The ESG Institute and Codos Sign Alliance to Revolutionise Sustainable Commuting
In a groundbreaking move towards sustainability, The ESG Institute is thrilled to announce a pivotal partnership with Codos. Aimed at redefining commuting norms, this alliance focuses on leveraging advanced technologies to promote and reward environmentally friendly commuting alternatives, significantly reducing CO2 emissions and fostering a culture of sustainability within people and the business community.
Daily car commuting is a significant contributor to global CO2 emissions, with a typical passenger vehicle emitting about 4.6 metric tons of carbon dioxide annually, according to the US Environmental Protection Agency. This figure is based on average fuel economy and mileage, highlighting the substantial environmental impact of reliance on personal automobiles for daily transportation. The emissions from millions of vehicles collectively exacerbate the problem, making the transportation sector a major source of carbon emissions. Efforts to mitigate these emissions include adopting cleaner modes of transportation such as public transit, biking, and walking. These efforts reduce individual carbon footprints and contribute to broader environmental benefits by lowering overall demand for fossil fuels and reducing traffic congestion.
Codos is a pioneering organisation established in 2021 in Switzerland, focusing on leveraging digital solutions to encourage sustainable behaviour and reduce CO2 emissions. With its innovative approach, Codos introduces the "save to earn" principle, utilizing a purpose-driven token as a self-financing reward system to incentivise sustainable commuting practices. By rewarding individuals with a new generation digital asset for every eco-friendly commute, Codos aims to address one of the single largest contributors to CO2 emissions—daily car commuting. The Codos app automates the detection of users' modes of transportation, calculates CO2 avoidance, and awards Codos tokens as a form of encouragement toward a greener lifestyle. Active in various fields, including public participation, CO2-neutral living, and the integration of blockchain technology, Codos is committed to fostering environmental protection and supporting innovative technologies that contribute to sustainability.
The ESG Institute, leveraging a global network of over 500 experts, is dedicated to embedding ESG principles within business frameworks to foster sustainability and equity. Offering comprehensive online training, advisory services, and ESG certifications, the Institute equips businesses with the tools and insights to integrate sustainability into their core operations. Its mission is to transform companies into agents of positive change, promoting a corporate culture of ethical governance and social responsibility, and enhancing their market reputation through industry-recognised certifications. This holistic approach aims to drive a significant shift towards a more sustainable business landscape. The synergy between The ESG Institute and Codos represents a significant leap towards integrating digital solutions for environmental sustainability into the core of business operations.
"The collaboration with Codos is a milestone in our journey towards a sustainable future," says Jaime Amoedo, Executive Director of The ESG Institute. "Together, we are setting a precedent for how businesses and their staff can leverage digital innovation to make a tangible impact on the environment."
Echoing this sentiment, Luca Kern, co-founder of Codos, remarked, "Joining forces with The ESG Institute amplifies our mission to promote sustainable behaviors through digital innovation. This partnership is a testament to the power of collaborative efforts in driving environmental change."
As we move forward, The ESG Institute and Codos are dedicated to driving meaningful change, encouraging businesses to adopt sustainable practices that benefit the planet. This partnership is just the beginning of our shared commitment to a greener, more sustainable world.
We invite businesses and individuals alike to join us in this endeavor. Whether you're looking to make your operations more eco-friendly or seeking to understand the impact of digital solutions on sustainability, we're here to guide and support you every step of the way.
Get in contact with us today and let’s work together to help you and your organisation make a better impact on the environment and society.
