Nuvei publishes its Third Annual Environmental, Social and Governance ("ESG") Report

Rhea-AI Summary

Nuvei (Nasdaq: NVEI) published its third annual ESG Report for 2023, outlining progress across governance, information security, team member wellbeing, community contributions and environmental stewardship.

Key disclosures include a formal ESG Policy, results from an inaugural ESG Materiality Assessment, a companywide team member engagement survey and the launch of the OneNuvei team member resource group with DE&I, Whole Person Wellness and Global Collaboration subgroups. The company also reported meeting its Board Diversity Policy target of ≥30% women on the board by fiscal 2023 and completing a GHG inventory assessment. Report data aligns with SASB technology standards and the UN SDGs.

MONTREAL, Sept. 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has published its third annual ESG Report for 2023.

The report details Nuvei's ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform.

"Sound corporate governance, strong information security procedures, team member well-being, positive community contributions, and environmental stewardship have been cornerstones of our culture since our inception more than 20 years ago," said Philip Fayer, Chair and CEO of Nuvei. "We remain committed to an ESG journey that relies on continuous improvement in our transparency, accountability, and results."

A selection of Nuvei's 2023 ESG achievements detailed in the report include:

• Integrating ESG Materiality Assessment Results: Nuvei worked to incorporate the results of the inaugural ESG Materiality Assessment and align the Company's ESG priorities with long-term strategy
• ESG Policy: The Company established a formal ESG Policy summarizing its commitments and sustainability initiatives
• Team Member Engagement Survey: Nuvei completed and began implementing the results from its first companywide team member engagement survey. Through this process and team member insights the Company established new team member resources and engagement initiatives
• Team Member Resource Group: The Company established a formal Team Member Resource Group, OneNuvei, and its three sub-groups: DE&I, Whole Person Wellness and Global Collaboration
• Commitment to Gender Equality: As the Company continually strives to empower its team members and achieve equality regardless of gender, Nuvei is proud to have met a goal set out by the Company's Board Diversity Policy for Women to represent at least 30% of the Board by the end of fiscal year 2023
• GHG Emissions Assessment: Nuvei further assessed the results of its formal Greenhouse Gas ("GHG") Inventory to better understand its environmental impact and identify where the Company can make the most difference

Data in this report has been aligned with the Sustainability Accounting Standards (SASB) Technology and Communications standards for the Software and IT Services Industry and the United Nations Sustainable Development Goals (UNSDGs).

The full report is available to read and download online here.

About Nuvei 

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 716 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. 

For more information, visit www.nuvei.com

Contact: 

Public Relations
alex.hammond@nuvei.com

Investor Relations
IR@nuvei.com

NVEI-IR

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SOURCE Nuvei

FAQ

What did Nuvei announce in its 2023 ESG Report (NVEI) published Sept. 5, 2024?

Nuvei published its third annual ESG Report for 2023 highlighting an ESG Policy, materiality assessment results, a team member engagement survey, OneNuvei resource group, a GHG inventory assessment and alignment to SASB and UN SDGs.

How did Nuvei (NVEI) perform on board gender diversity in fiscal 2023?

Nuvei met its Board Diversity Policy goal with women representing at least 30% of the board by the end of fiscal 2023.

What ESG frameworks does Nuvei (NVEI) use in its 2023 report?

The report aligns data with the SASB Technology and Communications standards for Software and IT Services and the United Nations Sustainable Development Goals.

What employee initiatives did Nuvei (NVEI) report in the 2023 ESG Report?

Nuvei completed a companywide team member engagement survey, launched the OneNuvei Team Member Resource Group and added new team member resources and engagement initiatives.

Did Nuvei (NVEI) disclose environmental metrics in the 2023 ESG Report?

Nuvei completed and further assessed a formal GHG inventory to better understand its environmental impact and areas for improvement.