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updated 2 months ago

SumUp Holdings Luxembourg S.À.R.L. Sustainability Profile

Company website

SumUp Holdings Luxembourg S.À.R.L., commonly known as SumUp, is a leading financial technology company headquartered in Luxembourg (LU). Founded in 2012, SumUp has rapidly expanded its operations across Europe, North America, and South America, establishing a strong presence in the payments industry. Specialising in mobile point-of-sale (mPOS) solutions, SumUp offers a range of services that empower small businesses to accept card payments easily and affordably. Its unique selling proposition lies in its user-friendly hardware and transparent pricing model, which sets it apart from traditional payment processors. With millions of merchants relying on its services, SumUp has achieved significant milestones, including securing substantial funding and expanding its product offerings to include invoicing and e-commerce solutions. This innovative approach has positioned SumUp as a key player in the fintech landscape, driving growth and enhancing the payment experience for businesses worldwide.

DitchCarbon Score

How does SumUp Holdings Luxembourg S.À.R.L.'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.

6

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

SumUp Holdings Luxembourg S.À.R.L.'s score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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SumUp Holdings Luxembourg S.À.R.L.'s reported carbon emissions

SumUp Holdings Luxembourg S.À.R.L. currently does not have any publicly available carbon emissions data, as indicated by the absence of specific emissions figures. The company is a current subsidiary of a larger corporate family, which may influence its climate commitments and reporting practices. However, there are no documented reduction targets or climate pledges associated with SumUp Holdings Luxembourg S.À.R.L. at this time. As a subsidiary, it is important to note that any potential climate initiatives or emissions data may be cascaded from its parent organization. Unfortunately, specific details regarding such cascaded data or initiatives are not provided. Without concrete emissions data or defined reduction targets, it is challenging to assess the company's environmental impact or commitments to climate action. In the broader context of the industry, many companies are increasingly adopting science-based targets and sustainability initiatives to mitigate their carbon footprints. However, without specific commitments or data from SumUp Holdings Luxembourg S.À.R.L., it remains unclear how the company aligns with these industry standards.

How Carbon Intensive is SumUp Holdings Luxembourg S.À.R.L.'s Industry?

Very low
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Very high
Some industries are more carbon intensive than others. SumUp Holdings Luxembourg S.À.R.L.'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is SumUp Holdings Luxembourg S.À.R.L.'s Location?

Very low
Low
Medium
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Very high
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 SumUp Holdings Luxembourg S.À.R.L. is in LU, which has a very low grid carbon intensity relative to other regions.

SumUp Holdings Luxembourg S.À.R.L.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

SumUp Holdings Luxembourg S.À.R.L. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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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