BitPay Inc., a leading cryptocurrency payment service provider, is headquartered in the United States and operates globally, facilitating transactions in major markets. Founded in 2011, BitPay has established itself as a pioneer in the blockchain industry, enabling businesses and consumers to accept and make payments using Bitcoin and other cryptocurrencies. The company offers a range of core services, including payment processing, cryptocurrency wallets, and merchant solutions, distinguished by their user-friendly interface and robust security features. BitPay's unique approach to simplifying cryptocurrency transactions has positioned it as a trusted partner for thousands of merchants worldwide. With significant milestones such as securing partnerships with major retailers and expanding its service offerings, BitPay continues to lead the way in the evolving landscape of digital payments.
How does BitPay Inc.'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 Business 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.
BitPay Inc.'s score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BitPay Inc., headquartered in the US, 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 data suggests that BitPay may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives at this time. As the company operates within the cryptocurrency sector, it is essential for them to consider future climate commitments to align with growing environmental expectations in the industry.
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.
BitPay Inc. 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.