KPMG unveils blockchain solution to track climate emissions

Cointelegraph

Published Oct 08, 2020 12:48AM ET

Updated Oct 08, 2020 02:20AM ET

International accounting firm KPMG has unveiled its blockchain based Climate Accounting Infrastructure (CAI) solution to help organizations measure, report, and offset their greenhouse gas emissions.

CAI uses blockchain to securely store environmental data in a financial system as part of organizations’ climate risk assessments and asset valuations. It aims to help companies meet environmental, social, and corporate governance (ESG) targets.

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