How do Digital Companies Ensure ESG? A Deep Dive into Bitcoin, Web3, and the Frameworks that Govern them

Abstract

For most of the last decade, Environmental, Social, and Governance (ESG) principles and the world of Bitcoin and Web3 have existed on opposite sides of the corporate conversation. ESG represented the rise of responsible capitalism — a commitment to sustainability, stakeholder accountability, and ethical governance that traditional institutions were being pressured to adopt. Bitcoin and Web3, meanwhile, were seen by many critics as antithetical to those ideals: energy-hungry, unregulated, ungoverned, and speculative. That characterisation is now rapidly becoming outdated.