Footprint by TRST01 : Revolutionising ESG Reporting with AI and Blockchain
Footprint by TRST01 leverages AI and blockchain to offer comprehensive, customizable ESG reporting. Adhering to global standards and connecting to UNSDGs, it ensures data integrity, enhances supply chain transparency, and aligns with the triple bottom line – Planet, People, and Prosperity
Here’s Why Data and Climate Action Go Hand in Hand!
India’s G20 priorities for the upcoming years include focusing on sustainable development and combating climate change through a “Green Development Pact” with a roadmap of actions over the next decade to tackle climate change and international cooperation on data for developmentData is a critical tool in the fight against climate change.
Why ESG is the Latest Buzz Word
TRST01 is creating a difference in the ESG space with its product Footprint, an ESG reporting tool that uses decentralized technology to enable businesses to collect, store, and share ESG data securely and transparently. The tool allows companies to track their ESG performance in real time, enabling them to identify areas for improvement and take corrective action.
The What and Why of MRV in Climate Action
One of the critical tools for achieving these goals is MRV, or Measurement, Reporting, and Verification. MRV refers to the processes and systems that enable countries and other stakeholders to track progress towards their climate goals, report on their emissions and climate actions, and ensure that their reported data is accurate and reliable.
ESG Reporting Tool
Footprint by TRST01, a blockchain-enabled ESG reporting tool built on Web2 and Web3.Footprint by TRST01 is a comprehensive tool that follows the 2021 Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Carbon Disclosure Project (CDP) guidelines. It also links to the 17 United Nations Sustainable Development Goals (UNSDGs), allowing companies to monitor and report on their progress towards achieving these goals.
Democratisation, Decarbonisation and Decentralisation
The democratisation of carbon credits is critical to achieving the goal of net-zero emissions. Carbon credits are a market-based mechanism for reducing GHG emissions and providing financial incentives for reducing emissions.
Future is NOW
Integrating AI and Blockchain creates new possibilities and opportunities for innovation and growth. AI-powered blockchain solutions have the potential to revolutionize various industries, including finance, healthcare, and real estate.
Connecting Climate, Agriculture and food through web3 Innovation
Climate change is one of the biggest challenges facing our planet today. Its effects on agriculture and food production are particularly concerning, as they threaten to disrupt the global food supply chain and leave millions of people without access to adequate nutrition. In response to this crisis, the agricultural industry is turning to web3 innovation to connect farmers, researchers, and consumers and find new ways to mitigate the impacts of climate change on food production.
Food Supply Chain Carbon Footprint
The carbon footprint of the food supply chain is the total amount of greenhouse gases (GHGs) produced throughout the entire life cycle of a food product, from its production to its consumption. This includes emissions from farming and processing, transportation, and packaging.
Connecting the Dots Sustainable Agriculture, Climate Change and Value Creation
Sustainable agriculture is crucial for reducing greenhouse gas emissions and addressing the challenges of climate change. One area of particular concern is the production of methane in paddy fields.dMRV data on Blockchain makes Climate Action discoverable. Data on-Chain allows the creation of tamper-proof and transparent records with traceability. dApp (decentralized application) and IPFS (InterPlanetary File System) makes Climate action data discoverable.