Business
NerdWallet Releases Inaugural Environmental, Social and Governance Report
SAN FRANCISCO--(BUSINESS WIRE)-- Today, NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small-and mid-sized
About this update from Nerdwallet, Inc.
[{"type":"text","content":" SAN FRANCISCO--(BUSINESS WIRE)--\nToday, NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small-and mid-sized businesses (SMBs), published the company’s inaugural 2022 Environmental, Social and Governance (ESG) Report.\n\nFrom the start, NerdWallet’s core mission has been to increase access to financial tools and education and provide clarity for all of life’s financial decisions. Today’s announcement marks a new chapter in NerdWallet’s history as this report highlights current and new initiatives and the company’s commitment to integrating ESG principles and practices throughout the organization.\n\n“This is an exciting day for NerdWallet as we formalize our ESG work and make it available for all to see,'' said Tim Chen, NerdWallet CEO and Co-founder. “At NerdWallet we recognize the potential effects of operating our business in a responsible and socially conscious way. We — our employees, leadership and shareholders — value action taken with honor and an eye toward the greater good. With our ESG strategy, it is our goal to help play a role in improving access to critical financial education, and we are committed to upholding accountability and integrity in all of our business practices.”\n\nBased on an in-depth materiality assessment NerdWallet conducted between December 2021 and April 2022, the company’s ESG initiatives focus on three key pillars:\n\n\nAchieving Our Vision: Our vision is a world where everyone makes financial decisions with confidence. We know not everyone has access to the proper tools and resources to make these decisions, that not everyone is adequately served by financial incumbents, and addressing these inequities is endemic to our DNA.\n\n\nInvesting in Our Nerds (Employees): NerdWallet’s most important asset is its workforce of Nerds. NerdWallet is committed to building and maintaining an inclusive and equitable workforce, to creating a work environment that is intellectually and socially rewarding, and to helping Nerds reach their own professional goals, at NerdWallet and beyond.\n\n\nBuilding a Socially Responsible Business: NerdWallet recognizes it is accountable to the communities and people it impacts broadly. It is important that NerdWallet’s business is conducted in a socially responsible manner that helps benefit the lives of Nerds, direct users and...