Caleb & Brown Powers Crypto Holdings with Verified Renewables

C&B offers an example of broader sustainability leadership to buy renewables to cover the electricity consumption of Bitcoin miners
2 Min

Crypto Climate Accord Showcase: Caleb & Brown powers crypto holdings with verified renewables

Melbourne, Australia - January 25th, 2021 - Caleb & Brown, the world’s leading cryptocurrency brokerage, is leading the charge by powering their crypto holdings with verified renewables, all documented on chain.

Using the emerging solutions and good practices being developed by the Crypto Climate Accord community, Caleb & Brown took a leadership position among crypto brokerage firms wanting to offer customers verifiable ESG (environmental, social, governance) solutions. C&B applied the “mined since genesis” methodology to account for and procure the energy attribute certificates (EAC) needed to cover the energy use associated with 3 BTCs for the Northern Center for Contemporary Art (NCCA) in Darwin, Australia.

“Sustainability as a concept, is only sustainable with real action and we are proud to be doing our part to spur the Cryptocurrency industry on to taking greater responsibility for the world around us,” said Dr. Prash Puspanathan, Co-Founder of Caleb & Brown. “Acknowledging that the industry does contribute to energy consumption and carbon emissions, we feel it is our duty to both Mother Earth, for the resources that fuel our industry and to our clients, to offer them the opportunity to optimise the sustainability of their investments."

Read the Crypto Climate Accord Solution Showcase here

About Crypto Climate Accord

Inspired by the Paris Climate Agreement, the Accord is a private sector-led initiative for the entire crypto community focused on decarbonizing the cryptocurrency industry in record time.

Learn more at cryptoclimate.org, or connect on Twitter and YouTube

About Caleb & Brown

Caleb & Brown was founded in 2016 and has grown to become the world’s leading cryptocurrency brokerage.

Caleb & Brown offers personalised service for buying, selling and trading hundreds of cryptocurrencies, at spot price, via a single entity.

In addition to brokerage services, Caleb & Brown offers safe storage solutions using industry-leading tools.

Learn more at calebandbrown.com, or connect on Twitter and LinkedIn