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.
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.
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.
Binance Holdings Limited's score of 20 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Binance Holdings Limited, headquartered in China (CN), currently does not have publicly available data regarding its carbon emissions, as there are no reported figures for emissions in kg CO2e. Additionally, there are no specified reduction targets or climate pledges outlined in their initiatives. In the context of the cryptocurrency industry, companies are increasingly recognising the importance of addressing climate change and reducing carbon footprints. While Binance has not disclosed specific commitments or targets, the broader industry is moving towards greater transparency and accountability in environmental impact. As the conversation around sustainability continues to evolve, it remains crucial for companies like Binance to establish clear climate commitments and reduction strategies to align with global efforts in combating climate change.
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 committed to any reduction initiatives 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.