MGT Capital Investments, Inc., often referred to as MGT, is a prominent player in the technology and investment sectors, headquartered in the United States. Founded in 1976, the company has evolved significantly, focusing on innovative solutions in the cryptocurrency and gaming industries. MGT is recognised for its strategic investments in blockchain technology and its commitment to advancing digital asset management. With operations primarily in the US, MGT Capital has established a strong market position, leveraging its expertise to deliver unique products and services that cater to the growing demand for digital currencies. The company’s notable achievements include pioneering efforts in cryptocurrency mining and a robust portfolio that underscores its commitment to technological advancement. MGT Capital continues to shape the future of investment through its forward-thinking approach and dedication to excellence.
How does MGT Capital Investments, Inc.'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.
MGT Capital Investments, Inc.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MGT Capital Investments, Inc., headquartered in the US, 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 address carbon emissions at this time. As there are no emissions data or reduction initiatives available, MGT Capital Investments, Inc. appears to be in the early stages of developing a comprehensive climate strategy. In the context of the broader industry, many companies are increasingly adopting science-based targets and sustainability initiatives to mitigate their environmental impact. However, without specific commitments or data, MGT's position remains unclear in comparison to its peers.
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.
MGT Capital Investments, Inc. 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.
