In a bid to turn environment friendly, Ethereum (CRYPTO: ETH) layer 2 scaling solution Polygon (CRYPTO: MATIC) pledged $20 million to fully offset the impact of its carbon footprints in 2022 as a part of its "Green Manifesto."
The company said it is buying $400,000 worth of high-quality and traceable blockchain technology and MCO2 carbon credits, equivalent to roughly 90,000 tons of CO2 emissions. It will then selectively retire the offsets within the carbon token pools that meet the highest standards for additionality and positive environmental impact.
