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.
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.
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.
Sum and Substance Ltd's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sum and Substance Ltd, headquartered in Great Britain, has set ambitious climate commitments despite not reporting any carbon emissions data. The company aims to reduce its absolute Scope 2 emissions by 30% by 2030, using a baseline of 1,526.68 metric tons CO2e. To achieve this target, Sum and Substance Ltd plans to transition to 100% renewable electricity by 2026 and implement energy efficiency measures across its facilities. In terms of Scope 1 emissions, the organisation reports no direct emissions from its owned or controlled operations, as it does not engage in activities that emit greenhouse gases. For Scope 3 emissions, the company targets a 30% reduction in emissions intensity per employee by 2030. This will be accomplished by promoting virtual meetings, low-carbon travel alternatives, and enhancing remote working sustainability. Overall, Sum and Substance Ltd is committed to achieving net-zero emissions by 2050, with a clear focus on renewable energy and sustainable practices.
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.