Bitfarms Ltd. (Canada)
Industry Group: Software & Services
Country/Region: Canada
Identifier: TSE:BITF
Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 508 out of 962
Universe
Global Universe 5864 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Link Administration Holdings Ltd. |
17.8
Low
|
225 out of 962 |
Everi Holdings, Inc. |
18.2
Low
|
244 out of 962 |
transcosmos, Inc. |
22.1
Medium
|
493 out of 962 |
Bitfarms Ltd. (Canada) |
22.4
Medium
|
508 out of 962 |
Fiverr International Ltd. |
22.5
Medium
|
517 out of 962 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Bitfarms Ltd. (Canada)'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Bitfarms Ltd. (Canada)'s Management of ESG Material Risk is Average