Promoting education and empowering people: SumUp’s commitment to sustainability

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Promoting Education And Empowering People: Sumup
(Credit: Sumup)

summary, a leading global financial technology company is taking additional steps towards promoting sustainability by unveiling a series of programs aimed at addressing social and environmental concerns. Supporting over 4 million merchants across 30+ global markets with customized business tools designed for micro and small businesses.

With a strong global presence, the company is using its reach to help preserve the planet and expand on its previous pledge to donate 1% of its profits to the “1% for the Planet” initiative in 2022.

Earlier this month, SumUP announced key initiatives and partnerships:

  • River cleaning: removing 220,462 lbs. of plastic from the Citarum River in Indonesia, the most polluted river in the world. Continue to organize educational campaigns to raise environmental awareness among local communities.
  • Wilderness International: sRotation 1,076,391 square feet. Peruvian forests, preserving valuable habitats and biodiversity and offsetting 6,000 tons of carbon dioxide.
  • StoveTeam International: SumUp will support 1,000 families in Central America with safe, fuel-efficient cookstoves. These stoves reduce the risk of lung disease and save 12 tons of carbon dioxide per stove by burning wood more efficiently.

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Promote education and create opportunities

The company is currently offering 3-month Java Full Stack development courses to more than 120 students in Chile, Brazil and Colombia. These courses target women, girls, immigrants, LGBTQ+, and other individuals who may have difficulties accessing technology education. Last year, more than 80% of graduates from these courses secured employment after completing the programme.

In addition, SumUp has joined the Dharma Live To support the education of children living in rural India. The company provides a technology platform that helps facilitate this education, and it also pays the teachers’ salaries.

Furthermore, SumUp provides computers and air-conditioning to schools in the Brazilian favelas of MonteAzul and HorizonteAzul, thus creating a learning environment more conducive to students.

Global Head of Diversity and Inclusion at SumUp and ESG Felizitas Lichtenberg stated, “As a world-leading technology company, we are committed to making a positive impact on the world and empowering people. Through our ESG initiatives, we want to create value throughout society and for the planet. We believe that Investing in and addressing critical global issues at source, such as educating unemployed and minority groups, or protecting our planet, is not only the right thing to do but also the responsibility of all and will shape our shared future.We are committed to driving this agenda further to accelerate change and help create a future sustainable.”