Oportun Wins Finovate Award for Excellence in Sustainability
September 26 2022 - 8:30AM
Oportun (Nasdaq: OPRT), a mission-driven fintech and digital
banking platform, today announced that it has been named the 2022
Finovate Award Winner for Excellence in Sustainability. The
Finovate Awards recognize exceptional contributions made by
organizations and individuals from the financial technology sector.
It honors those companies driving fintech innovation forward and
the individuals bringing new ideas to life. This is the first time
Oportun has received this prestigious award.
“We are committed to creating a durable bond between the growth
of our business and the financial health of our members and the
communities we serve,” said Ezra Garrett, SVP of Public Affairs and
Impact at Oportun. “We take our responsibility to our members,
employees, stakeholders and the world around us seriously, and are
proud to be honored for our balanced, effective, and sustainable
approach to Environmental, Social, and Governance (ESG)
standards.”
Oportun has focused on developing a holistic ESG approach that
builds strategies and sets goals that advance sustainable solutions
for its members, cultivate an inclusive work environment, and
strengthen the communities it serves. Highlights of Oportun’s ESG
program includes:
- Helping our members effortlessly set aside more than $3,000
annually, on average, per-person, for rainy days and other
purposes
- Helping more than 1 million people begin building a credit
score
- Helping our members save more than $2.3 billion in interest and
fees
- Donating 1% of the company’s annual net profits and 1% of our
employees' time to support charitable and nonprofit organizations,
with the majority of our charitable giving supporting communities
of color
- Prioritizing diversity among our employee base, as evidenced by
the fact that the majority of Oportun leadership, including the
Oportun Board of Directors, self-report as women or members of
historically underrepresented groups
- Reducing our carbon footprint by purchasing 7,240 tonnes of
carbon offsets
- Reducing 20,488 pounds of CO2 emissions from e-waste and
recycling initiatives
Oportun’s 2021 Corporate Responsibility and Sustainability
report can be found here.
About OportunOportun (Nasdaq: OPRT) is an
A.I.-powered digital banking platform that seeks to make financial
health effortless for anyone. Driven by a mission to provide
inclusive and affordable financial services, Oportun helps its over
1.8 million hardworking members meet their daily borrowing,
savings, banking, and investing needs. Since inception, Oportun has
provided more than $14 billion in responsible and affordable
credit, saved its members more than $2.3 billion in interest and
fees, and automatically helped members set aside more than $8.1
billion for rainy days and other needs. In recognition of its
responsibly designed products, Oportun has been certified as a
Community Development Financial Institution (CDFI) since 2009. For
more information about Oportun, visit https://oportun.com.
Media ContactGeorge Gonzalez(650)
769-0441george.gonzalez@oportun.com
Investor ContactDorian Hare(650)
590-4323Ir@oportun.com
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