ESG

Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hashrate increases

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort ...

Jacobi spot Bitcoin ETF classed as ‘environmental investing’ by issuer

The first-ever spot Bitcoin ETF, launched on the European market, has been defined as an Article 8 fund by its issuer firm, London-based Jacobi Asset Management. Funds included under Article 8 of the European Sustainable Finance Disclosure Regulation (SDFR) are those that “promote environmental a ...

KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report

KPMG has released a report on Bitcoin and ESG (environment, social and governance) issues. The Big Four professional services firm found that Bitcoin “appears to provide a number of benefits across an ESG framework.”Looking at each component of ESG separately, the report noted ...