Suma Capital, a prominent investment firm headquartered in Spain, has established itself as a leader in the sustainable finance sector since its inception in 2015. With a strong focus on impact investing, the company operates primarily across Europe, targeting innovative projects that drive social and environmental change. Specialising in renewable energy, sustainable agriculture, and social infrastructure, Suma Capital distinguishes itself through its commitment to generating measurable positive outcomes alongside financial returns. The firm has achieved significant milestones, including the successful management of multiple funds that align with the United Nations Sustainable Development Goals. Recognised for its strategic approach and expertise, Suma Capital continues to strengthen its market position, making it a key player in the evolving landscape of responsible investment.
How does Suma Capital'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 Financial Intermediation 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.
Suma Capital's score of 19 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Suma Capital reported total carbon emissions of approximately 352,524 kg CO2e. This figure includes 41,900 kg CO2e from Scope 1 emissions, 41,900 kg CO2e from Scope 2 emissions, and a significant 298,100 kg CO2e from Scope 3 emissions, which encompasses business travel, employee commute, and purchased goods and services. Looking at previous years, Suma Capital's emissions were considerably higher in 2021, with total emissions reaching about 350,580,000 kg CO2e, primarily driven by Scope 1 emissions of approximately 367,205,000 kg CO2e. In 2022, emissions decreased to about 222,189,000 kg CO2e, indicating a positive trend towards reducing their carbon footprint. Despite these reductions, Suma Capital has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | 0,000 | 000,000,000 | 00,000,000 | 00,000 |
Scope 2 | 7,480 | 0,000 | 0,000,000 | 00,000,000 | 00,000 |
Scope 3 | 26,020 | 00,000 | 000,000,000 | 00,000,000 | 000,000 |
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.
Suma Capital 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.