Ecosystem and Method for Exchanging Information About ESG Data of a Product Related Entity

A system comprising:

• subject participants, at least one verifier participant, and at least one certifier participant of a communication network each exchanging information about environmental, social and corporate governance (ESG) data of a product related entity;
• wherein at least one subject participant of the subject participants is configured to provide at least one proof derived from an ESG credential via the communication network and the at least one of the verifier participant is configured to receive the at least one proof via the communication network;
• wherein the at least one subject participant is configured to receive the ESG credential from the at least one certifier participant;
• wherein the at least one proof is configured to assign an authenticity of the at least one certifier participant providing the ESG credential;
• wherein the at least one proof is further configured to assign an integrity of the ESG data, parts of the ESG data or an attribute of the ESG data;
• wherein the system further comprising nodes of a decentralized registry, the decentralized registry being configured for managing at least one public key of the at least one certifier participant;
• and
• wherein the decentralized registry provides a public key of the at least one certifier participant corresponding to the at least one proof to the at least one verifier participant to enable the at least one verifier participant to cryptographically verify an authenticity and integrity with the at least one public key via a computing component of the at least one verifier participant.