Stellar, officially known as Stellar Development Foundation (SDF), is a pioneering organisation headquartered in the United States. Founded in 2014, Stellar focuses on revolutionising the financial landscape through its innovative blockchain technology, primarily aimed at facilitating cross-border payments and enhancing financial inclusion. With a strong presence in various regions, including Europe and Asia, Stellar has established itself as a leader in the blockchain industry. Its core product, the Stellar network, enables fast, secure, and low-cost transactions, setting it apart from traditional financial systems. Notable achievements include partnerships with major financial institutions and a growing ecosystem of developers and businesses leveraging its technology. Stellar's commitment to creating equitable access to financial services positions it as a significant player in the evolving digital economy.
How does Stellar'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 Computer 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.
Stellar's score of 3 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Stellar, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures or commitments, it is challenging to assess their climate impact or sustainability efforts. However, the absence of data may indicate a need for improved transparency in their environmental practices. As the industry increasingly prioritises climate action, it is essential for companies like Stellar to establish clear emissions reporting and reduction strategies to align with global climate goals.
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.
Stellar 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.