Table 8

Executive summary of blockchain's practical, social and policy implications for sustainable ESG reporting

DimensionKey actions/ComponentsIntended impact
Blockchain contributionsTransparency, traceability, automation and real-time verification in ESG reportingStrengthened trust and accountability
Four-step roadmap
  1. Regulatory harmonisation

  2. Technical standardisation

  3. Capacity building

  4. Pilot implementation

Structured path for adoption with reduced risks
ESG readiness checklistData governance, interoperability, compliance (CSRD, ISO 14097), energy efficiency, human capital, cross-functional governanceAssessment of organisational preparedness
Policy alignmentCoordination with ISO 14097, IFRS Foundation/ISSB and CSRD frameworksGlobal comparability and regulatory coherence
Broader implicationsEnhancing corporate transparency, sustainable decision-making and stakeholder confidenceImproved sustainability performance and reputational outcomes
Source(s): Authors’ elaboration

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