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.
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.
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.
Paxos Trust Company, LLC's score of 23 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Paxos Trust Company, LLC, headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or climate commitments. However, the company may be engaged in various initiatives to address climate change, reflecting a growing trend in the financial services industry to prioritise sustainability. As the landscape evolves, it is essential for companies like Paxos to establish measurable climate goals and transparent reporting to contribute effectively to global emissions reduction efforts.
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.
Paxos Trust Company, LLC is not committed to any reduction initiatives 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.