Alliance Data releases 2020 ESG Performance Report. Provides up-to-date information on three-year sustainability goals | Ohio

Columbus, Ohio, June 17, 2021 / PRNewswire /- Alliance Data Systems Corporation (NYSE: ADS) Leading global providers of data-driven marketing, loyalty and payment solutions today 2020 Environmental, Social and Governance (ESG) Performance Report.. This report is a second stakeholder awareness survey that guides the company’s achievements against the three-year sustainability goals set in 2017 and the next phase of Alliance Data’s evolving ESG strategy. It shows important findings from the importance assessment.

“Alliance Data operates as a responsible global organization and continues to take a principled approach to delivering value to key stakeholders such as shareholders, associates, customers and communities.” Ralph Andretta, President and Chief Executive Officer, Alliance Data. “We are proud of the progress we have made in 2020 and continue to focus on priorities that drive the long-term success of our business and stakeholders. In defining the ESG strategy for the next generation of Alliance Data. I am confident that it will happen. It will further accelerate the momentum of change and progress towards business goals. ”

The 2020 ESG report details the company’s behavior and impact across critical areas during the three years from 2017 to 2020. The main highlights are:

  • Sustainability Governance: Update the company’s board of directors quarterly to promote a high level of involvement and oversight
  • Fair & Responsible Banking: Technology is upgraded to the company’s underwriting process to reduce bias and create equivalence. Benchmark Portal’s “Center of Excellence” certification 15 times in a row, top mark for customer service excellence (more than any other company in the financial services industry)
  • Safe and responsible use of data: No data breaches.Continued investment in training, data and technology protection
  • Human capital: Reduced voluntary turnover by 3%, increased investment in training costs per employee by 35%, and established DE & I strategic framework
  • Investing in the community: Contribution $ 30 million, Almost include $ 7 million “Data for Good” initiative.Associates volunteered for over 76,000 hours
  • Environment: Investing in global conservation initiatives that helped reduce energy-efficient lighting, LEED certification, facility upgrades such as electric vehicle charging stations, and reduce company carbon dioxide emissions.

“We believe ESG strategies are enablers of business transformation, mitigating risk and staying competitive in dynamic markets,” he said. Dana Beckman, Sustainability Officer, Alliance Data. “Last year brought a lot of change and uncertainty, but as our employees face challenges and have a positive impact on our business and the customers and communities we serve. It’s useful. “

Alliance Data’s ESG strategy focuses on our ongoing transformation that prioritizes stakeholder value delivery, technology modernization, diverse and inclusive cultural advances, and maintaining our commitment to ethical decision making. I will set it up. These priorities are rooted in our responsible business practices and sound corporate governance.

Alliance Data conducts annual assessments and assessments of evolving ESG standards, and last year’s report adopted Sustainability Accounting Standards Board (SASB) standards. We first reported in 2016 against Global Reporting Initiative (GRI) standards.

For more information on our sustainability strategy and progress, please see the full text. 2020 ESG Performance Report..

About alliance data

Alliance data ® (NYSE: ADS) is a leading provider of data-driven marketing, loyalty, and payment solutions serving large consumer-based industries. The company creates and deploys customized solutions that make consumer behavior measurable while driving the growth and profitability of some of today’s most famous brands. Alliance Data helps partners create and enhance customer loyalty across multiple touchpoints using traditional digital, mobile, and new technologies.The head office is Columbus, Ohio, Alliance Data is an S & P MidCap 400 company, consisting of companies that employ approximately 8,000 people in more than 45 locations around the world.

Alliance Data Card Service Business is a comprehensive provider that includes market-leading private label, brand alliances, general purpose and business credit card programs, and digital payments. Bread®, And Comenity branded financial services. LoyaltyOne® Owned and operated Air miles® Reward program, Canada’s Most recognized loyalty programs, and Netherlandsbase Brand loyalty, A global provider of bespoke loyalty programs for grocery stores. For more information on Alliance Data, please visit: www.AllianceData.com..

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Description of future prospects

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. “Believe”, “Expect”, “Expect”, “Estimate”, “Intention”, “Plan”, “Plan”, “Probably”, “May”, “Should” Import words or similar words or phrases such as “is”. Similarly, statements that describe our business strategy, outlook, objectives, plans, intents, or goals are forward-looking statements. Examples of forward-looking statements include, but are limited to, statements regarding expected performance or financial results, initiation or completion of strategic initiatives, including proposals for spin-offs of the LoyaltyOne segment. It will not be. Includes, but is limited to, future dividend declarations and exchange rate fluctuations, market conditions, the impact of COVID-19 on relief measures for affected borrowers and depositors, labor shortages due to quarantine, and reduced customer demand. Not future economic conditions, supply chain disruptions for our compensation suppliers and disruptions in the aviation or travel industry.

We believe our expectations are based on rational assumptions. However, forward-looking statements involve many risks and uncertainties in which actual results may differ materially from the forecasts, expected results, or other expectations presented in this release. Expectations were correct. These risks and uncertainties include, but are not limited to, the factors listed in the Risk Factors section of the Form 10-K Annual Report for the most recently completed fiscal year. A quarterly report on Form 10-Q submitted in the period following such Form 10-K. Our forward-looking statements are stated only as of the date they were created, and unless required by applicable law, new information, subsequent events, expected or unexpected circumstances or otherwise. ..

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Alliance Data releases 2020 ESG Performance Report. Provides up-to-date information on three-year sustainability goals | Ohio

Source link Alliance Data releases 2020 ESG Performance Report. Provides up-to-date information on three-year sustainability goals | Ohio

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