Celsius Network Ltd., commonly referred to as Celsius, is a prominent player in the cryptocurrency and blockchain industry, headquartered in France. Founded in 2017, Celsius has rapidly established itself as a leading platform for crypto lending and borrowing, offering users the ability to earn interest on their digital assets. With a focus on decentralised finance (DeFi), Celsius provides unique services such as crypto-backed loans and high-yield interest accounts, setting it apart from traditional financial institutions. The company has achieved significant milestones, including a robust user base and substantial assets under management, positioning itself as a trusted name in the evolving landscape of digital finance. Celsius continues to innovate, making strides in user-friendly financial solutions for both individual and institutional clients.
How does Celsius'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.
Celsius's score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Celsius, headquartered in France, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined by the company. In the absence of concrete emissions data, it is essential to note that many companies in the industry are increasingly focusing on sustainability and climate commitments, often setting ambitious targets to reduce their carbon footprint. Celsius may be expected to align with these industry trends, but specific commitments or initiatives have not been disclosed at this time.
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.
Celsius is not participating in any of the initiatives that 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.