Raydium Sustainability Profile
Raydium, officially known as Raydium Protocol, is a leading decentralised finance (DeFi) platform headquartered in the United States. Founded in 2021, Raydium has quickly established itself within the blockchain industry, primarily focusing on automated market making (AMM) and liquidity provision on the Solana network. The platform's unique selling point lies in its ability to offer high-speed transactions and low fees, setting it apart from competitors. Raydium's core services include liquidity pools, yield farming, and trading, all designed to enhance user experience and maximise returns. With significant milestones such as strategic partnerships and a growing user base, Raydium has positioned itself as a key player in the DeFi landscape, continually innovating to meet the evolving needs of its community.
DitchCarbon Score
How does Raydium'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 Services Auxiliary to Financial Intermediation 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
Raydium's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Raydium's reported carbon emissions
Raydium, 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. This lack of data suggests that Raydium may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives at this time. Without emissions data or reduction initiatives, it is challenging to assess the company's environmental impact or its alignment with global climate goals.
How Carbon Intensive is Raydium's Industry?
How Carbon Intensive is Raydium's Location?
Raydium'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.
Raydium 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.
