![]() ![]() Competitive wages begin at or above market rates for similar entry-level jobs.An accident reporting and prevention system, and a worker’s compensation program, further create an environment of psychological safety for employees. All employees are provided equipment, training and certifications according to job duties.Large-scale immersion-cooling at CleanSpark’s data center in Norcross, Georgia, further helped reduce e-waste and increased energy-efficiency of mining machines while increasing output of some machine models by up to 85%.Efforts to reduce e-waste have increased the amount of time CleanSpark’s operations run at, or near, 100% while dramatically reducing shipping and packing emissions, and related waste, that comes with sending mining machines to outside repair houses.Mining campuses provide “spinning reserves” that facilitate utility companies’ ability to work with the fluctuating supplies that come from renewables while improving the performance of baseline power production facilities such as nuclear plants.Clean energy accounts for over 90% of the energy mix, according to data from the power providers that supply power to CleanSpark’s bitcoin mining operations.The Company’s bitcoin mining efforts are focused on procuring low-carbon grid-connected power that minimizes its impact on the planet.Some highlights of the report, which can be viewed or downloaded at this link, are as follows: These results have allowed the Company to identify key ESG value drivers. It also included a series of in-depth interviews and surveys designed to help identify the topics most relevant to the Company’s internal and external stakeholders and most influential to its business. This assessment, conducted by an independent consultant, consisted of a benchmark review of its peers and of leading ESG frameworks and ratings (e.g., SASB, TCFD, MSCI, ISS, and Sustainalytics). We are always on the lookout for such measurements and will include in our future reports those that are logically sound and in line with our commitments.”ĬleanSpark completed its inaugural ESG materiality assessment in early 2022. “As society and technology evolve, new standards and techniques will measure a corporation’s social and environmental responsibility. ![]() We have employed the best practices used by many industries to produce a comprehensive report for the public and our stakeholders and for us to better understand our progress and the areas that need more of our focus," said Zach Bradford, CEO of CleanSpark. “Our commitments to people and the environment have been part of CleanSpark’s foundation from day one and they continue to evolve. (Nasdaq: CLSK), America’s Bitcoin Miner™, today released its inaugural ESG and Corporate Responsibility Report for the 2022 fiscal year, or the period from October 1, 2021, to September 30, 2022.Ĭlean energy accounts for more than 90% of its energy mix, making it a sustainability leader among public bitcoin mining companies in America, while the use of large-scale immersion cooling has allowed it to reduce e-waste and increase the efficiency of its mining machines by up to 85%, according to the report. ![]() LAS VEGAS, Ma(GLOBE NEWSWIRE) - CleanSpark Inc. ![]()
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