The 2030 Agenda for Sustainable Development and the UN’s 17 Sustainability Development Goals (SDGs) provide a common framework for peace and prosperity for people and the planet. Contributing to the SDGs is of uttermost importance to us. We see it as both an obligation and an opportunity.
Hoist Finance has prioritised the six SDGs to which we can contribute to the most given our business model and activities. The below table outlines which goals and targets we have prioritised and how our work supports these SDGs.
To ensure employee health, we offer access to preventative health care programs and access to tools to minimise mental health issues and stress. We also offer hybrid working opportunities for a flexible work-life balance. Furthermore, by providing customers with the best opportunities to become debt free we increase the potential of reducing related mental health issues.
Our objective is to help customers become debt free and increase the level of financial inclusion. We do this through amicable solutions, ethical and fair customer treatment, supporting customers in creating sustainable and affordable payment plans and enhancing our customers’ experience and financial literacy. We also engage in partnerships for increasing financial inclusion.
We work for promoting equal opportunities and fair remuneration for all employees, and have defined targets in place for diversity, equality and inclusion (DEI). We respect human rights and non-discrimination, and have embedded policies promoting DEI for our Group and suppliers. By supporting people to pay off their debts, increased financial inclusion also influence social societal norms in the long-term.
We are committed to support the transition to a clean and energy-efficient global economy by reducing our environmental impact and climate footprint. We report on identified climate change risks and GHG emissions data, fundamental for future decisions on business strategy and targets. We continuously work to improve data quality and tools to better assess and quantify climate change risks.
Human rights and strong ethical standards are hygiene factors for us. Through robust procurement processes we take active measures to abolish risks of forced labour and child exploitation. Through controls, training and escalation procedures we are working to prevent and detect acts of corruption and bribery.
We contribute to knowledge sharing for example through engaging with stakeholders and external parties and by partnering up around financial inclusion to create shared value. We contribute to increased transparency through reporting initiatives such as TCFD, GRI and UN Global Compact.