The purpose of this paper is to discuss the scheme of improving the transparency of ESG information disclosure based on blockchain technology. With the increasing global attention to environmental protection, social responsibility, and corporate governance (ESG), improving the transparency of ESG information disclosure has become the focus of enterprises and society. Blockchain technology provides new possibilities for improving the transparency of ESG information disclosure because of its decentralization, non-tampering, and traceability. This paper first introduces the principles and advantages of blockchain technology, as well as the connotation and importance of ESG information disclosure, and then discusses the combination of blockchain and ESG information disclosure. Subsequently, the paper puts forward a scheme to improve the transparency of ESG information disclosure based on blockchain, including the objectives and principles of scheme design, application architecture, implementation steps, and strategies. It also points out the challenges that may be encountered in the implementation of the scheme, such as technical constraints, uncertainty of laws, regulations, supervision, and acceptance of enterprises and society, and provides corresponding countermeasures. Finally, the paper summarizes the research and emphasizes the enormous potential of blockchain technology in improving the transparency of ESG information disclosure.
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Yang, S. (2024) Research on Improving the Transparency of ESG Information Disclosure Based on Blockchain Technology. Scientific Research Bulletin, 1(6), 1-6.