Summa Equity, a prominent player in the private equity sector, is headquartered in the United States and operates across key regions in Europe and North America. Founded in 2016, the firm has quickly established itself as a leader in sustainable investments, focusing on sectors such as technology, healthcare, and renewable energy. With a commitment to driving positive societal impact, Summa Equity distinguishes itself through its unique approach to value creation, integrating environmental, social, and governance (ESG) factors into its investment strategy. The firm has achieved notable milestones, including significant growth in its portfolio and recognition for its innovative investment practices. As a forward-thinking equity firm, Summa Equity continues to shape the landscape of sustainable investing, positioning itself as a trusted partner for businesses aiming to make a difference.
How does Summa Equity'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.
Summa Equity's score of 30 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Summa Equity reported total carbon emissions of approximately 1,350,041,000 kg CO2e, comprising 574,000,000 kg CO2e from Scope 1, 188,000,000 kg CO2e from Scope 2, and 294,000,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, with 2022 emissions recorded at about 1,179,086,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets encompass 99% of total investments and lending by assets under management as of 2022, with required activities making up 93% of this total. Summa Equity is committed to aligning its operations with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with limiting global warming to 1.5°C. Overall, Summa Equity's focus on substantial emissions reduction and adherence to industry standards reflects a proactive approach to climate responsibility within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 437,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 66,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 00,000,000 | - | 000,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 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.
Summa Equity is committed to some 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.