The metaverse is adding a new layer to the traditional internet,
rich with virtual and augmented realities. At the same time, the
environmental, social and governance (ESG) movement is developing
new criteria by which companies will be judged by investors,
assessing corporate performance according to ESG standards.
Companies developing metaverse strategies would do well to consider
the prospect of new technologies to help – or hinder –
execution on ESG goals and how to provide evidence on each
measure.
The Environmental Impact of Metaverse Adoption
The metaverse provides immersive experiences. Users can create
their own worlds and even choose how the laws of nature apply in
those worlds. But however otherworldly these applications may seem
to the user, they rely on massive computing processes that have
real-world impacts.
