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 513 out of 962
Universe
Global Universe 5759 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Iress Ltd. |
17.5
Low
|
207 out of 962 |
| Link Administration Holdings Ltd. |
17.8
Low
|
225 out of 962 |
| transcosmos, Inc. |
22.1
Medium
|
492 out of 962 |
| Bitfarms Ltd. (Canada) |
22.4
Medium
|
513 out of 962 |
| Fiverr International Ltd. |
22.5
Medium
|
523 out of 962 |
For corporate professionals interested in direct competitor insights
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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.
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.