Nomadic Labs
Climate Impact & Sustainability Data (2020 and January to mid-November 2021 (extrapolated to one year))
Reporting Period: 2020 and January to mid-November 2021 (extrapolated to one year)
Environmental Metrics
Total Carbon Emissions:139,711 kg CO2 eq./year (2021, baker nodes only)
Total Energy Consumption:2,882,545 MJ/year (2021, baker nodes only)
ESG Focus Areas
- Environmental
Environmental Achievements
- Reduced carbon footprint per transaction despite increased blockchain activity.
Climate Goals & Targets
Environmental Challenges
- Data limitations on total nodes (only baker nodes included), simplified end-of-life modeling, uncertainty in data correlation between transactions and network exchanges, reliance on a sample of bakers for questionnaire data.
- Scope limitations: only considers baker nodes, excludes applications built on Tezos, and end-user impacts.
Mitigation Strategies
- Sensitivity analyses performed to assess the influence of various parameters on results.
- External critical review by an independent LCA expert.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ISO 14040, ISO 14044, Product Environmental Footprint (PEF)
Third-party Assurance: Enviroconseil (third-party review)