Sumday
Sumday, officially known as Sumday Administration, is a prominent player in the financial technology sector, headquartered in the United States. Founded in 2018, the company has rapidly established itself as a leader in providing innovative solutions for tax-advantaged savings and investment accounts, particularly in the realm of 529 college savings plans. With a focus on empowering families to save for education, Sumday offers a unique platform that simplifies the management of these accounts, making it easier for users to navigate their financial futures. The company has achieved significant milestones, including partnerships with various financial institutions, enhancing its market position as a trusted provider in the industry. Through its commitment to user-friendly technology and exceptional customer service, Sumday continues to redefine the landscape of educational savings.
DitchCarbon Score
How does Sumday'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
Sumday's score of 24 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sumday's reported carbon emissions
In 2023, Sumday reported total carbon emissions of approximately 46000 kg CO2e from Scope 1, 39000 kg CO2e from Scope 2, and a significant 270000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in emissions from the previous year, 2024, where Scope 1 emissions were about 45000 kg CO2e, Scope 2 emissions were around 32000 kg CO2e, and Scope 3 emissions dropped to approximately 188000 kg CO2e. Despite these figures, Sumday has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction strategies suggests a need for further commitment to climate action within the industry context. Overall, while Sumday has made some progress in reducing emissions, a clearer framework for future reductions would enhance their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 46,000 | 00,000 |
| Scope 2 | 39,000 | 00,000 |
| Scope 3 | 270,000 | 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.
Sumday 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.
