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 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, comprising 27,000,000 kg CO2e from Scope 1, 812,000,000 kg CO2e from Scope 2, and 758,000,000 kg CO2e from Scope 3 emissions. This marked an increase in Scope 1 emissions from 25,000,000 kg CO2e in 2020 and a decrease in Scope 2 emissions from 765,000,000 kg CO2e in the same year. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to report emissions across all three scopes, indicating a commitment to transparency in its environmental impact. The absence of formal reduction targets suggests that while Sum and Substance Ltd is aware of its carbon footprint, it may need to establish clearer strategies for emissions reduction in line with industry standards.
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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 committed to any reduction initiatives 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.
