NAB prods farmers to use blockchain to prove green compliance

NAB prods farmers to use blockchain to prove green compliance

National Australia Bank adopts blockchain to verify rural sustainability data for green loans. This transparency directly mitigates greenwashing risks by ensuring accurate ESG reporting. Consequently, borrowers face credible scrutiny for claiming environmental benefits, enhancing trust in green finance.

Related news

• S&Ds: The Commission must act to stop greenwashing in financial markets | Socialists & Democrats
• NSW environment watchdog to require big polluters to show how they will hit net zero and then nudge them to improve
• Over 90% of Rainforest Carbon Offsets By Top Provider Worthless: Study