web3 for ESG
ECO (Enterprise Carbon Offsets) is the first web3 offering to introduce the benefits of the digital carbon market to F500 enterprises with breakthrough innovations in zero-knowledge cryptography for carbon reporting. ECO brings enterprise systems such as SAP and ServiceNow to the frontier of web3 regenerative finance (aka ReFi).
Carbon offsets are a key part of the net zero global movement and ESG goals that enterprises, governments, and NGOs are urgently working to meet. With ECO, enterprises are able to meet their sustainability goals like never before by purchasing digital carbon offsets and retirements on supported on-chain providers without having to hold crypto or other digital assets as a result of leveraging Provide Payments for a seamless experience.
Additionally, enterprises will be able to improve the outcomes of scope 1, 2, and 3 carbon emissions reporting and verification with the help of Provide’s open-source web3 infrastructure.
Additional documentation forthcoming.