VeChain, a globally recognized multibillion-dollar enterprise-grade blockchain protocol, has announced a partnership with the Boston Consulting Group (BCG) to drive its sustainability agenda. The partnership was unveiled during VeChain’s HiVe Event and featured the creation of a new whitepaper that outlines the company’s sustainability goals.
A commitment to sustainability
The 72-page whitepaper is packed with a detailed roadmap on what the focus of the VeChain protocol will be for the next few years, with a core message that hinges on sustainability.
It adds that the protocol will empower individuals and communities to make informed decisions that can help bolster sustainability efforts. The company plans to introduce easy-to-implement solutions within municipalities to reduce food wastage, amongst other initiatives.
“Our overall goal is to enable people to engage with sustainability every day. We will do this by putting more power in their hands to make impactful, informed decisions that influence the fundamental environmental and societal factors underpinning our existence as humans, such as access to healthy food, clean water, and fresh air,” the whitepaper reads.
During the last few years, VeChain has been walking the walk when it comes to sustainability standards, as the protocol has been drafted as the protocol of choice in the creation of enterprise solutions to help track carbon emissions through VeCarbon, amongst other projects.
The vision of the organization is critical to ensure that current blockchain innovations are developed sustainably.
“Small individual efforts, things like reducing personal food waste, will be multiplied across the community. For instance, our blockchain solutions will be integrated with municipal initiatives to help people donate food that is about to expire. We can then track the reduction in food waste at scale. And this is but one, small example,” the whitepaper continued.
