At Walcon Virtual, we’ve been committed to virtual events since 2018 due to their countless advantages over traditional physical events. Large companies embracing tech transformation through virtual offices and metaverse environments can improve their ESG rankings thanks to the following benefits:

• CO₂ Emissions Reduction: Hosting digital events or using 3D metaverse platforms with avatars significantly reduces carbon emissions, mainly because attendees don’t need to travel by plane, train, or car. This reduction becomes even more substantial when employees don’t need to commute to the office. During the pandemic, remote work became necessary to protect workers, and crude oil consumption dropped to unprecedented levels, even reaching -$45 per barrel in April 2020. This showed how metaverses and digital transformation can be powerful allies in fighting climate change.
  
  
• Work-Life Balance & Flexibility: Since the pandemic began, companies that adopted remote work have seen increased employee commitment. Not having to commute saves workers around 6 hours per week for personal activities. Employees are also more open to working extra hours from home, and long business trips are avoided. Metaverse platforms also allow immersive team-building activities with colleagues from around the world—something that would be otherwise difficult due to cost, time zones, and travel logistics.
  
  
• Global Networking: Bringing together companies and institutions from all over the world in a virtual expo hall has changed the game. On one hand, virtual event costs are dramatically lower, improving company profitability. On the other hand, meeting people globally—without geographic barriers—opens up business opportunities previously unimaginable.
  
  

If you'd like to learn more about the ESG benefits of metaverse and virtual events, contact us with no obligation at:
www.walconvirtual.com/contact