Home Credit releases its first environmental, social and governance report
Home Credit released its first Environmental, Social and Governance (ESG) Report on November 15, highlighting some of the charitable work the company has done during the COVID-19 pandemic.
Home Credit released its first Environmental, Social and Governance (ESG) Report on November 15, highlighting some of the charitable work the company has done during the COVID-19 pandemic.
The report sets out programmes and measures that the company has been delivering to support communities and customers, and how the company has focused on delivering responsible, sustainable financial services.
The report also sets out a six-pillar framework that guides Home Credit’s ESG approach, with a particular focus on the pandemic related support the company has been extending to customers and communities across the world.
“Responsible finance, digital empowerment and financial inclusion are woven into our company DNA. These principles are central to ESG at Home Credit and they underpin our support for customers, communities, staff and stakeholders,” said Jean-Pascal Duvieusart, Group CEO, Home Credit.
After beginning operations in Viet Nam in 2008, Home Credit now operates in the consumer finance industry with nearly 6,000 employees, serving more than 12 million customers in three main products: POS loans (motorbike, home appliances, electronics), cash loans and revolving loans (credit cards).
During the most recent social distancing period due to the COVID-19 outbreak, Home Credit Viet Nam launched Home Love, a programme that donated VND1 billion to the national COVID-19 vaccine fund, as well as donating more than 30,000 meals and essential goods to ten field hospitals, quarantine facilities, charity homes and homeless people. Moreover, 300 mid-autumn gifts were handed out to children and families in quarantine facilities, and to frontline doctors and nurses. — VNS
