Public Profile

POSaBIT Systems Corporation

POSaBIT Systems Corporation, commonly referred to as POSaBIT, is a leading provider of payment processing solutions tailored for the cannabis industry. Headquartered in the United States, the company has established a strong presence in key operational regions across North America. Founded in 2017, POSaBIT has quickly become a pivotal player in the fintech sector, focusing on innovative point-of-sale systems and cashless payment solutions. The company's core offerings include its unique blockchain-based payment processing platform, which enhances transaction security and efficiency for cannabis retailers. POSaBIT's commitment to compliance and user-friendly technology has positioned it as a trusted partner in the rapidly evolving cannabis market. With notable achievements in streamlining financial operations for dispensaries, POSaBIT continues to set industry standards, driving growth and innovation in a challenging regulatory landscape.

DitchCarbon Score

How does POSaBIT Systems Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

23

Industry Average

Mean score of companies in the Computer Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

25

Industry Benchmark

POSaBIT Systems Corporation's score of 23 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

38%

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POSaBIT Systems Corporation's reported carbon emissions

POSaBIT Systems Corporation, headquartered in the US, currently does not have any publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or climate pledges. This absence of data suggests that the company may still be in the early stages of formalising its climate commitments or reporting its emissions. In the context of the industry, many companies are increasingly focusing on sustainability and carbon footprint reduction, often setting ambitious targets aligned with global climate initiatives. However, without specific emissions data or commitments from POSaBIT, it is challenging to assess their current environmental impact or future plans regarding carbon emissions reduction. As the industry evolves, it will be important for POSaBIT to establish clear climate commitments and track their emissions to align with best practices in sustainability.

Industry emissions intensity

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Very high
Some industries are more carbon intensive than others. POSaBIT Systems Corporation's primary industry is Office machinery and computers (30), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for POSaBIT Systems Corporation is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

POSaBIT Systems Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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DitchCarbon Score

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