impacting the Earth's climate.
Mitigation Strategies
- Ethereum's shift to PoS significantly reduces Web3's carbon footprint.
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
The transition to Proof-of-Stake significantly reduces energy consumption and carbon emissions, contributing to these goals.