cleanblocks methodology and rating criterias
our approach
We bring trusted ESG practices from real-estate and finance industries to blockchain. Our team has both a knowledge and passion for blockchain and a deep sustainability expertise. We aim to push blockchain to a sustainable and carbon-neutral industry and use the potential of blockchain to solve sustainability challenges.
The current methodology of the Cleanblocks Rating focuses on the Environment part and targets the carbon performance of blockchains and related assets. Criteria’s for Social and Governance will be part of a future update of the Rating, after that international regulatory frameworks have been implemented. We believe it is too early to launch a full credible ESG rating.
the cleanblocks Rating Criterias
The Cleanblocks rating criteria’s for energy efficiency and carbon impact is used to determine a cryptocurrency‘s sustainability profile. We base our rating on energy efficiency, the use of renewables and carbon offsets/carbon removals which are a key to determining a cryptocurrency’s carbon footprint. A lower carbon footprint achieves a higher rating by Cleanblocks. Using carbon removal or certain carbon offsets in order to become Carbon Neutral achieves a True Green certification. Cleanblocks has opened up for a Second Opinion on the sustainability performance of mining operations, which includes a potential certification for a True Green Bitcoin mining company. Read more of our offer under Services.
See our technical criteria’s for the Cleanblocks Rating below.
our rating process
To determine the sustainability profile and as a result the rating of a cryptocurrency, we follow our Cleanblocks methodology as illustrated below. The rating process drives the industry towards reaching the goal of a sustainable and carbon neutral blockchain industry.
