Polygon
Polygon, also known as Polygon Group, is a leading provider of innovative solutions in the field of digital asset management and blockchain technology. Headquartered in Sweden, the company operates extensively across Europe and North America, catering to a diverse clientele. Founded in 2017, Polygon has rapidly established itself as a key player in the decentralised finance (DeFi) and non-fungible token (NFT) sectors. The company is renowned for its unique Layer 2 scaling solutions, which enhance the efficiency and scalability of Ethereum-based applications. Polygon's core offerings include a suite of tools designed to improve transaction speeds and reduce costs, making it a preferred choice for developers and businesses alike. With significant milestones such as partnerships with major blockchain projects, Polygon continues to solidify its market position, driving innovation in the rapidly evolving digital landscape.
DitchCarbon Score
How does Polygon'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
Polygon's score of 28 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Polygon's reported carbon emissions
In 2022, Polygon reported carbon emissions of approximately 50,130 kg CO2e, attributed to its PoS network operations. The emissions data does not specify the scope, indicating a lack of detailed categorisation into Scope 1, 2, or 3 emissions. Currently, Polygon has not disclosed any formal reduction targets or climate pledges, which suggests that while they are aware of their carbon footprint, they may not have established specific commitments to reduce emissions at this time. As the industry increasingly prioritises sustainability, it will be essential for Polygon to develop and communicate clear climate commitments to align with global climate goals.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Polygon 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.
