Tokenizing Sustainability – Carbon Credits, Accountability, and ESG in Supply Chains (TOSCA)

With a series of legislative acts, the European Union wants to achieve the goal of climate neutrality by 2050. Similar to the safeguarding of social standards, it is to be feared that this will lead to a relocation of production to third countries and the subsequent import of goods produced there into the EU. Therefore, systems are to be developed that measure greenhouse gas emissions and compliance with ESG standards along global supply chains, report on them and thus make them verifiable. The core idea of the project is to make use of the characteristics of blockchain technology – immutability of once confirmed tokens, high security against irregular changes and electronic accessibility of the ledger – to build on the findings of initial international pilot tests on CO2 tokens, and to develop such systems in a legally secure, effective and efficient way by tokenizing corresponding information and certificates.

Principal Investigators

RiOLG Prof. Dr. Dominik Skauradszun, LL.M. Taxation, Hochschule Fulda | spokesperson | more information»
Prof. Dr. Dr. Walter Blocher, Universität Kassel | deputy | more information»

Prof. Dr. Florian Möslein, Dipl.-Kfm., LL.M. (London), Philipps-Universität Marburg | more information»
Prof. Dr. Carsten Müller, Hochschule Fulda | more information»
Prof. Dr. Eric Nowak, Center for Financial Studies, Goethe-Universität Frankfurt | more information»
Prof. Dr. Philipp Sandner, Frankfurt School of Finance & Management | more information»
Prof. Dr. Nils Urbach, Frankfurt University of Applied Sciences | more information»
Prof. Dr. Georg von Wangenheim, Universität Kassel | more information»

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