Business
Flywire Releases Inaugural Environmental, Social and Governance (ESG) Report
Flywire’s 2022 ESG report provides baseline ESG metrics and details the company’s ongoing commitments to environmental, social, and governance initiatives
About this update from Flywire Corporation - Voting
[{"type":"text","content":"Flywire’s 2022 ESG report provides baseline ESG metrics and details the company’s ongoing commitments to environmental, social, and governance initiatives Flywire continues to enhance its ESG strategy to enrich its surrounding communities, and deliver value to clients, payers, employees and other stakeholders BOSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Today, Flywire (NASDAQ: FLYW), a global payments enablement and software company, released its inaugural Environmental, Social & Governance (ESG) report, the company’s first comprehensive summary about how it integrates social good initiatives into its business strategy. The report provides baseline metrics as well as a detailed overview of the core tenets of Flywire’s ESG program, which are shaped by many defining principles - from social impact and community engagement, to diversity, equity and inclusion (DE&I), and much more. “Flywire’s commitment to ESG has always been a core tenet of our business strategy,” said Mike Massaro, Flywire CEO. “From leveraging software to bridge the access and affordability gap in education and healthcare, to fostering a diverse, equitable and inclusive workforce that spans 14 global offices and more than 40 nationalities, we continue to commit to the ideal that being a force for good can be inextricably linked to generating growth and short-and long-term value.” Flywire’s inaugural ESG report details the company’s investments across the following ESG disciplines, including: Affordability and accessibility - Flywire’s payments technology and software enables payers to set up payment plans, helping to make high-value transactions like medical bills and education expenses more accessible and affordable.Diversity, equity and inclusion - Flywire employees represent 40 nationalities and more than 35 spoken languages. Our Employee Resource Groups, including Flywire Pride, FlyBlack, Women of Flywire and Flywire Globals, are devoted to promoting our DE&I mission.Career development and training - So far in 2022, FlyMates have spent more than 2,900 hours on company-sponsors career development and training programs. These initiatives are available to all FlyMates, including part-time and contract employees.Social impact and community engagement - A cornerstone of Flywire’s social impact and community engagement efforts is the The Flywire Charitable Foundation,...