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Public Profile
Financial Intermediation
US
updated a month ago

Canaan Management, Inc.

Company website

Canaan Management, Inc., a prominent player in the technology and finance sectors, is headquartered in the United States. Founded in 2013, the company has established itself as a leader in blockchain technology and cryptocurrency mining solutions, with significant operations across North America and Asia. Canaan is renowned for its innovative ASIC (Application-Specific Integrated Circuit) miners, which are designed to optimise cryptocurrency mining efficiency. Their unique approach combines cutting-edge technology with a commitment to sustainability, setting them apart in a competitive market. With a strong market position, Canaan has achieved notable milestones, including partnerships with major blockchain enterprises and a successful public listing. The company continues to drive advancements in the digital asset space, solidifying its reputation as a trusted provider of high-performance mining equipment.

DitchCarbon Score

How does Canaan Management, 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.

17

Industry Average

Mean score of companies in the Financial Intermediation 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.

27

Industry Benchmark

Canaan Management, Inc.'s score of 17 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Canaan Management, Inc.'s reported carbon emissions

Canaan Management, 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 emissions data and commitments suggests that Canaan Management, Inc. may not have established formal climate initiatives or targets at this time. As the industry increasingly prioritises sustainability, it will be essential for Canaan Management, Inc. to consider developing and communicating its climate commitments to align with broader environmental goals.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Canaan Management, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for Canaan Management, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Canaan Management, 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.

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

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