Public Profile

HIVE Digital Technologies Ltd.

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.

41

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.

25

Industry Benchmark

HIVE Digital Technologies Ltd.'s score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

HIVE Digital Technologies Ltd.'s reported carbon emissions

HIVE Digital Technologies Ltd., headquartered in Canada, has set ambitious climate commitments despite not disclosing specific carbon emissions data. The company has committed to reducing its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2023 as the base year. Additionally, HIVE aims to measure and reduce its Scope 3 emissions, which encompass indirect emissions from its value chain. In the long term, HIVE has pledged to achieve net-zero emissions by 2050. This includes a significant target to reduce total emissions across all scopes (1, 2, and 3) by 90% from the 2023 baseline by the year 2050. These targets have been validated through the Science Based Targets initiative (SBTi), aligning with the goal of limiting global warming to 1.5°C. HIVE's proactive approach to climate action reflects its commitment to sustainability and responsible business practices within the technology sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HIVE Digital Technologies Ltd.'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. HIVE Digital Technologies Ltd. is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

HIVE Digital Technologies Ltd. is committed to some reduction initiatives 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

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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