{"id":15748,"date":"2023-05-17T00:00:00","date_gmt":"2023-05-17T00:00:00","guid":{"rendered":"https:\/\/hederav2stg.wpenginepowered.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/"},"modified":"2025-12-08T18:26:03","modified_gmt":"2025-12-08T18:26:03","slug":"cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability","status":"publish","type":"post","link":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/","title":{"rendered":"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability"},"content":{"rendered":"
\n

Zug, Switzerland – 17 May, 2023<\/strong> \u2013 The Hedera Governing Council, which stewards the Hedera open source, leaderless proof-of-stake public network, today announced that COFRA<\/a> Holding has joined the Governing Council. COFRA is a 182-year-old family enterprise with more than 60,000 employees and business activities in sectors including real estate investment, sustainable food, clean energy, fashion retail, private equity and asset management. <\/p>\n

As a member of the Governing Council of Hedera, COFRA, whose mission is to amaze customers and be a force for good, will work to develop innovative, blockchain-based solutions on Hedera, initially focusing on areas like tokenization and supply chain transparency. <\/p>\n

According to Simon Olson, Co-Chair of Hedera\u2019s Membership Committee, \u201cYou won\u2019t solve the world\u2019s most intractable problems by working in isolation. It\u2019s a coordination problem. In order to overcome problems like climate change and effectuate change on a global scale, you need to work with a wide cross section of stakeholders. COFRA has a long, successful track record of building coalitions to tackle difficult problems and we believe that they will contribute enormously to Hedera.\u201d <\/p>\n

Hedera is a leading, open source, leaderless proof-of-stake network which has processed over 8 billion transactions. Hedera has the highest real-world transactions per second (TPS) of any blockchain and, as found by a recent study by University College London<\/a>, Hedera\u2019s hashgraph proof of stake consensus algorithm is also the most energy efficient – making it an ideal partner for climate-conscious organizations like COFRA. <\/p>\n

###<\/strong><\/p>\n

About Hedera<\/strong><\/p>\n

Hedera is the open source, leaderless proof-of-stake network powering the next generation of Web3. Hedera\u2019s robust ecosystem is built by a global community, on a network governed by a diverse council of industry-leading organizations, including abrdn, Avery Dennison, Boeing, Chainlink Labs, COFRA Holding, DBS Bank, Dell, Dentons, Deutsche Telekom, DLA Piper, EDF (\u00c9lectricit\u00e9 de France), eftpos, FIS (WorldPay), Google, IBM, the Indian Institute of Technology (IIT), LG Electronics, The London School of Economics (LSE), Magalu, Nomura Holdings, ServiceNow, Shinhan Bank, Standard Bank Group, Swirlds, Tata Communications, Ubisoft, University College London (UCL), Wipro, and Zain Group.<\/p>\n

For more information, visit www.hedera.com, or follow us on Twitter at @Hedera, Telegram at t.me\/hederahashgraph, or Discord at www.hedera.com\/discord. The Hedera whitepaper can be found at www.hedera.com\/papers<\/a>.<\/p>\n

