Sum and Substance Ltd
Sum and Substance Ltd, commonly referred to as Sumsub, is a leading provider of identity verification and compliance solutions, headquartered in Great Britain. Founded in 2015, the company has rapidly established itself in the fintech and regulatory technology sectors, serving clients across Europe, Asia, and North America. Specialising in automated identity verification, Sumsub offers a unique blend of advanced technology and user-friendly interfaces, ensuring seamless onboarding processes for businesses. Their core services include KYC (Know Your Customer) compliance, anti-money laundering (AML) checks, and fraud prevention, all designed to enhance security while improving user experience. With a strong market position, Sumsub has achieved significant milestones, including partnerships with major financial institutions and recognition for its innovative approach to compliance. The company continues to set industry standards, making it a trusted choice for businesses seeking reliable verification solutions.
DitchCarbon Score
How does Sum and Substance Ltd'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.
Industry Average
Mean score of companies in the Business Services 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.
Industry Benchmark
Sum and Substance Ltd's score of 31 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sum and Substance Ltd's reported carbon emissions
In 2024, Sum and Substance Ltd, headquartered in Great Britain, reported total carbon emissions of approximately 28,853,000 kg CO2e for Scope 1, 115,000 kg CO2e for Scope 2 (market-based), and 41,776,000 kg CO2e for Scope 3. This reflects a significant reduction in Scope 1 emissions from 38,643,000 kg CO2e in 2022, while Scope 2 emissions decreased from 324,000 kg CO2e (market-based) and 4,569,000 kg CO2e (location-based) in the same year. Scope 3 emissions also saw a reduction from 61,676,000 kg CO2e in 2022. The company has set ambitious climate commitments, aiming for a 30% reduction in absolute Scope 2 emissions by 2030, with a baseline of 1,526.68 tCO2e. To achieve this, Sum and Substance Ltd plans to transition to 100% renewable electricity by 2026 and implement energy efficiency measures across its facilities. Additionally, they target a 30% reduction in Scope 3 emissions intensity per employee by 2030, focusing on promoting virtual meetings and low-carbon travel alternatives. Notably, the organisation does not have direct emissions (Scope 1) attributable to its operations, as it does not engage in activities that directly emit greenhouse gases. These commitments align with their long-term goal of achieving net-zero emissions by 2050.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sum and Substance Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
