Blockchain4ES will solve the problem of availability, completeness, integrity and reliability of ESG data for climate-related risk management. Blockchain4ES digitises and automates a widely adoptable and applicable industry framework based on the TCFD Recommendations for ESG data management with data verification on a blockchain. Using this solution, industrial companies can collect, process ESG data and, as a result, identify, assess and manage ESG (climate-related) risks and implement ESG strategy to mitigate disruptive climate changes. In addition, companies can set their own ESG impact targets and track their progress, and financial institutions, asset managers or private equity funds interested in investing and allocating capital in these sustainable companies can also access these targets and measures of progress, demonstrating the understanding and ability to effectively manage a company with a simultaneous positive impact on ESG factors.
Participants
482.solutions LLC (UA), SMART POWER ENGINEERING Ltd (UA), "Research and production firm" Ukrainian Scale Company" Private Enterprise (UA), FIW CONSULTING SL (ES), RANCHO GUAREÑA HNOS OLEA LOSA S. L. (ES), FUNDACIÓN INSTITUTO INTERNACIONAL DE INVESTIGACIÓN EN INTELIGENCIA ARTIFICIAL Y CIENCIAS DE LA COMPUTACIÓN (AIR Institute) / IoT Digital Innovation Hub.
Funding body
Cascade funding from the i4Trust project. The i4Trust project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement number 951975.
Funding
Total budget 120.000,00 € - Budget of the centre 17.968,75 €