EV Battery Pleased with Latest ESG Regulations Regarding Crypto Mining

Published on: 8 February 2022 08:00 PM
by KnowESG

A Brief Summary

Extreme Vehicle Battery Technologies Corp. appreciates the latest developments when it comes to ESG regulations in crypto mining. The firm is pleased to provide an update and statements on its blockchain operations.

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The company has noticed matters related to environmental, social and governance (ESG) when stakeholders and regulators emphasise the issue of climate change across the world. 

There is a perception in the field of blockchain and crypto mining that the greenhouse gas emissions related to operations in the sector are unacceptable. The company seems to agree with this statement and has extended support to all its divisions to adopt ESG best practices. 

The company has recently taken some significant steps including, being part of the Renewable Energy Alliance, a joint venture with the Renewable Obligation Base energy economy(ROBe2), development of Smart Miner that mines the ROBe2 token using a carbon negative protocol etc. The company also strives to expand its blockchain assets and adopts best ESG practices and commitments to differentiate itself from its competitors. 

“At the highest level, the Company’s core mission is to create a cleaner, greener planet for future generations. This latest commitment to ESG best practices is a testament to that,” commented EV Battery Tech CEO, Bryson Goodwin.