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Leading the way in cryptoasset compliance, Elliptic has partnered up with Furthr to deliver end-to-end and high-integrity emissions measurements of the GHGs of Elliptic's global operations.

Through this partnership, Elliptic aims to gain a clearer understanding of the emissions generated by different areas of operations and build an actionable roadmap of carbon reduction initiatives to support net-zero by 2050.

Highlights
Reduction
Mitigation
Impact
Projects
Spotlight
Highlights

890.0

2024 Footprint (tCO2e)

7

GHG Scope 3 Categories Covered

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Employees Engaged

2050

Net Zero Target

Emissions Breakdown
2024 Emissions
Annual Comparison


Emissions by Entity


Material Scope 3 Categories

First Measurement

Elliptic measured emissions for the first time for financial year 2024. This measurement covered all four global entities and explored extensive detail including the emissions associated with customer use of Elliptic's services.

Nov 2024

Carbon Reduction Plan

Elliptic published a Carbon Reduction Plan in line with PPN 06/21 for contracts with the UK Government. Business travel was identified as a key emissions hotspot for reduction.

Dec 2024

Environmental Management System

Elliptic are exploring the implementation of an EMS, reflecting the organisation's commitment to sustainability, operational efficiency and corporate social responsibility.

In Progress

Carbon Reduction Implementation

Now that Elliptic have a CRP in place, action begins on the reduction plan to implement the initiatives outlined. First steps will focus on sustainable procurement and reducing emissions from business travel.

Next Steps

Elliptic's Climate Journey
Impact

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10,000

Flights
London-Rome

204o

Car Trips
London-Manchester

10,000

M² Sea Ice
Saved

10,000

Beef Steak
Consumed

204o

Years of
Home Power

10,000

Parcels
Delivered

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Projects Supported

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0

tCO2e offset

Ankarafantsika Reforestation, Madagascar

Projects Supported

The Problem

Ankarafantsika National Park is one of Madagascar’s largest dry deciduous forests. The primary causes of forest degradation at Ankarafantsika are human driven extraction for charcoal production and land clearing for agriculture. Much of this site has been severely degraded. However, healthy, old-growth forest remains nearby, making this a critical area for restoration and protection.

The Solution

ARC's 'Employ to Restore' initiative, in partnership with Red Island Restoration, is empowering communities to restore Ankarafantsika National Park. Restoration efforts focus on reforesting abandoned farmland and grasslands to reduce fire risks and support ecological recovery. By planting native, resilient species, the project enhances forest regeneration while creating sustainable employment for local communities.

Ankarafantsika Reforestation, Madagascar

Madagascar

4

Reforestation

7,188 ha

2022 - 

1000

tCO2e offset

2022 - 

1000

tCO2e offset

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Ankarafantsika Reforestation, Madagascar

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