Flywire releases ESG report

Flywire released its inaugural Environmental, Social & Governance report, the company’s first comprehensive summary about how it integrates social good initiatives into its business strategy. The report provides baseline metrics as well as a detailed overview of the core tenets of Flywire’s ESG program, which are shaped by many defining principles – from social impact and community engagement, to diversity, equity and inclusion, and much more. Flywire’s inaugural ESG report details the company’s investments across the following ESG disciplines, including: Affordability and accessibility – Flywire’s payments technology and software enables payers to set up payment plans, helping to make high-value transactions like medical bills and education expenses more accessible and affordable. Diversity, equity and inclusion – Flywire employees represent 40 nationalities and more than 35 spoken languages. Our Employee Resource Groups, including Flywire Pride, FlyBlack, Women of Flywire and Flywire Globals, are devoted to promoting our DE&I mission. Career development and training – So far in 2022, FlyMates have spent more than 2,900 hours on company-sponsors career development and training programs. These initiatives are available to all FlyMates, including part-time and contract employees. Social impact and community engagement – A cornerstone of Flywire’s social impact and community engagement efforts is the The Flywire Charitable Foundation, which has tripled in size since its inception in 2020. Data privacy, security and compliance: Flywire’s dedicated compliance and risk management function, overseen by our Compliance Officer and Chief Information Security Officer with Board-level oversight, has been built over more than a decade, providing payers and clients confidence in our solutions. Governance and ethics: Flywire is committed to ethical and compliant business practices and good corporate governance for the long-term success of our company and stakeholders. Environmental sustainability: Flywire conducted our first greenhouse gas audit, with a vision to reduce our carbon-intensive activities and improve overall energy efficiencies.