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 13 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Celsius, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it specify any reduction targets or climate commitments. Without specific emissions figures or defined initiatives, it is unclear how the company is addressing its carbon footprint or contributing to climate action. In the absence of concrete data, it is essential for Celsius to establish and communicate its climate commitments to align with industry standards and expectations for sustainability.
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.
Celsius 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.