Coinbase
Coinbase, officially known as Coinbase Global, Inc., is a leading cryptocurrency exchange headquartered in the United States. Founded in 2012, it has rapidly established itself as a key player in the digital currency industry, serving millions of users across North America and Europe. The platform offers a range of services, including cryptocurrency trading, a digital wallet, and educational resources, making it accessible for both novice and experienced investors. Notable for its user-friendly interface and robust security measures, Coinbase has garnered a reputation for reliability in a volatile market. With significant milestones such as its direct listing on the NASDAQ in 2021, Coinbase continues to solidify its market position, driving innovation and adoption of cryptocurrencies globally.
DitchCarbon Score
How does Coinbase'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
Coinbase'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.
Let us know if this data was useful to you
Coinbase's reported carbon emissions
As of the latest available data, Coinbase has not publicly reported any specific carbon emissions figures, including Scope 1, 2, or 3 emissions. Consequently, there are no absolute emissions numbers to reference. Additionally, Coinbase has not established any documented reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is important to note that Coinbase's climate commitments and initiatives are currently unclear. The company does not appear to have cascaded any emissions data or targets from a parent organisation, indicating a lack of inherited climate performance metrics. Overall, while Coinbase operates within an industry increasingly focused on sustainability and carbon neutrality, specific details regarding their carbon emissions and climate commitments remain unavailable.
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.
Coinbase 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.
