LocalBitcoins Oy, founded in 2012 and headquartered in Finland (FI), is a pioneering peer-to-peer cryptocurrency exchange that has significantly shaped the digital currency landscape. Operating primarily in Europe, Asia, and the Americas, LocalBitcoins facilitates the buying and selling of Bitcoin through a user-friendly platform that connects traders directly. The company stands out for its unique escrow service, which ensures secure transactions between users, enhancing trust in the trading process. With millions of users globally, LocalBitcoins has established itself as a leader in the cryptocurrency industry, known for its commitment to privacy and decentralisation. Over the years, it has achieved notable milestones, including a robust reputation for reliability and a diverse range of payment options, making it a preferred choice for both novice and experienced traders.
How does LocalBitcoins Oy'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.
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.
LocalBitcoins Oy's score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LocalBitcoins Oy, headquartered in Finland (FI), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. As there are no emissions data or reduction initiatives available, LocalBitcoins Oy's climate commitments remain unclear. The absence of reported emissions may reflect a broader trend in the cryptocurrency industry, where many companies are still developing their sustainability strategies and emissions reporting frameworks. In summary, without specific emissions data or reduction targets, LocalBitcoins Oy's current climate commitments are not defined, highlighting an opportunity for the company to enhance its environmental accountability and transparency in the future.
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.
LocalBitcoins Oy 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.