China

FinVolution Group Releases 2019 ESG Report

FinVolution Group, a FinTech platform in China, has announced the release of its Environmental, Social, and Governance (ESG) report highlighting FinVolution's efforts and accomplishments in environmental sustainability, social responsibility and corporate governance for 2019.

Feng Zhang, Chief Executive Officer, FinVolution, said: “Corporate social responsibility is an essential element of our inclusive culture and is embodied in many aspects of our business operation. As a leading FinTech platform in China, we recognize the importance of balancing our business goals with social responsibility when it comes to all of our stakeholders including customers, employees, partners in the industry in which we operate and society at large. The 2019 ESG report is a snapshot of our initiatives and commitment towards social responsibility and is incorporated into FinVolution's management framework, where it is then reinforced at multiple levels of our company."

Key highlights from the FinVolution's 2019 ESG report include the Company's initiatives to drive:

  • SG management;
  • Comprehensive risk management;
  • Information security & privacy protection;
  • Responsible operations;
  • Access to finance;
  • Employee care and training & development mechanism; 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 reference with MSCI ESG Rating Methodology.

The full report can be found HERE.