Working Paper

Digital ESG or DESG helps the continuity of ESG even in difficult times.

DAO Working Group

Implementing a DAO for an ESG initiative on sustainability can be a great way to engage stakeholders and promote transparency in decision-making.

We are setting up an ESG DAO working group to address the following;

1. Define the goals and scope of the DAO: The size and composition of the DAO, including who the stakeholders will be and what level of involvement they will have in decision-making.
2. Determine the governance structure: The governance structure of the DAO will determine how decisions are made and who has voting rights. You may want to consider a hybrid governance structure that combines on-chain voting with off-chain discussions and decision-making.
3. Develop a proposal process: Develop a proposal process that allows stakeholders to submit proposals for sustainable initiatives related to production. These proposals should include details on the proposed initiative, its expected impact, and its budget requirements.
4. Establish a funding mechanism: Determine how funding for proposals will be allocated. This can be done through a token-based system where stakeholders receive tokens for participating in the DAO, and these tokens can be used to vote on proposals.