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Experian’s ‘Sustainable Business Report 2020’ Highlights In ‘Helping Societies Recover’



08/27/2020

Last year, Experian’s “absolute carbon footprint” came down by eight percent while its business carbon intensity fell by “14% per US$1,000 of revenue compared with the previous year”.


Dailycsr.com – 27 August 2020 – Experian has come out with its yearly “Sustainable Business Report 2020” which talks about its commitment towards “social and environmental issues” besides informing about its “corporate responsibility performance”.
 
The above mentioned report underscores Experian’s goal of reaching an “additional 100 million people globally by 2025” through its “social innovation products and services1”. Here is the list of some “noteworthy initiatives” included under the programme, as mentioned by businesswire.com:
  • The Recovery Portal (Limpa Nome), which has helped more than 14 million consumers in Brazil renegotiate their debts.
  • The Prove ID-Link which has helped more than 15 million people in India to prove their identity, so that they can open a bank account and access credit for the first time.
 
Moreover, the report also talks about the group’s ambitious target of turning “carbon neutral by 2030” as it recognises the urgency of corporate sector accelerating “their response to climate change”. The plan is to cut down in offices as well as data centres’ carbon footprints by adopting “renewable energy”, while “carbon impact of business travel” along with investing in “high quality carbon offsetting projects” will play essential role in achieving the target.
 
Last year, Experian’s “absolute carbon footprint” came down by eight percent while its business carbon intensity fell by “14% per US$1,000 of revenue compared with the previous year”. In the words of Experian’s company secretary, Charles Brown:
“The COVID-19 pandemic has highlighted the fundamental importance of data as we tackle this unprecedented challenge. We are proud of the way our people and business have stepped up to provide broader help in this time of crisis.
We have a role to play in helping societies recover, and we are leading the way in providing education, advice and free tools to consumers as well as significant and valuable help to governments across the world.”
 
Here are other highlights from the Sustainable Business Report 2020 of Experian, as mentioned by businesswire.com:
  • “Experian employees volunteered 54,500 hours in and outside of work time to support their communities. This included over 3,500 hours in March 2020 to support communities as the COVID-19 crisis took hold.
  • “In Brazil, Experian has supported the introduction of new legislation enabling millions of consumers to benefit from the use of ‘positive’ data about the credit and other bills they pay on time.
  • “Experian Boost helped over 1.5 million Americans improve their credit scores, collectively boosting their FICO® scores by more than 17 million points.
  • “This year, our Social Innovation programme reached 14 million additional people with our products and services”.





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