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.
-3 vs industry average
Sum and Substance Ltd’s score of 29 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Reported emissions
No reported emissions data is available for Sum and Substance Ltd yet.
Sum and Substance Ltd's reported carbon emissions
Sum and Substance Ltd, headquartered in Great Britain, currently does not report any carbon emissions data, as indicated by the absence of specific figures. However, the company has set ambitious climate commitments aimed at reducing its environmental impact.
The organisation has established a target to reduce absolute Scope 2 emissions by 30% by 2030, using a baseline of 1,526.68 tonnes CO2e. This reduction will be achieved through a transition to 100% renewable electricity by 2026 and the implementation of energy efficiency measures across its facilities.
Additionally, Sum and Substance Ltd aims to reduce Scope 3 emissions intensity per employee by 30% by 2030. This will involve promoting virtual meetings and low-carbon travel alternatives, as well as enhancing remote working sustainability by encouraging employees to adopt energy-efficient practices at home.
In terms of long-term goals, the company is committed to achieving net-zero emissions by 2050. This commitment includes transitioning to renewable energy sources and addressing indirect emissions from purchased electricity, steam, heating, and cooling.
Overall, while specific emissions data is not available, Sum and Substance Ltd is actively pursuing significant reduction targets and initiatives to mitigate its carbon footprint and contribute to climate action.
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Sum and Substance Ltd’s Climate Goals (2030 & 2050)
4 goals2030
30% reduction in Scope 2
We aim to reduce absolute Scope 2 emissions by 30% by 2030, compared to our baseline year (1,526.68 tCO₂e). To achieve this, we will transit…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 4 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Sum and Substance Ltd
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