Plan A and Blisce will help Sorare to identify your emissions related to blockchain, develop a decarbonization strategy and automate the reporting of your carbon footprint. This is how they informed Cointelegraph en Español through a statement.
Sorare, the international fantasy sports game, announces an agreement with Plan A, organization responsible for decarbonization and ESG reporting (Environmental, Social and Governance), in which it has had the advice of one of its investors, Blisce, an expert in this field. The goal of the company, which has already reduced its corporate carbon footprint by 99% by migrating most of its transactions to Layer 2 of Ethereum, is achieve net-zero carbon emissions in the long term (net zero).
Sorare uses non-expendable technology to allow its users collect, trade and play with digital cards from real players stored on the Ethereum blockchain, a technology that, while guaranteeing high levels of transparency and security, is also often associated with a high environmental impact as it consumes large amounts of electricity. Because of this, the company partnered with Plan A to address these challenges through automated reporting of its scope 1, 2 and 3 emissions from 2022. It will also develop and implement a long-term decarbonisation strategy through, on the one hand, the reduction of emissions in its value chain and, on the other, investment to offset unavoidable carbon emissions or those that cannot be reduced as of this year.
A 99% reduction in emissions thanks to technological innovation.
As shown in the Initial Emissions Report of Plan A, Sorare has recorded a total carbon footprint of 133,643 tCO2e in 2021, which would be divided as follows:
Sorare emissions by area and category based on data for the year 2021 (Source: Plan A platform).
Most of Sorare’s emissions (in line with what is usual for technology and digital companies) come from Scope 3, in particular from Category 1 (purchased goods and services), and is the result of the platform’s operations in the Layer 1 blockchain. To reduce this high electricity consumption, Sorare has migrated most of its Ethereum transactions to Layer 2 (which is 2,000 times more efficient) in July 2021, thanks to which it has been able to reduce associated emissions by 99%.
The company undertakes to continue reducing its emissionsand will take advantage of Plan A’s AI platform to understand the black spots of its operations in terms of emissions and establish long-term decarbonization objectives, such as the introduction of greener mobility policies, with the reduction of business trips, and better selection of your suppliers to reduce your emissions related to transportation and office work.
Nicolas Julia, CEO and co-founder of Sorare stated: “Sorare is a company created to have an impact on sports fans, players and teams. As our platform and community grow, we want to make sure we’re doing it responsibly and sustainably. We have already reduced our corporate carbon footprint by 99%, but we know we can do much more. Our goal is to make Sorare a net-zero company and, in the process, set new standards for other companies using blockchain technology. We are delighted to partner with Plan A to help us achieve this and will work with them to meet our goal of net zero emissions in a scientific, sound and strategic way.”.
For her part, Lubomila Jordanova, CEO of Plan A commented: “Sorare is a truly innovative, fast-growing gaming company using cutting-edge technology to transform an entire industry. As a true pioneer in sustainability, Sorare has recognized the challenges of the technology they use and is committed to further action and innovation to reduce their carbon footprint. We are incredibly proud to work with them to help them become the world’s first net-zero fantasy sports game thanks to our science-based decarbonization strategies.”.
Alexandre Mars, founder and CEO of Blisce concluded: “At Blisce we support companies that are truly committed to the social and environmental impact of their journey. Sorare’s commitment to decarbonize its business is proof that innovation and responsibility can, and should, go hand in hand. We are very proud to support them as they lead the way in the industry in collaboration with valued partners like Plan A”.
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