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KPMG Report Shows Bitcoin Mining Is Greener than Gold, Tourism, and Fashion
KPMG, the Big-4 consulting giant, has recently released a new report highlighting the environmental impact of Bitcoin mining. In their 12-page report, KPMG noted that Bitcoin mining activities can accommodate within the new guidelines of environmentally friendly investing (ESG, or Environmental, Social, and Corporate Governance).
ESG criteria are essential for responsible investing. Also, ESG corporate reporting assesses risks and opportunities related to the environmental sustainability of production activities.
KPMG’s recently released report declares Bitcoin as a mature asset class, but despite its growing adoption, it remains misunderstood. The report aims to evaluate the actual environmental, social, and governance impact of this technology while debunking existing misconceptions.
It highlights high-impact use cases of Bitcoin that have demonstrated value for users and society. However, the a
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