Celsius Network, commonly referred to as Celsius, is a leading cryptocurrency platform headquartered in the United States. Founded in 2017, Celsius has rapidly established itself in the blockchain industry, focusing on providing innovative financial services such as crypto lending, borrowing, and earning interest on digital assets. With a commitment to decentralisation and user empowerment, Celsius offers unique features like high-yield interest accounts and low-cost loans, setting it apart from traditional financial institutions. The company has achieved significant milestones, including a robust user base and substantial assets under management, positioning itself as a key player in the evolving landscape of digital finance. Celsius continues to drive growth and innovation, making it a notable name in the cryptocurrency sector.
How does Celsius'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 Food Product Manufacturing 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.
Celsius's score of 9 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Celsius Holdings, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a result, Celsius's climate commitments and initiatives remain unclear, and there is no information available regarding their strategies for reducing carbon emissions or their alignment with industry standards such as the Science Based Targets initiative (SBTi). In the context of the broader industry, companies are increasingly focusing on sustainability and carbon reduction, but without specific data or commitments from Celsius, it is challenging to assess their position in this evolving landscape.
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.
Celsius 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.
