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  2. Greenidge Generation Holdings Inc.
Public Profile
Computer Services
US
updated 5 days ago

Greenidge Generation Holdings Inc.

Company website

Greenidge Generation Holdings Inc., commonly referred to as Greenidge, is a prominent player in the energy sector, headquartered in the United States. Founded in 2017, the company has rapidly established itself in the renewable energy and cryptocurrency mining industries, primarily operating in New York. Greenidge is renowned for its unique approach to energy production, leveraging natural gas to power its operations while also supporting sustainable practices. The company’s core offerings include energy generation and cryptocurrency mining, distinguished by their commitment to utilising environmentally responsible methods. Greenidge has achieved significant milestones, including the development of one of the first power plants in the U.S. to integrate cryptocurrency mining with energy production. With a strong market position, Greenidge Generation Holdings Inc. continues to innovate, contributing to the evolving landscape of energy and digital currencies.

DitchCarbon Score

How does Greenidge Generation Holdings 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.

22

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.

27

Industry Benchmark

Greenidge Generation Holdings Inc.'s score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Greenidge Generation Holdings Inc.'s reported carbon emissions

As of 2023, Greenidge Generation Holdings Inc. has not disclosed any specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company has also not reported any significant reduction targets or achievements, indicating a lack of formal climate commitments at this time. In previous years, emissions data for 2022 and 2021 were similarly not disclosed, suggesting a consistent absence of detailed emissions reporting. The company operates within the energy sector, which is under increasing scrutiny for its environmental impact, particularly regarding carbon emissions. Greenidge Generation Holdings Inc. has not cascaded any emissions data from a parent or related organization, and there are no known climate pledges or initiatives currently associated with the company. As the industry evolves, it is crucial for companies like Greenidge to establish clear climate commitments and transparency in emissions reporting to align with global sustainability goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Greenidge Generation Holdings Inc.'s primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Greenidge Generation Holdings Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Greenidge Generation Holdings 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.

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

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Where does DitchCarbon data come from?

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