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Public Profile
Funds, trusts, and financial vehicles
SG
updated 2 months ago

Bybit Fintech Limited Sustainability Profile

Company website

Bybit Fintech Limited, commonly known as Bybit, is a leading cryptocurrency exchange headquartered in Singapore (SG). Founded in 2018, Bybit has rapidly established itself as a prominent player in the fintech industry, focusing on derivatives trading and digital asset management. The platform is renowned for its user-friendly interface, advanced trading features, and robust security measures, catering to both novice and experienced traders. With a strong presence in major operational regions including Asia, Europe, and the Americas, Bybit offers a diverse range of products and services, such as perpetual contracts and spot trading. The company has achieved significant milestones, including reaching millions of registered users and processing billions in daily trading volume. Bybit's commitment to innovation and customer satisfaction has solidified its position as a trusted exchange in the competitive cryptocurrency market.

DitchCarbon Score

How does Bybit Fintech 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.

26

Industry Average

Mean score of companies in the Funds, trusts, and financial vehicles 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.

25

Industry Benchmark

Bybit Fintech Limited's score of 26 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Bybit Fintech Limited's reported carbon emissions

Bybit Fintech Limited, headquartered in Singapore (SG), 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 Bybit may not have established formal commitments to address its carbon footprint or engage in climate initiatives at this time. As a result, Bybit's climate commitments remain unclear, and the company does not appear to inherit emissions data or targets from any parent or related organizations. Without specific emissions figures or reduction initiatives, it is challenging to assess Bybit's impact on climate change or its alignment with industry standards for sustainability.

How Carbon Intensive is Bybit Fintech Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bybit Fintech Limited's primary industry is Funds, trusts, and financial vehicles, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Bybit Fintech Limited'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 Bybit Fintech Limited is in SG, which has a very low grid carbon intensity relative to other regions.

Bybit Fintech Limited'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.

Bybit Fintech Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. 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 Bybit Fintech Limited's Emissions with Industry Peers

Bitstamp Limited

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Updated about 2 months ago

Paypal

US
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Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Dunamu Inc.

KR
•
Computer and related services (72)
Updated 17 days ago

Gate Technology Inc.

KY
•
Services auxiliary to financial intermediation (67)
Updated 8 days ago

OKEX Technology Company Limited

BZ
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

SOCOMO Technologies Pvt Ltd

IN
Updated about 1 month 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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