Argo Blockchain

Argo Blockchain, a UK-headquartered company in the Computer and related services sector, reported approximately 232,932,000 kg CO2e in total greenhouse gas emissions for 2023. This includes about 200,000,000 kg CO2e from Scope 2 emissions, primarily due to purchased electricity (approximately 192,872,000 kg CO2e), and around 50,000,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were capital goods (approximately 12,727,000 kg CO2e), purchased goods and services (about 508,000 kg CO2e), and fuel and energy-related activities (around 26,486,000 kg CO2e).

For 2022, Argo Blockchain reported approximately 216,960,000 kg CO2e in total emissions, with about 150,000,000 kg CO2e from Scope 2 (purchased electricity: around 168,718,000 kg CO2e) and approximately 40,000,000 kg CO2e from Scope 3.

In 2021, the company's total emissions were approximately 92,896,000 kg CO2e, comprising around 61,077,000 kg CO2e from Scope 2 (purchased electricity: approximately 61,077,000 kg CO2e) and about 31,819,000 kg CO2e from Scope 3.

Argo Blockchain aims to be a climate-positive company. In 2021, the company announced climate-positive status, achieving this goal by using renewable energy for mining operations and offsetting more Scope 2 and 3 greenhouse gas emissions than it emitted in 2020 and 2021.