San Jose online payment solution great PayPal is celebrating another year of breaking down financial barriers for its users. Although not untouched by the market turmoil that has threatened fintechs across the board, the company has navigated this difficult time with aplomb, launching a new small business grant program with subsidiary Venmo and adjusting its long-term strategy to continue to thrive for years to come. A great deal has already been written in celebration of PayPal’s trailblazing rise to stardom. Since its founding in 1998, the company has grown to support over 325 million personal and business accounts in 202 countries, and has been honored by industry organizations dozens of times for its achievements in bringing safe, professional financial services to millions worldwide.
PayPal
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4.47
Overall Excellence Rating
Industry
Information TechnologyCategory
Internet & Web ServicesESG/Ethical Impact
As we advance our mission to democratize financial services for a more equitable, inclusive, and resilient global economy, we are committed to responsible innovation and management of our key environmental, social, and governance (ESG) opportunities and risks. Our environmental, social, and governance (ESG) strategy is a critical part of how we drive long-term business value and growth. Our latest Global Impact Report features ESG strategies, activities, progress, metrics, and performance in calendar year 2022 across four core dimensions: Employees & Culture, Social Innovation, Responsible Business Practices, and Environmental Sustainability. Our ESG strategy is based on the periodic significance assessment and prioritization of non-financial risks and opportunities identified by our business and our stakeholders as important for PayPal’s long-term success. Building on our ESG significance assessment conducted in 2020, we annually review our ESG significance map. In 2022, we reaffirmed our 18 key ESG topics, including eight designated as priorities for PayPal to drive long-term business performance and impact based on stakeholder feedback. The findings from our ESG significance assessment serve as an important input to inform how we strategically deploy resources across the enterprise and refine our ESG-related programs.
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Awards Received
2023
Revenues
29771000000
Website Traffic
Employee Rating
3.9
Customer Rating
3.4
Company Size
10000+
ESG Risk Rating
4