Public Profile

BitPay Inc.

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.

4

Industry Benchmark

BitPay Inc.'s score of 23 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

BitPay Inc.'s reported carbon emissions

BitPay Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or commitments outlined in their climate initiatives. Without specific emissions figures or reduction goals, it is challenging to assess their carbon footprint or climate strategy. However, as a company operating in the cryptocurrency sector, BitPay is part of an industry increasingly scrutinised for its environmental impact. The absence of disclosed emissions data highlights a potential area for improvement in transparency and accountability regarding climate commitments.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BitPay Inc.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. BitPay Inc. is headquartered in US, which has a rank of low, indicating low grid carbon 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.

BitPay Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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