CANAAN TECHNOLOGY
Canaan Technology, also known as Canaan Creative, is a leading player in the blockchain technology sector, headquartered in China (CN). Founded in 2013, the company has established itself as a pioneer in the development of high-performance computing solutions, particularly in the cryptocurrency mining industry. Canaan is renowned for its innovative ASIC (Application-Specific Integrated Circuit) miners, which are designed to optimise efficiency and performance for Bitcoin mining. The company has achieved significant milestones, including being one of the first to go public in the sector, solidifying its market position. With a strong presence in Asia and expanding operations globally, Canaan Technology continues to drive advancements in blockchain technology, making it a notable name in the industry.
DitchCarbon Score
How does CANAAN TECHNOLOGY'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 TECHNOLOGY's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CANAAN TECHNOLOGY's reported carbon emissions
CANAAN TECHNOLOGY, headquartered in China (CN), currently does not provide specific carbon emissions data or reduction targets. Without available figures on their emissions, it is challenging to assess their climate commitments or performance in relation to industry standards. However, the company may still be engaged in various sustainability initiatives or climate pledges, although no specific information is provided in the available data. As the industry increasingly focuses on reducing carbon footprints, it is essential for companies like CANAAN TECHNOLOGY to establish clear emissions reduction strategies and targets to align with global climate goals.
Industry emissions intensity
Location emissions 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.
CANAAN TECHNOLOGY 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.
