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MineHub Launches Solution for Carbon Emissions Tracking and ESG Compliance

Vancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - MineHub Technologies Inc. ...

articleMinehub Technologies, Inc.December 6, 20215/company/minehub-technologies-inc/news/minehub-launches-solution-for-carbon-emissions-tracking-and-esg-compliance
MineHub Launches Solution for Carbon Emissions Tracking and ESG Compliance

About this update from Minehub Technologies, Inc.

[{"type":"text","content":"MineHub Launches Solution for Carbon Emissions Tracking and ESG ComplianceVancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) (\"MineHub\" or the \"Company\") is pleased to announce the launch of its ESG solution for mining & metals supply chains. The MineHub ESG Solution enables its users to digitalise key aspects in the administration, certification and reporting of Environmental, Social and Governance (ESG) credentials, including direct and indirect carbon emissions, as related to the products they sell, buy and finance. The solution is integrated with the core MineHub platform and further increases the value of the MineHub platform at a time when ESG disclosure is of critical importance for all market participants and the industry as a whole.Arnoud Star Busmann, CEO at MineHub said: \"Almost every conversation we have with customers and prospective users inevitably includes a reference to ESG disclosure and tracking and whether MineHub can help with that. This new solution is an integral part of the MineHub vision, and is now an urgent requirement - both for the world and for individual companies. This first release of the ESG solution will immediately start helping companies on their ESG journey, and can actually be used well beyond mining and metals, in any supply chain.\"The MineHub ESG solution enhances the MineHub core platform to solve material provenance and emissions accounting problems. Users will be able to:Capture and administer the ESG credentials, including the emissions intensity of their brands and productsAutomate the accounting and reporting of Scope 3 emissions (as they connect their suppliers and customers to the MineHub platform)Enable customer, supplier and logistics, investment portfolio optimisation decisions based on accurate and detailed emissions dataRequest and record third party certification of their ESG credentialsAutomate the inclusion of the certified ESG data within the transaction data sets related to the sale, purchase or financing of productsCorporations globally are now expected to disclose their certified ESG performance, which includes the ESG profile of their supply chains. This requirement is increasingly tied to their cost of capital, access to trade finance, brand equity and sometimes license to operate. In som...

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