Nuvei Corporation, a leading Canadian fintech company, has unveiled its third annual Environmental, Social, and Governance (ESG) report for 2023. This report showcases the company’s ongoing efforts and achievements in advancing its ESG strategy, reaffirming its commitment to responsible business practices and its vision of being a people-first, technology-led global payments platform.
“Sound corporate governance, robust information security protocols, team member well-being, positive community contributions, and environmental stewardship have been cornerstones of our culture since our inception over 20 years ago,” said Philip Fayer, Chair and CEO of Nuvei. “We remain steadfast in our ESG journey, driven by continuous improvement in our transparency, accountability, and tangible results.”
The report highlights key accomplishments from 2023, including:
*
ESG Materiality Assessment Integration:
Nuvei incorporated the results of its inaugural ESG Materiality Assessment, aligning its ESG priorities with its long-term strategic goals.*
Formal ESG Policy:
The company established a formal ESG Policy, outlining its commitments and sustainability initiatives.*
Team Member Engagement Survey:
Nuvei conducted its first companywide team member engagement survey and began implementing the findings. This process led to the establishment of new resources and initiatives designed to enhance team member engagement.*
Team Member Resource Group:
The company established a formal Team Member Resource Group, OneNuvei, comprised of three sub-groups: Diversity, Equity, and Inclusion (DE&I), Whole Person Wellness, and Global Collaboration.*
Commitment to Gender Equality:
Reflecting Nuvei’s commitment to empowering its team members and achieving equality, the company proudly met a goal set by its Board Diversity Policy for women to represent at least 30% of the Board by the end of fiscal year 2023.*
GHG Emissions Assessment:
Nuvei conducted a comprehensive assessment of its Greenhouse Gas (GHG) inventory, enabling a deeper understanding of its environmental impact and identifying areas for impactful change.The data presented in the report aligns with the Sustainability Accounting Standards Board (SASB) Technology and Communications standards for the Software and IT Services Industry and the United Nations Sustainable Development Goals (UNSDGs). The full report is available for download online at [link to report].
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is a leading Canadian fintech company empowering businesses worldwide to thrive. Its flexible and scalable technology enables businesses to accept next-generation payments, offer various payout options, and benefit from card issuing, banking, risk, and fraud management services. Connecting businesses to customers in over 200 markets, with local acquiring in 50 markets, 150 currencies, and 716 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with a single integration.
