Why DeFi ESG?
Documented Success
We have documented success in helping organizations achieve world class sustainability accreditation with the following accomplishments:
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Delivered a perfect Environmental, Social, and Governance (ESG) score of 100% for the GRESB ESG Infrastructure Assessment, a Global Reporting Initiative (GRI) style assessment
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Numerous #1 rankings with clients for geographic location and industry segment with GRESB, a GRI ESG Infrastructure Assessment
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Numerous #1 rankings with several clients for customer ESG Assessments
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Experience
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Over 15 years’ experience improving sustainability and developing ESG programs for investment firms and industrial corporations
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Seven years’ experience maximizing scores with successful ESG Assessments
Credentialed
DeFi ESG consultants hold the following certifications, so services such as third-party reviews can be signed and wet stamped by a professional with a required credential:
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Sustainability Excellence Professional (SEP) Green Business Certification Inc.
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Certified Environmental Professional (CEP) Academy of Board-Certified Environmental Professionals
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Certified Safety Professional (CSP), Board of Certified Safety Professionals
Client Focused
With ESG solutions, one size does not fit all. For this reason, DeFi ESG develops a customized solution in the shortest possible timeframe to meet each client’s specific needs.
Program Development
Defi ESG assists clients with improving their sustainability process, developing specific Environmental, Social, and Governance (ESG) programs for stakeholders and helping clients achieve a maximum overall score for third-party ESG benchmarking assessments. These services can be provided for organizations that have nothing in place with sustainability or have a robust program. Although our name is specific to Blockchain, we provide ESG services to organizations in every industry. Some of the program development deliverables Defi ESG offers are listed below:
General Sustainability
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Material or materiality assessment
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Risk assessments for ESG
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Development of an ESG mission and vision
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ESG commitments, targets, goals, and objectives
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Developing an annual ESG report
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Other ESG reports for stakeholders such as customers and investors
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Preparing submissions for a Sustainability or ESG Assessment
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Stakeholder engagement programs and communications
Environmental
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Policies and evaluations on relevant exposures, such as air pollution, habitat, soil contamination, energy, light pollution, noise, waste, and water.
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Developing an organization’s strategy on climate-related risks.
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Demonstrating alignment documentation to applicable non-government environmental standards, such as the International Organization for Standardization (ISO).
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A third-party external check or verification can be completed on Greenhouse Gas (GHG) emissions, water use, waste, recycling, habitat, noise pollution, light pollution, and other environmental topics.
Social
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Human resources-related policies and evaluations on child labor, community development, forced labor, freedom of association, inclusion, diversity, and labor standards.
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Safety & health policies and evaluations on occupational safety & health, safely operating in the public, contractors, vendors/supply chain and visitors/customers.
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A third-party external check can be completed on injury statics for employees, the general public, contractors, visitors, and others.
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Stakeholder relations policies and evaluations to address feedback with investors, board of directors, customers, employees, and the community.
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Demonstrating alignment to applicable non-government safety, labor, and other International Organization of Standardization (ISO) related standards.
Governance
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Governance policies and evaluations on audit functions, board composition, ESG oversight, corruption, fraud, compensation, conflicts of interest, delegating authority, lobbying, political contributions, shareholder rights and whistleblower protection.
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Information Technology policies covering cybersecurity, data protection and privacy.
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Developing an organization’s strategy on risk management and transitional risk.
GHG Emission Services
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DeFi ESG can calculate a client’s Scope 1, 2 and 3 emissions quickly and accurately with a proprietary application. This can be completed for all scopes with the client providing a limited number of data points to produce the GHG emissions. This can be calculated for a specific time period, customer, project, location, or region.
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Develop a process so clients can track, analyze, improve and report GHG emissions to stakeholders.
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A third-party external check can be completed on all GHG emission reports.
ESG Diagnostics
DeFi ESG offers the following best practice evaluations to identify opportunities for improvement with a clients ESG program:
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Program inventory and evaluation – Documents the inventory of a client’s ESG programs, rates impact of each process and identifies opportunities for improvement.
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Material and risk assessment – Quantifies and ranks the importance and risk of each ESG subcategory. Not only does this exercise collect feedback from a client’s leadership team, but it can also be completed with stakeholders, such as customers, board members and investors. This evaluation benchmarks risk perception and importance of each ESG subcategory for all stakeholders.
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Transitional risk evaluation – Quantifies and ranks an organization’s business risk as it pertains to the societal shift of a more climate-friendly future. This evaluation helps clients understand their GHG risk and prioritized improvement initiatives.
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Evaluation on resilience to climate-related risks – This evaluation rates the operational risk, likelihood, and controls as it pertains to climate related disturbances. Evaluation provides the client with an understanding of their quantified climate risk, mitigation controls and feedback to prioritize improvement initiatives.
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Supply chain engagement evaluation – Evaluates the client’s oversight process for managing ESG with contractors, vendors and other suppliers. The completed evaluation gives a client direction on prioritization of vendors and most impactful engagements.
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Third-party reviews - DeFi ESG can complete a review of injury statistics, GHG emissions, water use, waste, recycling, habitat, noise pollution, light pollution and other ESG topics. These reviews are completed by a certified professional and will meet the requirements for an external check or verification with formal ESG Assessments.
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Customized evaluations can be completed to assess a specific risk or fulfill a requirement for an ESG Assessment.
DeFi ESG Assessment
This formal ESG Assessment is designed for blockchain companies, coin/token projects, exchanges, Non-Fungible Token (NFT) businesses and other digital businesses. The DeFi ESG Assessment rates each submission on their sustainability performance compared to GRI (Global Reporting Initiative) standards and benchmarks performance.
Unlike other ESG assessments, only GRI standards that are material for a digital business are assessed. This assessment is intended to provide shareholders an understanding on the asset’s ESG performance compared to GRI standards and peers. At the conclusion of the assessment, each asset will receive a scorecard within two weeks of submission. This scorecard will list an overall score, score for the sections of ESG, as well as each subcategory.
Besides facilitating the DeFi ESG Assessment, the following services are available to ensure a successful and streamline assessment:
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Review of the assessment and in-depth explanation of each required deliverable.
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Client support throughout the assessment.
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Review and feedback on provided deliverables prior to formal submission.
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Review of the evaluated final submission with the client to discuss success and opportunities for improvement.
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Peer benchmarking and ranking at the conclusion of the year.
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Video of a TEAMS call with the client reviewing the DeFi ESG Assessment findings for stakeholder engagement.
Recruiting & Placement
Defi ESG assists clients in defining the scope of the role, establishing a compensation range, drafting a position description, recruiting, and placing qualified professionals with clients. This can be completed for a flat fee or percent of the first-year salary.
Mentoring
Coaching and mentoring services for sustainability professionals are also available. These services offer direction and guidance to new or inexperienced professionals overseeing an ESG program. These services can be completed on a specified cadence such as daily, weekly, monthly or an as needed basis.