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.
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.
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.
Canaan Management, Inc.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 data suggests that Canaan Management may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, the company does not inherit any emissions data from a parent or related organization, nor does it participate in recognised climate frameworks like the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Without specific emissions data or commitments, Canaan Management's climate impact remains unclear within the industry context.
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.