HIVE Digital Technologies Ltd
Climate Impact & Sustainability Data (2023-07-01 to 2023-09-30)
Reporting Period: 2023-07-01 to 2023-09-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Green Energy
- Sustainability
- Environmental Consciousness
Environmental Achievements
- Green energy focused operations in Canada, Iceland, and Sweden
- First Bitcoin miner to balance the electrical grid
- First Bitcoin miner to buy data centers
- First Bitcoin miner to have an AI strategy using GPU chips
Social Achievements
- Community investment in Boden, Sweden (amount unspecified)
- Lowest G&A per Bitcoin mined compared to competitors
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Volatility of the digital currency market
- Cost of electricity
- Government policies
- Risk of significant changes in the regulatory environment
Mitigation Strategies
- HODL strategy
- Investment in high-performing ASICs
- Optimizing ROI to be cash flow positive
- Replacing older ASICs with newer, more efficient models
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed