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 13 is lower than 52% 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
Polygon Group AB, headquartered in Sweden, has set ambitious climate commitments despite not having specific carbon emissions data available for the most recent year. The company has committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2022 as the base year. Additionally, Polygon aims to achieve a 51.6% reduction in Scope 3 emissions per EUR of value added within the same timeframe. These targets align with the science-based targets necessary to limit global warming to 1.5°C, demonstrating Polygon's commitment to sustainability and climate action. The inclusion of land-related emissions and removals from bioenergy feedstocks in their target boundary further highlights their comprehensive approach to reducing their carbon footprint.
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 committed to some 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.
