Canaan Management, Inc. Sustainability Profile
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.
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.
Industry Benchmark
Canaan Management, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
How Carbon Intensive is Canaan Management, Inc.'s Industry?
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Canaan Management, 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.
Canaan Management, 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.
