Galaxy Digital Holdings
Galaxy Digital Holdings Ltd., commonly referred to as Galaxy Digital, is a leading financial services and investment management firm focused on the cryptocurrency and blockchain sectors. Headquartered in the United States, the company has established a significant presence in major operational regions, including North America and Europe. Founded in 2018, Galaxy Digital has quickly become a key player in the digital asset industry, offering a range of services such as trading, asset management, and advisory solutions. What sets Galaxy Digital apart is its comprehensive approach to the digital asset ecosystem, combining institutional-grade services with deep market expertise. The firm has achieved notable milestones, including strategic partnerships and significant investments in blockchain technology. With a strong market position, Galaxy Digital continues to drive innovation and growth within the rapidly evolving cryptocurrency landscape.
DitchCarbon Score
How does Galaxy Digital Holdings'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 Services Auxiliary to 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.
Industry Benchmark
Galaxy Digital Holdings's score of 31 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Galaxy Digital Holdings's reported carbon emissions
In 2023, Galaxy Digital Holdings reported total carbon emissions of approximately 278,000,000 kg CO2e, comprising 3,232,000 kg CO2e from Scope 1, 272,876,000 kg CO2e from Scope 2, and 6,483,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to 2022, where total emissions were about 31,950,000 kg CO2e, with Scope 2 emissions at 15,042,400 kg CO2e and Scope 3 emissions at 16,907,400 kg CO2e. In 2021, the company reported emissions of approximately 6,000,000 kg CO2e, with Scope 2 emissions at 4,822,000 kg CO2e and Scope 3 emissions at 1,713,000 kg CO2e. Notably, Galaxy Digital has not established specific reduction targets or climate pledges, indicating a potential area for future commitment in sustainability practices. The company’s emissions profile highlights a reliance on energy-intensive operations, particularly in Scope 2 emissions, which are primarily linked to electricity consumption. As the industry increasingly focuses on climate commitments, Galaxy Digital's current lack of defined reduction initiatives may necessitate strategic planning to align with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000,000 |
| Scope 2 | 4,822,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 1,713,000 | 00,000,000 | 0,000,000 |
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.
Galaxy Digital Holdings 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.
