Argo Blockchain

Argo Blockchain plc, headquartered in GB, operates in the Computer and related services industry.

In 2023, Argo Blockchain reported Scope 2 emissions of about 200,000,000 kg CO2e, primarily from purchased electricity, and Scope 3 emissions of approximately 50,000,000 kg CO2e. Key categories within Scope 3 included capital goods (about 12,727,000 kg CO2e), purchased goods and services (approximately 508,000 kg CO2e), and fuel and energy related activities (about 26,486,000 kg CO2e). Scope 1 emissions data for 2023 is not available.

For 2022, the company's Scope 2 emissions were around 150,000,000 kg CO2e, with purchased electricity accounting for approximately 168,718,000 kg CO2e. Scope 3 emissions in 2022 totalled about 40,000,000 kg CO2e, with capital goods at approximately 21,525,000 kg CO2e, purchased goods and services at about 1,882,000 kg CO2e, and fuel and energy related activities at around 24,752,000 kg CO2e. Scope 1 emissions data for 2022 is not available.

Looking back to 2021, Argo Blockchain's Scope 2 emissions were about 61,077,000 kg CO2e, entirely from purchased electricity. Scope 3 emissions reached approximately 31,819,000 kg CO2e, including around 20,597,000 kg CO2e from capital goods, about 378,000 kg CO2e from purchased goods and services, and approximately 7,653,000 kg CO2e from fuel and energy related activities. Scope 1 emissions data for 2021 is not available.

In 2020, Argo Blockchain reported Scope 2 emissions of approximately 46,880,000 kg CO2e, all from purchased electricity. Scope 3 emissions were about 10,389,000 kg CO2e, with notable contributions from capital goods (approximately 281,000 kg CO2e), purchased goods and services (about 89,000 kg CO2e), and fuel and energy related activities (around 7,705,000 kg CO2e). Scope 1 emissions data for 2020 is not available.

Argo Blockchain has a commitment to climate positivity. In 2020, the company set an objective to become climate positive, a goal it achieved in 2021. This was accomplished by utilising renewable energy for mining operations and by offsetting more Scope 2 and Scope 3 greenhouse gas emissions than it emitted in 2020 and 2021. The company has near-term climate-neutral targets for Scope 1 and Scope 2 emissions, with a target year of 2024.