Sustainability & Environmental Disclosures
ENEUR Sustainability & Environmental Disclosures
Fiat Republic Netherlands B.V., acting as an issuer of EMTs, is providing information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism used to validate transactions in ENEUR and to maintain the integrity of the distributed ledger of transactions. As the Algorand consensus mechanism consumes less than 500,000 kWh per year, we will only report on the mandatory indicator 1 - energy consumption. Should things change, we will update accordingly.
The information covers the period from 01.01.2023 to 31.12.2023, with estimates used for the entire period as ENEUR has not yet launched as of December 2024 yet.
Assuming 1,000,000 transactions annually, the validation of transactions in ENEUR and the maintenance of the integrity of the distributed ledger of transactions has led to a total estimated energy consumption of 8 kilowatt-hours (kWh) on average during 2023 (estimates are provided on the basis of 2023 as ENEUR is not launched as of December 2024 yet).
The validation of one transaction in ENEUR has led to a total estimated energy consumption of 0.000008 kWh per validated transaction during one calendar year (estimates are provided on the basis of 2023 as ENEUR is not launched as of December 2024 yet).
The table below shows the mandatory indicator (indicator 1) for ENEUR transactions from 01.01.2023 to 31.12.2023:
| Type | Adverse Sustainability Indicator | Metric | Source of information, review by third parties, use of data providers or external experts | Methodology to calculate metrics from information and data obtained |
|---|---|---|---|---|
| Energy | Energy consumption | Total amount of energy used, expressed in kilowatt-hours (kWh) per calendar year, for the validation of transactions and the maintenance of the integrity of the distributed ledger of transactions (rounded to the 3rd decimal place): Assuming 1,000,000 transactions annually, the validation of transactions in ENEUR and the maintenance of the integrity of the distributed ledger of transactions has led to a total estimated energy consumption of 8 kilowatt-hours (kWh) per calendar year. | Provided by Quantoz Blockchain Services B.V. as an external party. | Methodology: The total energy consumption is driven by node devices. The number of validating nodes and their power demand are key metrics. Data on energy consumption is generated through real-world measurements using a reference hardware set. |
Table 1: Climate and other environment-related indicators for ENEUR on the Algorand blockchain
ENGBP Sustainability & Environmental Disclosures
Fiat Republic Netherlands B.V., acting as an issuer of EMTs, is providing information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism used to validate transactions in ENGBP and to maintain the integrity of the distributed ledger of transactions. As the Algorand consensus mechanism consumes less than 500,000 kWh per year, we will only report on the mandatory indicator 1 - energy consumption. Should things change, we will update accordingly.
The information covers the period from 01.01.2023 to 31.12.2023, with estimates used for the entire period as ENGBP has not yet launched as of December 2024 yet.
Assuming 1,000,000 transactions annually, the validation of transactions in ENGBP and the maintenance of the integrity of the distributed ledger of transactions has led to a total estimated energy consumption of 8 kilowatt-hours (kWh) on average during 2023 (estimates are provided on the basis of 2023 as ENGBP is not launched as of December 2024 yet).
The validation of one transaction in ENGBP has led to a total estimated energy consumption of 0.000008 kWh per validated transaction during one calendar year (estimates are provided on the basis of 2023 as ENGBP is not launched as of December 2024 yet).
The table below shows the mandatory indicator (indicator 1) for ENGBP transactions from 01.01.2023 to 31.12.2023:
| Type | Adverse Sustainability Indicator | Metric | Source of information, review by third parties, use of data providers or external experts | Methodology to calculate metrics from information and data obtained |
|---|---|---|---|---|
| Energy | Energy consumption | Total amount of energy used, expressed in kilowatt-hours (kWh) per calendar year, for the validation of transactions and the maintenance of the integrity of the distributed ledger of transactions (rounded to the 3rd decimal place): Assuming 1,000,000 transactions annually, the validation of transactions in ENGBP and the maintenance of the integrity of the distributed ledger of transactions has led to a total estimated energy consumption of 8 kilowatt-hours (kWh) per calendar year. | Provided by Quantoz Blockchain Services B.V. as an external party. | Methodology: The total energy consumption is driven by node devices. The number of validating nodes and their power demand are key metrics. Data on energy consumption is generated through real-world measurements using a reference hardware set. |
Table 1: Climate and other environment-related indicators for ENGBP on the Algorand blockchain
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