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 25 is higher than 69% 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 2021, Sum and Substance Ltd reported total carbon emissions of approximately 758,000,000 kg CO2e across all scopes. This included about 27,000,000 kg CO2e from Scope 1, approximately 812,000,000 kg CO2e from Scope 2, and around 758,000,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown revealed significant contributions from purchased goods and services (about 448,000,000 kg CO2e) and upstream transportation and distribution (approximately 37,000,000 kg CO2e). Over the years, the company has shown fluctuations in its emissions, with Scope 2 emissions peaking at about 894,000,000 kg CO2e in 2017 and gradually decreasing to approximately 812,000,000 kg CO2e by 2021. Despite these changes, there are currently no publicly disclosed reduction targets or climate pledges from Sum and Substance Ltd, indicating a potential area for improvement in their climate commitments. Overall, while the company has made strides in tracking its emissions, the absence of specific reduction initiatives suggests a need for a more robust climate strategy moving forward.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 23,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 894,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
