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• Businesses and organizations take action on climate change by making the process easier and less costly.
• Certifying entities do more by streamlining the process for verifying corporate climate action.  
• General public and consumers trust corporate climate action with open and transparent analysis.
• Investment community trust corporate sustainability claims with high quality gain deeper understanding of corporate sustianability claims through more data and analysis tools.

We will work closely with the Standards - WG as part of understanding the standards and implementing the technologies for climate accounting. 

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To add your name in the directory below: you will need edit access to the wiki, and for this you need to get a free Linux Foundation ID. Once you have your LF ID (which you can use to log in the chat as well) you can log in and edit the table below with your information. After adding your name here, please also subscribe to the group's mailing list and post an introduction there so other group members can get to know you. You can also join the CA2 Hyperledger Chat group and make a personal introduction there and join the regular group meetings. 

Meetings

We will be part of the Hyperledger Climate Action and Accounting SIG Meetings – See you there!

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Knowing this, it's not hard to see why the general public could be skeptical of a company's climate action claims.  After all, as consumers,

• Can we trust the data that the company has provided? 
• Can we trust judgement calls, made by either the company or a certifying entity, about which activities are not relevant and thus do not require data and auditing?
• How do we know if the company is in fact working on its emissions reduction plan?
• Can consumers and investors trust that the certifying entity is objective?

Meanwhile, major institutional investors such as the Net Zero Asset Owner Alliance have a trust issue as well, but from a different perspective. Institutional investors are used to more in-depth analysis and independent verification of companies' claims, and carbon neutral certifications do not have the same level of detail as other financial ratings they are accustomed to.  For example, when investing in bonds, they typically require credit ratings by more than one rating agency, such as Standard & Poors or Moody's.  The ratings themselves are not binary but instead go in tiers from AAA to CCC.  As climate neutrality becomes important to them, they would probably demand the same level of detail in ratings of corporate climate action.

Why DLT's

Fortunately, DLT's are by design suited for solving precisely these issues.  They are "trustless" networks and do not require trust in a single organization, whether it's the company making a climate action claim or an entity certifying it.  Instead, the architecture of DLT's allows multiple parties to come together and verify all claims independently with code.

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