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2021

Galaxy Sustainability Report

One of the first of its kind in our industry.

Governance

Sustainability Program Oversight

Board-level oversight and fully staffed with top level senior executives across Galaxy, showcasing leadership’s commitment to advancing ESG initiatives.

Social

Building a diverse, equitable, and inclusive culture

Our established Diversity Policy promotes diverse hiring, development, advancement, and retention. We are publicly sharing our employee diversity data for the first time.
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Environmental

Bitcoin Mining

Galaxy Mining maintains a long-term goal to utilize an over-80% sustainable mix for all mining operations.

Sustainability Snapshot

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An in depth analysis on environmental, social, and governance (ESG) issues that matter most to our business and stakeholders, focusing on areas that have the greatest impact.

An Intersection of Art, Technology, and History

ESG LP AboutTheArtist 1

Claudia Pawlak is the artist behind the artwork in Galaxy’s report. “Pursuit of Permanence” is a commission of anthotypes created for Galaxy, a collaboration between artist and machine. A series of extinct plant images were generated using an AI model, highlighting the historical impact we all have on the environment. The images were printed on transparency film, overlaid on paper, coated with a photosensitive emulsion from plant material, and exposed to sunlight to create photograms. The photograms cannot be fixed and are temporary, gradually fading over time.

In the ethos of the blockchain being a permanent record of information, immutable, and unchanging, “Pursuit of Permanence" aims to immortalize the photograms by minting these works as non-fungible tokens (NFTs) on the Ethereum blockchain. The physical prints will fade over time, whereas their digital counterparts will be saved as a record of their own existence.

Learn more about Galaxy’s commitment to sustainability.