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 22 is lower than 67% 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
Sum and Substance Ltd, headquartered in Great Britain, has outlined its climate commitments and reduction initiatives, although specific carbon emissions data is currently unavailable. The company has set ambitious targets to achieve net-zero emissions by 2050, focusing on various scopes of emissions. For Scope 1 emissions, which pertain to direct emissions from owned or controlled operations, Sum and Substance Ltd reports no direct emissions attributable to its operations. This indicates a commitment to maintaining low-impact operations. In terms of Scope 2 emissions, the company aims to reduce absolute emissions by 30% by 2030, based on a baseline of approximately 1,526.68 metric tons CO2e. To support this goal, Sum and Substance Ltd plans to transition to 100% renewable electricity by 2026 and implement energy efficiency measures across its facilities. Additionally, the company has set a target to reduce Scope 3 emissions intensity per employee by 30% by 2030. This will be achieved through promoting virtual meetings, encouraging low-carbon travel alternatives, and enhancing remote working sustainability by supporting employees in adopting energy-efficient practices at home. Overall, Sum and Substance Ltd is committed to significant climate action, with a clear roadmap towards achieving its long-term sustainability goals.
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.
