Galaxy Digital Inc
Galaxy Digital's GHG Emissions Data Preview
In 2023, Galaxy Digital completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Galaxy Digital has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Galaxy Digital's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Galaxy Digital amounted to 273,117.5 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Galaxy Digital's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Galaxy Digital's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Galaxy Digital were 231.86 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
What are Galaxy Digital's Scope 2 emissions?
In 2023, Galaxy Digital reported Scope 2 greenhouse gas (GHG) emissions of 272,885.64 tCOâ‚‚e using the location-based method.
What methodology does Galaxy Digital use for Scope 2 reporting?
In 2023, Galaxy Digital reported its Scope 2 emissions using the location-based method.
Galaxy Digital's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Galaxy Digital's Value Chain Emissions
In 2023, Galaxy Digital reported 6,483 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Galaxy Digital includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain
Galaxy Digital's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Galaxy Digital's Scope 3 emissions?
In 2023, Galaxy Digital reported total Scope 3 emissions of 6,483 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
What categories of Scope 3 emissions does Galaxy Digital disclose?
In 2023, Galaxy Digital reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Galaxy Digital's Scope 3 emissions?
In 2023, the largest contributors to Galaxy Digital's Scope 3 emissions were:
- Business Travel (Cat. 6): 4,450.93 tCOâ‚‚e (68.7%)
- Purchased Goods and Services (Cat. 1): 1,918.75 tCOâ‚‚e (29.61%)
- Employee Commuting (Cat. 7): 107.67 tCOâ‚‚e (1.66%)
Galaxy Digital's Scope 3 Emissions by Categories
Insights into Galaxy Digital's Total Carbon Footprint
In 2023, Galaxy Digital reported a total carbon footprint of 279,600.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.
The largest contributor to Galaxy Digital's total carbon footprint was Scope 2 emissions, accounting for 97.6% of the company's total carbon footprint, followed by Scope 3 emissions at 2.32%.