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 85% 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
Binance Holdings Limited, headquartered in China (CN), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that Binance may not have established formal sustainability initiatives or targets at this time. In the context of the cryptocurrency industry, many companies are increasingly focusing on their environmental impact, particularly regarding carbon emissions. However, without specific data or commitments from Binance, it is challenging to assess their position relative to industry standards or peers. As the sector evolves, it will be important for Binance to consider implementing measurable climate strategies to align with global sustainability efforts.
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.
