DigitalCFO Newsroom | 29 July 2022
FinVolution Group, a leading fintech platform in China, today announced it has released its 2021 Environmental, Social, and Governance (ESG) report.
FinVolution Group, a leading fintech platform in China, today announced it has released its 2021 Environmental, Social, and Governance (ESG) report, the Company’s fourth consecutive annual ESG report. It highlights FinVolution’s ESG policies and accomplishments in 2021 as well as ongoing endeavors, underscoring its commitment to achieving sustainability and ESG goals.
“At FinVolution, upholding long-term commitments and responsibilities to our industry, environment and society are at the heart of our core values embedded across our business operations. We continue to make strides in improving our ESG management practices and advancing our ESG initiatives,” said Mr. Feng Zhang, Chief Executive Officer of FinVolution. “We were awarded a “low-risk” rating by Sustainalytics, a leading independent global provider in ESG research, ratings and data. In addition, we have become a member of the United Nations Global Compact (UNGC) in June, a testament to our relentless efforts as a responsible corporate citizen on a global scale.”
“Committed as always, we strive to make financial services better and more transparent. The 2021 ESG report is a snapshot of our efforts and initiatives, demonstrating our commitment to driving sustainability and enhancing value creation for our stakeholders. We will continue to reinforce our ESG engagement and responsibilities, leveraging FinVolution’s innovative technology and differentiators in ways that improve and sustain communities for generations to come,” concluded Mr. Zhang.
Key highlights from FinVolution’s 2021 ESG report include the Company’s initiatives with respect to:
- ESG management;
- Comprehensive risk management;
- Information security & privacy protection;
- Responsible operations;
- Access to finance;
- Employee care and training & development mechanisms; and
- Contribution to industry development.
These disclosures highlight the Company’s strategy to grow and innovate in a responsible and sustainable manner. The ESG report has been prepared in compliance with the core option of the Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards) and in accordance with MSCI ESG Rating Methodology.