Digihost Technology Inc.
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 20 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Digihost Technology Inc.'s reported carbon emissions
In 2022, Digihost Technology Inc. reported carbon emissions of approximately 21,238,440 kg CO2e, all of which fall under Scope 1 emissions. This figure represents a significant increase compared to previous years, with emissions recorded at about 2,845,410 kg CO2e in 2021 and 10,981,240 kg CO2e in 2020. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it committed to any climate pledges or science-based targets for emissions reduction. The absence of emissions data for 2023 and beyond suggests that Digihost is currently evaluating its climate commitments and may be focusing on future projections rather than historical data. The projected emissions for 2023 and subsequent years from the Fortistar North Tonawanda Facility are estimated at approximately 283,873,563 kg CO2e, indicating a potential area of concern for future sustainability efforts. Overall, while Digihost Technology Inc. has made strides in reporting its emissions, the lack of defined reduction strategies highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 43,306,650 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - |
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.
Digihost Technology Inc. is not committed to any reduction initiatives 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.
