How Do Energy Companies Prove They Reduce Their Carbon Foot Print?

With the energy, and the oil and gas markets facing the ESG investors there has been no measurable way for companies to prove they are in fact reducing their carbon footprint. You can say “We are reducing our carbon footprint and have a great ESG plan”.  But investors had no way to verify that performance.

We were lucky enough to have William Fox, Chief Product Officer at Data Gumbo Corporation stop by the ENB Podcast. I have had the privilege of interviewing Andrew Bruce several times and have had a great time following Data Gumbo on their impressive and successful journey.

Blockchain technology and Data Gumbo have a really good idea of what it takes.

Please connect with William Fox on his LinkedIn account, or check out Data Gumbo. If you’re investing in energy, check to see if they are using Data Gumbo’s blockchain technology.

Andrew, that may be a new marketing campaign idea. “Only invest in companies that can validate their ESG plans”.  Well, never mind your guys said it better with “Realizing Transactional Certainty – Modern enterprise delivers value through trust” actually says it all. – Great job Data Gumbo.

 

About Stu Turley 3333 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.