Binance Holdings Limited
Binance Holdings Limited, commonly known as Binance, is a leading global cryptocurrency exchange headquartered in China. Founded in 2017, Binance has rapidly established itself as a dominant player in the digital asset industry, offering a comprehensive suite of services that includes spot trading, futures, and staking. With a presence in multiple operational regions, Binance caters to millions of users worldwide, providing a platform that supports a vast array of cryptocurrencies. Its unique features, such as low trading fees and an intuitive user interface, set it apart from competitors. Recognised for its innovative approach, Binance has achieved significant milestones, including the launch of its own blockchain, Binance Smart Chain, which enhances its ecosystem. As a market leader, Binance continues to shape the future of finance through its commitment to security, transparency, and user empowerment.
DitchCarbon Score
How does Binance Holdings Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Binance Holdings Limited's score of 15 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Binance Holdings Limited's reported carbon emissions
As of the latest available data, Binance Holdings Limited does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to analyse. Additionally, the company has not set any formal reduction targets or commitments under frameworks such as the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is important to note that Binance Holdings Limited has not publicly outlined any significant climate commitments or initiatives aimed at reducing its carbon footprint. This lack of transparency may reflect broader industry trends where many companies are still developing their sustainability strategies. Overall, without concrete emissions data or reduction targets, it is challenging to assess Binance's environmental impact or commitment to climate action.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Binance Holdings Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
