Bitpanda
Bitpanda, officially known as Bitpanda GmbH, is a leading European fintech company headquartered in Vienna, Austria (AT). Founded in 2014, Bitpanda has rapidly established itself in the cryptocurrency and digital asset trading industry, serving a diverse clientele across major operational regions in Europe. The platform offers a range of core services, including cryptocurrency trading, stock trading, and precious metals investment, all designed to provide users with a seamless and secure trading experience. Bitpanda's unique selling proposition lies in its user-friendly interface and a wide selection of assets, making it accessible for both novice and experienced investors. With significant milestones such as securing regulatory approvals and expanding its product offerings, Bitpanda has positioned itself as a trusted player in the market, continually striving to innovate and enhance its services for a growing user base.
DitchCarbon Score
How does Bitpanda'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 Solar Thermal Electricity 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
Bitpanda's score of 19 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bitpanda's reported carbon emissions
In 2023, Bitpanda reported significant carbon emissions, totalling approximately 29,098,400 kg CO2e. This figure includes 9,772,900 kg CO2e from Scope 2 emissions and a substantial 20,098,400 kg CO2e from Scope 3 emissions, which primarily stem from purchased goods and services, accounting for about 104,393,100 kg CO2e. Notably, Bitpanda's Scope 1 emissions were recorded at zero, indicating no direct emissions from owned or controlled sources. Despite the high levels of emissions, Bitpanda has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented climate pledges or science-based targets suggests that the company may still be in the early stages of formalising its climate commitments. As the industry increasingly prioritises sustainability, Bitpanda's future climate strategies will be crucial in aligning with global efforts to reduce greenhouse gas emissions.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 9,772,900 |
| Scope 3 | 20,098,400 |
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.
Bitpanda 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.
