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.
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.
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.
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.
In 2023, Digihost Technology Inc. reported projected carbon emissions of approximately 28,387,356 kg CO2e from the Fortistar North Tonawanda Facility, based on a 55% capacity factor. This figure reflects emissions from electricity generation, although specific scopes (Scope 1, 2, or 3) were not disclosed. The company has not set any formal reduction targets or initiatives, as indicated by the absence of SBTi or other reduction commitments. The emissions data for previous years shows a consistent pattern, with 2022 emissions also projected at about 28,387,356 kg CO2e, and 2021 emissions at approximately 2,581,313 kg CO2e. The emissions from 2020 were around 9,962,016 kg CO2e, while 2019 emissions were about 8,387,077 kg CO2e. The data indicates a significant reliance on the Fortistar North Tonawanda Facility for electricity generation, which has been a consistent source of emissions. Digihost Technology Inc. does not currently inherit emissions data from any parent or related organizations, and there are no documented climate pledges or reduction initiatives in place. The company’s emissions profile highlights the need for a strategic approach to carbon management and climate commitments in the future.
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.
Digihost Technology Inc. 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.