Social Sustainability

Supply Chain Management

Vendor Relationships

Trust is of the utmost importance in Euronet, not only between the organization and its customers but also between Euronet and its vendors. “Vendors” is a general term that encompasses various third-party relationships across the globe, including suppliers, vendor affiliates, vendor and supplier personnel, dependents, providers, subcontractors, and agents. Euronet believes our vendors and their actions are an extension of the company’s own actions and reputation.

Key Considerations for Vendors

By expecting vendors to participate in complementary third-party programs related to risk, information security, corporate responsibility, and adhering to the Euronet’s Code of Business Conduct and Ethics, Euronet can ensure that its vendors are aligned with its values and meet the required standards. Regular monitoring, evaluations, and transparent communication with vendors will further strengthen Euronet’s vendor relationships and contribute to a culture of trust and ethical practices.

Some key considerations for fostering trust with vendors:

Protect Euronet’s interests in accordance with applicable laws, prevailing industry practices, and contract terms.

Value business principles that reflect respect for human rights and comply with all applicable laws relating to human rights, including those intended to identify, mitigate, and monitor risk activities of human trafficking, modern slavery, and forced and exploitive labor.

Provide living wages to its employees with benefits that allow an adequate standard of living and implement compensation that is transparent and fair.

Embed and drive efficiencies and responsible resource use through minimizing negative environmental impacts, developing processes to
reduce greenhouse gas emissions, increase energy efficiency, reduce water wasteful usage practices.

Technology Management 

Euronet understands that attentive management plays a crucial role in the development, deployment, operations, and maintenance of technology. We strive to continually optimize technology and processes to offer enhanced experiences and outcomes for our customers.

Euronet’s commitments to delivering advanced, secured, and efficient solutions are structured through the following principles:

Security

Establish a foundation on secure and sustainable platforms that guard against cyber threats and guarantee the resilience and dependability of their systems.

Efficiency

A process that is transparent and open to all qualified suppliers ensures we obtain the best value for our organization while promoting diversity in our supply base

Management

Apply cutting-edge project management methodologies to ensure timely and efficient executions and completion of projects.

Compliance

Comply with all applicable laws and regulations pertaining to data protection, privacy, and security.

Growth

Continually invest in training and development to ensure technology professionals are equipped with up-to-date skills and knowledge, enabling them to stay ahead in the ever-evolving technological environment.

Where We Work

0%
North America
0%
Europe
0%
Asia
0%
Latin America & The Caribbean
0%
Africa
0%
Oceania

Right of Freedom of Association and Collective Bargaining

Euronet acknowledges that the practice of collective bargaining holds significant importance in certain sectors and is committed to and protects the freedom of association and the right to organize. Historically, the technology industry developed without the presence of unions and collective bargaining, primarily because professionals in this field are typically well-compensated. Euronet ensures compliance with local laws and regulations by implementing employee councils in subsidiaries where required.

Less than 3% of Euronet’s workforce operates under jurisdictions mandating employee councils, such as France, Germany, and Brazil. Although employees in numerous European countries possess the right to initiate the formation of workers’ councils, they have not chosen to exercise this option. Employees within the company have the freedom to establish a workers’ council. It is encouraged that employees engage in personalized negotiations for their employee benefits.

Additionally, Euronet provides the opportunity for all eligible employees in countries were permitted to acquire company shares at a reduced rate through an Employee Stock Purchase Plan, an initiative that empowers every employee to gain ownership within the company. Throughout its history, Euronet has not encountered any instances of work stoppages or strikes among its employees.

Next Section

Cybersecurity & Data Protection