Polygon-Powered Coorest Earns Web3’s First Certified Carbon Standard 

Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard. The Coorest Carbon Standard (CCS) is certified by an official UN auditor and is a new benchmark for CO2 compensation that leverages distributed ledger technology to eliminate unfair and opaque carbon offset practices. In partnership with Polygon, […]

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Green Blockchain Summit 2.0: Agenda at a Glance 

Ethereum’s shift to Proof of Stake consensus, known as the Merge, has dramatically cut Polygon’s carbon dioxide emissions, opening the path to going beyond being carbon negative and toward empowering others to do the same. The conversation has shifted from blockchain sustainability to blockchain as a sustainability solution.  Join us for the second chapter of […]

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Going Beyond the Green Manifesto: Our New Impact Commitment 

With Ethereum’s Merge finally upon us, we’ve been thinking about how this historic milestone will affect our sustainability efforts. Polygon’s initial commitment to become carbon neutral and eventually carbon negative was largely addressing emissions generated by our relationship with Ethereum. The Merge dramatically changes that equation. Ethereum’s transition from Proof-of-Work to Proof-of-Stake consensus, known as […]

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The Merge to Erase 60,000 Tonnes of Polygon’s Carbon Footprint

Ethereum’s imminent transition to the proof of stake (PoS) consensus will reverberate throughout the broader ecosystem in a multitude of ways, but it will have a singular impact on the carbon emissions profile of Polygon’s network. Thanks to the work of the Crypto Carbon Ratings Institute (CCRI), we can now share specific numbers on what […]

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Green Blockchain Summit: Recap & Path Forward

Polygon’s sustainability journey, which in the past few months included a commitment to becoming carbon negative, offsetting the network’s CO2 footprint and setting aside $20 million for climate projects, has reached a new milestone. On July 13 Polygon hosted the Green Blockchain Summit,  first in a series of a virtual forums for Web3 leaders to […]

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Next Step in Polygon’s Sustainability Journey: Green Blockchain Summit

Polygon has made major progress toward its goal of becoming carbon negative in 2022 by offsetting the network’s CO2 footprint, setting aside $20 million for climate projects and hiring a sustainability lead. But the journey so far has largely been a solitary one. The next step is to bring along the broader community on our […]

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