In a groundbreaking stride towards environmental responsibility within the blockchain industry, Polygon Labs has introduced a cutting-edge Sustainability Dashboard. This innovative tool, developed in collaboration with the Crypto Carbon Ratings Institute (CCRI), is poised to revolutionize the landscape by offering comprehensive visibility into the environmental footprint and climate effects associated with the Polygon blockchain framework.

Designed to align with evolving regulatory guidelines such as the Markets in Crypto Assets Regulation (MiCA), the Polygon Network Sustainability Dashboard is a beacon of transparency. It presents crucial information, including electricity usage, carbon emissions data, and various sustainability metrics. This groundbreaking initiative extends its reach across the Polygon Proof of Stake (PoS) mechanism, encompassing tracking elements for Polygon zkEVM.

Polygon Labs, building upon its commitment to sustainability following the Green Manifesto of 2022, stands at the forefront with this forward-thinking endeavor. The Sustainability Dashboard doesn’t just stop at statistics; it intricately details the influence of climate factors on both Layer 2 and base layer (L1) operations within the Polygon ecosystem.

What sets this dashboard apart is its innovative approach to emissions calculation. Utilizing an address-based calculation method, it aligns seamlessly with MiCA metrics, allowing effortless navigation between different framework components. Polygon Labs’ core focus remains steadfast: expediting climate action and safeguarding the planet for future generations.

Moreover, the ongoing upgrades to the dashboard and Polygon protocols underline the company’s unwavering dedication. A significant enhancement includes a comprehensive understanding of the energy sources fueling the Polygon network, a move geared towards ensuring transparency and accountability.

Preliminary research by Polygon PoS sheds light on the current electricity sources, revealing that 35% utilize AWS cloud services while 22% rely on Hetzner, known for its exclusive use of hydropower. Notably, AWS aims to achieve 100% renewable energy use by 2025, with 90% already sourced from renewables in 2022.

The intricacies of emissions accounting, as suggested by the GHG Protocol, offer valuable insights. Polygon Labs’ Sustainability Dashboard adopts a location-based approach, requiring the disclosure of emissions associated with discharged electricity, as recommended by the International Agency. Conversely, the market-based method focuses on revealing emissions tied to purchased electricity.

Significantly, the carbon footprint calculated for Polygon PoS demonstrates an 80% reduction, measuring at 71 g/kWh using the market-based approach, compared to the land-based method’s 381 g/kWh.

For this market-based approach to succeed, optimistic assertions about renewable energy utilization are imperative. Polygon Labs is diligently collecting input data, aiming to continually refine the interface and support validators in transitioning towards renewable energy sources.

Building upon the ethos established in the Green Manifesto of 2022, this initiative marks a pivotal step in Polygon Labs’ dedication to sustainability. The dashboard’s features encompass various facets of sustainability initiatives, offering statistics that highlight the climate impact on both Layer 2 and base layer (L1) operations within the Polygon network.

A notable enhancement introduced in this dashboard is an address-based emissions calculation, bolstered by an updated methodology. This feature not only aligns with balanced MiCA metrics but also enables seamless toggling between different framework components. Polygon Labs remains steadfast in its mission to expedite climate action and safeguard the planet for generations to come.

Continuing its commitment to innovation, Polygon Labs has outlined plans for continuous upgrades to the dashboard and the Polygon protocols, including Polygon Miden and Polygon CDK. One of the most significant improvements in the pipeline is the comprehensive understanding of the electricity sources powering the Polygon network.

Preliminary research conducted by Polygon PoS indicates that 35% of the network utilizes AWS cloud services, while 22% relies on Hetzner. AWS has disclosed that 90% of their electricity consumption in 2022 stemmed from renewable sources, with a target of achieving 100% by 2025. Hetzner, renowned for its use of hydropower, operates exclusively on this sustainable energy source.

In essence, Polygon Labs’ Sustainability Dashboard isn’t merely a tool; it’s a testament to the company’s unwavering commitment to ecological consciousness in the rapidly evolving landscape of blockchain technology.