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HIVE Digital Technologies Ltd.
Computer ServicesCanada
Last verified 17 days agohivedigitaltechnologies.com
HIVE Digital Technologies Ltd., often referred to simply as HIVE, stands as a pioneering force within the computer and related services industry. Established in 2017 and headquartered in Canada, HIVE notably became the first publicly traded cryptocurrency mining company. The firm operates state-of-the-art, sustainable data centres across strategic locations including Canada, Sweden, and Iceland.
HIVE Digital specialises in developing and maintaining essential blockchain infrastructure, powered predominantly by green energy. Its core business revolves around efficient cryptocurrency mining operations, focusing on digital assets such as Bitcoin. This commitment to utilising clean, renewable energy sources sets HIVE apart as a leader in environmentally responsible digital asset production.
Through its unique approach, HIVE Digital continues to drive innovation and sustainable growth within the rapidly evolving global blockchain landscape. The company’s efforts contribute significantly to the decentralised digital economy while upholding strong ecological principles.
42
DitchCarbon score
+4 vs industry average
HIVE Digital Technologies Ltd.’s score of 42 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Computer Services has below-average carbon intensity
Industry performance
0.246
20182025
The Computer Services industry has reduced its overall emissions by 11% since 2018
Reported emissions
No reported emissions data is available for HIVE Digital Technologies Ltd. yet.
HIVE Digital Technologies Ltd.'s reported carbon emissions
HIVE Digital Technologies Ltd., a Canadian company in the Computer and related services sector, has not reported its carbon emissions data.
However, the company demonstrates a commitment to climate action through its Science Based Targets initiative (SBTi) commitments, cascaded from HIVED LTD. HIVED LTD, a Small or Medium Enterprise (SME) in the United Kingdom (UK) with a sector in Food and Beverage Processing and Ground Transportation - Trucking Transportation, has set the following targets:
- Near-term target: Reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2023 base year. This target was approved using a streamlined target validation route exclusive to SMEs and is consistent with reductions required to keep warming to 1.5°C. The company also commits to measure and reduce its Scope 3 emissions.
- Long-term target: Reach net-zero by 2050, committing to reduce Scope 1, 2, and 3 emissions by 90% by 2050 from a 2023 base year. This long-term target is also consistent with a 1.5°C warming scenario.
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HIVE Digital Technologies Ltd.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
HIVE Digital Technologies Ltd.17 days ago
42
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