NDAX, or the National Digital Asset Exchange, is a prominent cryptocurrency exchange headquartered in Calgary, Canada. Founded in 2018, NDAX has quickly established itself as a key player in the digital asset industry, offering a secure and user-friendly platform for trading a diverse range of cryptocurrencies. With a focus on compliance and security, NDAX provides services that include spot trading, staking, and a robust wallet solution, setting it apart from competitors. The exchange is known for its commitment to customer support and educational resources, catering to both novice and experienced traders. As a trusted platform in the Canadian market, NDAX has achieved significant milestones, including regulatory compliance and partnerships that enhance its service offerings, solidifying its position as a leading exchange in the rapidly evolving cryptocurrency landscape.
How does NDAX'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 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.
NDAX's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
NDAX, headquartered in Canada, currently does not have any reported 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 organisation. This lack of data suggests that NDAX may still be in the early stages of developing its climate commitments or reporting frameworks. In the context of the industry, many organisations are increasingly adopting science-based targets and committing to net-zero emissions. NDAX's absence of emissions data and reduction initiatives may reflect a need for further engagement with climate action strategies to align with industry standards. As the focus on sustainability intensifies, it will be crucial for NDAX to establish clear climate commitments and track its carbon footprint to enhance its environmental responsibility.
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.
NDAX 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.