According to Cointelegraph, KPMG released a report on Bitcoin and ESG (environmental, social and governance) issues. The world's top four professional service companies found that Bitcoin "appears to have multiple advantages under the ESG framework."

The report looks at each component of ESG separately, noting that emissions are a better indicator of environmental damage than energy use. The report compares Bitcoin (BTC) emissions with emissions from other sources, from tobacco to tourism, and finds that its emissions rank second only to “Video (US)”. The report concludes: “Bitcoin’s emissions may be lower than discussed.”

The report reiterates common strategies for improving Bitcoin’s carbon footprint, such as using more renewable energy and energy from methane for mining.