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Public Profile
Business Services
US
updated 2 months ago

BitPay Inc. Sustainability Profile

Company website

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.

DitchCarbon Score

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.

23

Industry Average

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.

29

Industry Benchmark

BitPay Inc.'s score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

27%

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BitPay Inc.'s reported carbon emissions

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. As such, BitPay's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. Without specific emissions data or reduction initiatives, it is challenging to assess BitPay's environmental impact or commitment to sustainability within the cryptocurrency industry.

How Carbon Intensive is BitPay Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BitPay Inc.'s primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is BitPay Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BitPay Inc. is in US, which has a low grid carbon intensity relative to other regions.

BitPay Inc.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

BitPay Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare BitPay Inc.'s Emissions with Industry Peers

Bitstamp Limited

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Ase Global

TW
•
Research and development services (73)
Updated about 1 month ago

Squarespace

US
•
Computer and related services (72)
Updated 6 days ago

China UnionPay Co., Ltd.

CN
•
Other business services (74)
Updated about 1 month ago

EliteSoft Global Inc.

US
•
Computer and related services (72)
Updated 24 days ago

Robinhood

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 20 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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