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Zhejiang Canaan Technology Limited, often referred to as Canaan, is a prominent player in the blockchain technology sector, headquartered in China. Established in 2013, the company has rapidly evolved, becoming a leader in the design and manufacturing of high-performance computing solutions, particularly in the cryptocurrency mining industry.
With a strong operational presence across Asia and beyond, Canaan is renowned for its innovative ASIC (Application-Specific Integrated Circuit) miners, which are distinguished by their energy efficiency and superior hashing power. The company has achieved significant milestones, including a successful IPO in 2019, solidifying its position in the market. Canaan's commitment to research and development ensures that it remains at the forefront of technological advancements, catering to the growing demand for efficient mining solutions in an ever-evolving digital landscape.
-17 vs industry average
Zhejiang Canaan Technology Limited’s score of 10 is lower than 31% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment is among the most carbon-intensive industries
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
No reported emissions data is available for Zhejiang Canaan Technology Limited yet.
Zhejiang Canaan Technology Limited, headquartered in China (CN), currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3 emissions.
Additionally, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments towards reducing carbon emissions or addressing climate change. This absence of data and commitments may reflect a broader industry context where companies are increasingly expected to disclose their environmental impact and set ambitious targets in line with global climate initiatives.
As of now, Zhejiang Canaan Technology Limited does not inherit emissions data from any parent or related organizations, indicating that their climate strategy is currently independent. Without specific emissions figures or reduction initiatives, the company's climate commitments remain unclear.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for Zhejiang Canaan Technology Limited yet.
No scope 3 category breakdown has been disclosed yet.
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