The following is a press release published by Lukka, originally published here: https://lukka.tech/vechain-selects-lukka/
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VeChain, a global leader in blockchain-powered enterprise and sustainability applications, has announced a strategic partnership with Lukka, the leading provider of ESG compliance and analytics services in the blockchain industry. This collaboration highlights VeChain’s commitment to aligning its ecosystem with evolving global regulations and sustainability standards.
Patrick Corker, Head of Strategy of Lukka, commented “We are honored to collaborate with VeChain, a forward-thinking leader in blockchain-based sustainability. Lukka’s ESG solutions enable VeChain to proactively address regulatory challenges and ensure robust governance practices, setting a benchmark for transparency and accountability in blockchain.”
Lukka’s integration will empower VeChain with sophisticated ESG scoring methodologies tailored for blockchain ecosystems. This includes detailed environmental, social, and governance analysis of VeChain’s tokens (VET, VTHO, and B3TR), ensuring compliance with emerging regulatory frameworks across global markets. The integration underscores VeChain’s mission to utilize blockchain technology for meaningful environmental and social impact.
Sunny Lu, CEO of VeChain, stated: “Partnering with Lukka marks another significant step in our commitment to ensuring compliance across every aspect of our ecosystem. As global regulators place increasing emphasis on sustainability and governance, we are ensuring that VeChain remains at the forefront of compliance and innovation, as we push for mass adoption of our technology. Lukka’s expertise in ESG scoring strengthens our ability to meet these standards and further validates blockchain as a powerful tool for sustainability.”
The partnership also reflects the increasing focus on compliance within the blockchain industry. With regulatory developments worldwide driving demand for robust ESG reporting and accountability, Lukka’s solutions position VeChain to address these challenges effectively.
“As ESG considerations become central to regulatory and investor decisions, blockchain protocols must prioritize sustainability and governance,” added Patrick Corker. “Lukka’s ESG tools provide the transparency and reliability needed to meet these expectations, enabling organizations like VeChain to lead the way in setting industry standards.”
By adopting Lukka’s ESG solutions, VeChain strengthens its role as a global leader in sustainable blockchain practices and underscores its commitment to meeting the growing expectations of regulators, investors, and ecosystem participants.
About VeChain
Founded in 2015, VeChain built a world leading enterprise smart contract platform, VeChainThor, helping deliver blockchain adoption apps to hundreds of enterprise partners.
Building on this expertise, VeChain, in close partnership with Boston Consulting Group, launched the ‘Better’ ecosystem — comprised of sustainability apps that use tokenization and incentivization to reward users, businesses and other stakeholders for sustainable actions.
To learn more, including how you can build apps of your own, grants, documentation and more, visit vechain.org — or vebetter.com to explore.
About Lukka
Founded in 2014, Lukka serves risk-mature businesses worldwide with enterprise data and software solutions. As a global team, headquartered in the United States, Lukka solves financial, risk, compliance, and trade finance use cases that are complicated by the characteristics of blockchain data.
Lukka’s data and software products are award-winning, independently audited, and designed to exceed institutional standards, such as those issued by the AICPA, ISO, IOSCO, and other trusted organizations, that focus on data quality, financial calculation accuracy & completeness, and managing technology operational risks. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.
Our global team is ready to partner with you to solve complex data challenges.
VeChain Selects Lukka to To Drive Highest Standards For Blockchain Adoption was originally published in VeChain on Medium, where people are continuing the conversation by highlighting and responding to this story.
