HIVE Digital Technologies Ltd. Sustainability Profile
HIVE Digital Technologies Ltd., headquartered in California, is a leading player in the digital technology sector, specialising in innovative solutions for businesses across various industries. Founded in 2015, the company has rapidly established itself as a trusted provider of digital transformation services, including cloud computing, data analytics, and custom software development. With a commitment to excellence, HIVE Digital Technologies has achieved significant milestones, such as expanding its operational reach to major markets across North America and Europe. The company’s unique approach combines cutting-edge technology with tailored strategies, ensuring clients receive solutions that drive efficiency and growth. Recognised for its exceptional service and industry expertise, HIVE Digital Technologies continues to solidify its market position as a frontrunner in the digital landscape.
DitchCarbon Score
How does HIVE Digital Technologies Ltd.'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
HIVE Digital Technologies Ltd.'s score of 49 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HIVE Digital Technologies Ltd.'s reported carbon emissions
HIVE Digital Technologies Ltd., headquartered in Canada, has set ambitious climate commitments despite not reporting specific carbon emissions data. The company has committed to significant reductions in greenhouse gas (GHG) emissions across various scopes. Specifically, HIVE aims to reduce its Scope 1 and Scope 2 emissions by 42% by 2030, using 2023 as the base year. Additionally, HIVE has set a long-term target to achieve a 90% reduction in total emissions (Scope 1, 2, and 3) by 2050, also from a 2023 baseline. Furthermore, HIVE has pledged to reach net-zero emissions by 2050, aligning its targets with the Science Based Targets initiative (SBTi) to ensure they are consistent with the global goal of limiting warming to 1.5°C. These commitments reflect HIVE's proactive approach to addressing climate change and its dedication to sustainable practices within the ground transportation sector.
How Carbon Intensive is HIVE Digital Technologies Ltd.'s Industry?
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HIVE Digital Technologies Ltd.'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.
HIVE Digital Technologies Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
