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Earlier this yr, we introduced the launch of a devoted ESG Committee, which is made up of 10 SoFi stakeholders who signify key areas our group– together with services, individuals, monetary reporting, and others – and tasked them with monitoring our progress inside environmental, social, and governance applications whereas additionally collaborating to plot and execute methods for future affect. As a part of this initiative, the workforce additionally took a reflective have a look at current applications.
With this, we’re excited to share that our first complete ESG report is now accessible, capturing our efforts over the course of 2022. This inaugural report is meant to supply stakeholders from throughout the SoFi neighborhood – from members, to traders, companions, and others – with a data-driven have a look at our stance on ESG issues in the present day, whereas additionally offering a baseline that can be key to monitoring progress over time.
The subjects lined in our first report are these which were key to informing our ESG method in the present day in addition to these which are getting used to tell the long run alternatives to assist us additional potential future affect. This contains our individuals applications (e.g., advantages, variety, fairness and inclusion, compensation, our method to expertise and worker improvement, and so on.) – in addition to our product improvement processes, neighborhood investments and social affect, our environmental footprint, company governance methods, danger administration operations, public coverage initiatives, and extra.
We’re excited to share this with you in the present day and proceed to carry every of you together with us as we enter the following chapter in our endeavor to foster a greater tomorrow.
Contact Info: For normal inquiries about SoFi’s ESG technique or upcoming report, please attain out to [email protected], and for investor-specific questions, [email protected].
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