Overall impact
C (45)

Commentary

Canaan is an average overall performer. With a 'C' rating of 45.0 for overall impact (31st percentile compared to all companies), Canaan ranks 46th out of 49 industry peers, behind Cirrus Logic, GSI Technology, Formfactor and 42 others, and ahead of Kopin, Nve, and Brainchip. On top material causes for Canaan 's industry (Semiconductors), Canaan performs well in Technology Innovation (95.5 score) and performs poorly in Fair Labor Practices (28.7 score), Conflict Free Mineral Production (25.4), Equal Pay and Opportunity (37.6) and 6 other causes where it received a 'D' or 'F' score.
Impact
Cause CAN
Peer rank
Overall impact

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Company
Founded
2013
Employees
399
Sector
Information Technology
Industry
Semiconductors & Semiconductor Equipment
Sub-industry
Semiconductors
SASB industry
Semiconductors
Headquarters
Singapore
Share classes
CAN
Description
Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
Material causes
Ethos considers the following causes material for Canaan, based on its industry sub-industry Semiconductors. Learn more about material causes in our methodology overview.

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