Digihost Technology Inc. Sustainability Profile
Digihost Technology Inc., a prominent player in the blockchain and cryptocurrency sector, is headquartered in the United States. Founded in 2020, the company has rapidly established itself as a leader in digital asset management and mining operations, with significant activities in North America. Specialising in environmentally sustainable cryptocurrency mining, Digihost leverages innovative technologies to optimise energy efficiency, setting it apart in a competitive market. The company’s commitment to green energy solutions has garnered attention, positioning it favourably among eco-conscious investors and stakeholders. With a focus on scalability and operational excellence, Digihost Technology Inc. continues to achieve notable milestones, reinforcing its status as a key contributor to the evolving landscape of digital currencies.
DitchCarbon Score
How does Digihost Technology Inc.'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 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.
Industry Benchmark
Digihost Technology Inc.'s score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Digihost Technology Inc.'s reported carbon emissions
In 2023, Digihost Technology Inc. reported projected carbon emissions of approximately 28,387,356 kg CO2e from the Fortistar North Tonawanda Facility, reflecting a capacity factor of 55%. This figure is consistent across subsequent years, with similar projections for 2024 and 2025. The emissions data is classified under a scope that is not specifically defined, indicating a lack of detailed categorisation into Scope 1, 2, or 3 emissions. Digihost has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. The company has not committed to any science-based targets (SBTi) or other climate pledges, which suggests a need for further development in its climate strategy. Overall, while Digihost Technology Inc. has significant projected emissions, it currently lacks defined reduction commitments or initiatives to address its carbon footprint.
How Carbon Intensive is Digihost Technology Inc.'s Industry?
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Digihost Technology Inc.'s Climate Goals (2030 & 2050)
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.
Digihost Technology Inc. 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.
