Jakarta, Pintu News – Ripple (XRP), developed by Ripple Labs in 2012, has proven its commitment to making cross-border payments faster and easier. Ripple’s 2024 Impact Report shows that the company is not only focused on technological innovation, but also contributes greatly to various social and environmental initiatives.
Ripple (XRP) has invested more than $1 million to support a student initiative at NYU Abu Dhabi, reaffirming its commitment to blockchain research in the Middle East. The initiative is part of the University Blockchain Research Initiative (UBRI), which now partners with 60 of the world’s leading universities. UBRI has funded more than 1,500 research and technical projects that are shaping the future of crypto and decentralized technologies.
In 2024, UBRI expanded its reach by adding several educational institutions such as Yonsei University in South Korea, National Kaohsiung University of Science and Technology in Taiwan, Nanyang Technological University in Singapore, and eBS Universität in Germany. UBRI Connect, held in Zurich, gathered over 200 participants from more than 50 universities to collaborate on blockchain technology.
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Ripple (XRP) has maintained a carbon neutral status for the XRP Ledger (XRPL) since 2020. By 2024, Ripple managed to secure 95% of the carbon removal required to achieve its net-zero goal by 2030. The company also joined the Sustainable Aviation Buyers Alliance (SABA) to accelerate the adoption of sustainable aviation fuels, which can reduce carbon intensity by 75% compared to conventional jet fuel.
The efforts supported by Ripple are expected to reduce 500,000 tons of CO₂e in the next five years. Ripple is also contributing to carbon market transparency through the Centigrade platform, co-founded with Rocky Mountain Institute to increase accessibility and trust in voluntary carbon trading.
As many as 80% of Ripple employees participate in the Ripple Impact program, making tangible contributions in different parts of the world. They engage in a range of activities, from mentoring job seekers in New York to packaging claimed food in London and supporting young students in Bangalore.
This shows Ripple’s commitment not only to technological innovation, but also to social and community development. Ripple’s biggest support was recorded in education and the arts, which attracted 28.8% of the total contributions. This was followed by health and mental health with 28.2%, initiatives focused on children and youth with 21.1%, and human rights with 11.5%.
The Ripple 2024 Impact Report shows how a technology company can play an active role in global social and environmental development. Through innovation and strategic partnerships, Ripple (XRP) continues to demonstrate that blockchain technology is more than just a financial tool, but also a driver of positive social change.
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