CoinShares, officially known as CoinShares Holdings Limited, is a leading digital asset investment firm headquartered in the United Arab Emirates. Founded in 2013, CoinShares has established itself as a pioneer in the cryptocurrency industry, focusing on asset management and investment solutions for both institutional and retail clients. With a strong presence in Europe and North America, CoinShares offers a range of innovative products, including exchange-traded products (ETPs) and investment funds that provide exposure to various cryptocurrencies. Their unique approach combines traditional finance principles with cutting-edge blockchain technology, setting them apart in a rapidly evolving market. Recognised for their commitment to transparency and security, CoinShares has achieved significant milestones, including being one of the first firms to list a Bitcoin ETP on a European exchange. As a trusted name in digital asset management, CoinShares continues to shape the future of cryptocurrency investment.
How does Coinshares'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 Computer Services 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.
Coinshares's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Coinshares reported total carbon emissions of approximately 847,810 kg CO2e, with no emissions recorded under Scope 1. The company has not disclosed any emissions data for the years 2023, 2022, 2021, or 2020, indicating a lack of transparency in its carbon footprint reporting for those years. Coinshares has not set any specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of documented reduction strategies suggests that the company may need to enhance its climate commitments to align with industry standards. Overall, while Coinshares has reported its emissions for 2024, the lack of comprehensive data and reduction initiatives highlights an opportunity for improvement in its climate strategy.
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.
Coinshares 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.
