Paxos Trust Company, LLC Sustainability Profile
Paxos Trust Company, LLC, headquartered in the United States, is a leading player in the blockchain and financial technology industry. Founded in 2012, Paxos has established itself as a pioneer in digital asset solutions, focusing on the creation and management of regulated blockchain-based products. The company operates primarily in the US but has expanded its influence globally, offering services such as cryptocurrency trading, settlement, and custody solutions. Paxos is renowned for its unique offerings, including the Pax Dollar (USDP), a stablecoin designed to provide a reliable digital currency experience. With a commitment to regulatory compliance and security, Paxos has achieved significant milestones, positioning itself as a trusted partner for institutions navigating the evolving landscape of digital finance. Its innovative approach and robust infrastructure have garnered recognition, solidifying Paxos's reputation as a market leader in the digital asset space.
DitchCarbon Score
How does Paxos Trust Company, LLC'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 Business 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
Paxos Trust Company, LLC's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paxos Trust Company, LLC's reported carbon emissions
Paxos Trust Company, LLC, headquartered in the US, 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. As such, Paxos does not appear to have established any formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. Without emissions data or reduction initiatives, it is unclear how the company aligns with industry standards for climate action.
How Carbon Intensive is Paxos Trust Company, LLC's Industry?
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Paxos Trust Company, LLC'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.
Paxos Trust Company, LLC 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.
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