LocalBitcoins Oy Sustainability Profile
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.
DitchCarbon Score
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.
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
LocalBitcoins Oy's score of 26 is lower 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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LocalBitcoins Oy's reported carbon emissions
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. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that LocalBitcoins Oy may not have established formal sustainability initiatives or targets at this time. As the cryptocurrency industry increasingly faces scrutiny regarding its environmental impact, LocalBitcoins Oy's current position highlights a potential area for future development in climate responsibility and transparency.
How Carbon Intensive is LocalBitcoins Oy's Industry?
How Carbon Intensive is LocalBitcoins Oy's Location?
LocalBitcoins Oy'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.
LocalBitcoins Oy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