About COFRA Holding<\/strong><\/p>\n

COFRA Holding AG is a privately held group of companies active in various business sectors, including asset management (Anthos Fund & Asset Management), private equity investment management (Bregal), fashion retail (C&A), real estate investments (Redevco), renewable energy (Sunrock) and sustainable food (The Sustainable Food Group). Headquartered in Switzerland, the group employs more than 60,000 people across its business operations in Europe, the Americas and Asia. Each business operates in a spirit of engaged entrepreneurship while striving to be a \u201cforce for good\u201d in the world \u2013 a guiding principle that has characterised the Brenninkmeijer family owners\u2019 activities for six generations, since the founding of C&A in 1841. For more information, see www.cofraholding.com<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Zug, Switzerland – 17 May, 2023 \u2013 The Hedera Governing Council, which stewards the Hedera open source, leaderless proof-of-stake public network, today announced that COFRA Holding has joined the Governing Council.<\/p>\n","protected":false},"author":10,"featured_media":16854,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[48],"ppma_author":[43],"class_list":["post-15748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-news"],"acf":[],"yoast_head":"\nCOFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability | Hedera<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability | Hedera\" \/>\n<meta property=\"og:description\" content=\"Zug, Switzerland - 17 May, 2023 \u2013 The Hedera Governing Council, which stewards the Hedera open source, leaderless proof-of-stake public network, today announced that COFRA Holding has joined the Governing Council.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\" \/>\n<meta property=\"og:site_name\" content=\"Hedera\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-17T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-08T18:26:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hedera Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\"},\"author\":{\"name\":\"Hedera Team\",\"@id\":\"https:\/\/hedera.com\/#\/schema\/person\/2dc6146f9f20a44d3de58c834d52e9f4\"},\"headline\":\"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability\",\"datePublished\":\"2023-05-17T00:00:00+00:00\",\"dateModified\":\"2025-12-08T18:26:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\"},\"wordCount\":509,\"publisher\":{\"@id\":\"https:\/\/hedera.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png\",\"keywords\":[\"news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\",\"url\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\",\"name\":\"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability | Hedera\",\"isPartOf\":{\"@id\":\"https:\/\/hedera.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png\",\"datePublished\":\"2023-05-17T00:00:00+00:00\",\"dateModified\":\"2025-12-08T18:26:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage\",\"url\":\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png\",\"contentUrl\":\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/hedera.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/hedera.com\/#website\",\"url\":\"https:\/\/hedera.com\/\",\"name\":\"Hedera\",\"description\":\"Hello future\",\"publisher\":{\"@id\":\"https:\/\/hedera.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/hedera.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/hedera.com\/#organization\",\"name\":\"Hedera\",\"url\":\"https:\/\/hedera.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hedera.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/09\/hedera_logo.png\",\"contentUrl\":\"https:\/\/hedera.com\/wp-content\/uploads\/2025\/09\/hedera_logo.png\",\"width\":500,\"height\":375,\"caption\":\"Hedera\"},\"image\":{\"@id\":\"https:\/\/hedera.com\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability | Hedera","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/","og_locale":"en_US","og_type":"article","og_title":"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability | Hedera","og_description":"Zug, Switzerland - 17 May, 2023 \u2013 The Hedera Governing Council, which stewards the Hedera open source, leaderless proof-of-stake public network, today announced that COFRA Holding has joined the Governing Council.","og_url":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/","og_site_name":"Hedera","article_published_time":"2023-05-17T00:00:00+00:00","article_modified_time":"2025-12-08T18:26:03+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png","type":"image\/png"}],"author":"Hedera Team","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#article","isPartOf":{"@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/"},"author":{"name":"Hedera Team","@id":"https:\/\/hedera.com\/#\/schema\/person\/2dc6146f9f20a44d3de58c834d52e9f4"},"headline":"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability","datePublished":"2023-05-17T00:00:00+00:00","dateModified":"2025-12-08T18:26:03+00:00","mainEntityOfPage":{"@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/"},"wordCount":509,"publisher":{"@id":"https:\/\/hedera.com\/#organization"},"image":{"@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage"},"thumbnailUrl":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png","keywords":["news"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/","url":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/","name":"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability | Hedera","isPartOf":{"@id":"https:\/\/hedera.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage"},"image":{"@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage"},"thumbnailUrl":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png","datePublished":"2023-05-17T00:00:00+00:00","dateModified":"2025-12-08T18:26:03+00:00","breadcrumb":{"@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#primaryimage","url":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png","contentUrl":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-scaled.png","width":2560,"height":1440},{"@type":"BreadcrumbList","@id":"https:\/\/hedera.com\/blog\/cofra-holding-joins-hedera-governing-council-to-accelerate-dlt-adoption-and-further-leadership-in-sustainability\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/hedera.com\/"},{"@type":"ListItem","position":2,"name":"COFRA Holding Joins Hedera Governing Council to Accelerate DLT Adoption and Further Leadership in Sustainability"}]},{"@type":"WebSite","@id":"https:\/\/hedera.com\/#website","url":"https:\/\/hedera.com\/","name":"Hedera","description":"Hello future","publisher":{"@id":"https:\/\/hedera.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/hedera.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/hedera.com\/#organization","name":"Hedera","url":"https:\/\/hedera.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hedera.com\/#\/schema\/logo\/image\/","url":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/09\/hedera_logo.png","contentUrl":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/09\/hedera_logo.png","width":500,"height":375,"caption":"Hedera"},"image":{"@id":"https:\/\/hedera.com\/#\/schema\/logo\/image\/"}}]}},"featured_image_src":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-600x400.png","featured_image_src_square":"https:\/\/hedera.com\/wp-content\/uploads\/2025\/12\/Screenshot-2023-05-15-at-6.01.26-PM-600x600.png","author_info":{"display_name":"Hedera Team","author_link":"https:\/\/hedera.com\/blog\/author\/hedera-team\/"},"authors":[{"term_id":43,"user_id":10,"is_guest":0,"slug":"hedera-team","display_name":"Hedera Team","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/7ed01931dc9498365746508c4ca49ed0507ef65e04e0b82ffe88c50ef9242b1d?s=96&d=mm&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":""}],"_links":{"self":[{"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/posts\/15748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/comments?post=15748"}],"version-history":[{"count":0,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/posts\/15748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/media\/16854"}],"wp:attachment":[{"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/media?parent=15748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/categories?post=15748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/tags?post=15748"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/hedera.com\/wp-json\/wp\/v2\/ppma_author?post=15748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}