Welcome to Hoken Tech
One of the distinctive features of the Hoken Tech startup is certainly its environmental consciousness, and in fact, each year it has consistently published and shared data regarding energy consumption and CO2 impact during the previous year, demonstrating with concrete data its commitment to addressing global warming.
Obviously, every startup is different, but in this case, we analyze Hoken Tech startup that operates through blockchain, which many say is an energy-intensive technology - and it's true, but Hoken Tech is aware of this fact and relies on EOS blockchain, the first in the world to be carbon neutral, and since 2023 has become climate positive, thus allowing for no environmental impact.
Looking at concrete and objective data, we see that this startup consumed just over 311 kWh of energy in the last year, which produced about 121 Kg of CO2, and as shown in the data dashboard, it would take 9 trees to reabsorb the relative CO2, which is not a problem at all since the startup can boast ownership of over 6,000 trees, far exceeding its needs.
Regarding environmental sustainability, we see that the report produced by a third party, in this case the Chamber of Commerce, shows positive data, both in terms of energy consumption and emissions and environmental impact, with positive values that are better than the previous year, demonstrating this startup's constant and concrete commitment.
We don't find only environmental data in the report, but also social and human capital data, an important parameter that measures the startup's attention in choosing products and services to use, the supply chain, customers, and other parameters that together allow for management and attention to sensitive issues for this startup.
Regarding the internal aspect of the startup, governance and how the startup is managed internally also include protective measures and respect for those who work with them, such as values of ethics, transparency, updating, and also communication. Indeed, these sustainability reports allow both external parties and especially internal ones to see the progress made during the year.
As shown in the report, the startup obtained an excellent score (between 43 and 48) in reference to UNI 134:2022, namely the sustainability rating for smaller enterprises, while checking compatibility with SDGs (Sustainable Development Goals), we see that it is compatible with 11 of the 17 development goals established in the UN's 2030 Agenda.
Positive data also for the GRI (Global Reporting Initiative), which places the company against international standards, and the result helps understand which sustainability reporting indicators are considered by the company. In this case, Hoken Tech obtained a score of 70% in environmental sustainability, 83% in governance sustainability, and 100% in social sustainability.
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