CoinShares XBT Provider AB (Publ), headquartered in Sweden, is a pioneering entity in the cryptocurrency investment sector. Founded in 2015, the company has established itself as a leader in the digital asset space, primarily focusing on the issuance of exchange-traded products (ETPs) that provide investors with exposure to cryptocurrencies. With a strong presence in Europe, CoinShares XBT Provider is renowned for its innovative products, including Bitcoin and Ethereum ETPs, which are designed to simplify the investment process for both institutional and retail investors. The company’s commitment to transparency and regulatory compliance sets it apart in a rapidly evolving market. Recognised for its significant contributions to the cryptocurrency landscape, CoinShares XBT Provider continues to enhance its market position through strategic partnerships and a robust product offering, making it a trusted choice for those looking to invest in digital assets.
How does CoinShares XBT Provider AB (Publ)'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 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.
CoinShares XBT Provider AB (Publ)'s score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CoinShares XBT Provider AB (Publ), headquartered in Sweden, currently does not have any publicly available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures or commitments, it is challenging to assess their climate impact or sustainability efforts. However, the company operates within the cryptocurrency sector, which is increasingly scrutinised for its environmental footprint. As the industry evolves, it is anticipated that CoinShares will align with broader climate commitments and industry standards to address carbon emissions and enhance sustainability practices.
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.
CoinShares XBT Provider AB (Publ) 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.