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. 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 494 out of 941
Universe
Global Universe 5354 out of 14678
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Cass Information Systems, Inc. |
15.3
Low
|
83 out of 941 |
LWSA SA |
16.1
Low
|
115 out of 941 |
WIIT SpA |
21
Medium
|
416 out of 941 |
PayPoint Plc |
22.2
Medium
|
474 out of 941 |
Bitfarms Ltd. (Canada) |
22.4
Medium
|
494 out of 941 |
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
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Bitfarms Ltd. (Canada)'s ESG Risk Rating in the last three years
Highest Controversy Level

Contributing Events

Highest Controversy Events Locations
