Greenidge Generation Holdings Inc.
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.
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
Greenidge Generation Holdings Inc.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 set any reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. In previous years, emissions data is similarly absent, with no reported figures for 2022 or 2021. This lack of transparency in emissions reporting may reflect broader industry challenges in tracking and managing carbon footprints, particularly in sectors like energy generation. Greenidge Generation Holdings Inc. operates within a context where climate commitments are increasingly scrutinised, and stakeholders expect clear strategies for emissions reduction. However, without specific data or targets, the company's climate impact remains unclear.
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.
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.
