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updated a month ago

Grayscale Solana Trust (SOL) Sustainability Profile

Company website

Grayscale Solana Trust (SOL), a prominent player in the cryptocurrency investment sector, is headquartered in the United States. Founded in 2021, the trust focuses on providing institutional and accredited investors with exposure to Solana, a high-performance blockchain known for its scalability and low transaction costs. As part of Grayscale Investments, a leader in digital asset management, the trust offers a unique investment vehicle that allows investors to gain indirect exposure to Solana without the complexities of direct ownership. Grayscale Solana Trust has quickly established itself in the rapidly evolving cryptocurrency landscape, positioning itself as a trusted option for those looking to diversify their portfolios with innovative blockchain technology.

DitchCarbon Score

How does Grayscale Solana Trust (SOL)'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.

3

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Grayscale Solana Trust (SOL)'s score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Grayscale Solana Trust (SOL)'s reported carbon emissions

Grayscale Solana Trust (SOL), headquartered in the US, currently does not have any publicly available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the trust. As a result, Grayscale Solana Trust's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. Without specific emissions data or reduction initiatives, it is challenging to assess their environmental impact or commitment to sustainability within the cryptocurrency sector.

How Carbon Intensive is Grayscale Solana Trust (SOL)'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grayscale Solana Trust (SOL)'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Grayscale Solana Trust (SOL)'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grayscale Solana Trust (SOL) is in US, which has a low grid carbon intensity relative to other regions.

Grayscale Solana Trust (SOL)'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.

Grayscale Solana Trust (SOL) 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Grayscale Solana Trust (SOL)'s Emissions with Industry Peers

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DeFi Technologies Inc.

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Pantera

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Construction work (45)
Updated 19 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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