Environmental Sustainability

Environmental Resilience

Stakeholders

The Board of Directors is responsible for supervising our ESG strategy, which encompasses financial and operational risks, opportunities related to the company strategy, and climate change. All personnel are responsible for the assessment and management of climate-related projects, goals, issues, and risk management. Our environmental policies are focused on reducing the risks and opportunities associated with climate change that we anticipate in our day-to-day operations.

Our Approach

As part of our approach to climate and carbon neutrality, we search for methods to support and influence change with our customers and communities. This involves foreseeing and seizing opportunities and hazards associated with climate change. While meeting customer needs for cash access and financial literacy, we also acknowledge the architectural and historical legacy of cities integrate our ATMs into those environments respectively.

Community Focus

By creating goods and services that blend in with our customers’ local cultures and heritage, we can promote community involvement through the mutual respect that is necessary. We will continue to monitor and assess climate-related hazards and opportunities, and we will integrate the conclusions we draw into our business strategy and operational execution.

Mitigation of Electronic Waste

Given the specific industry in which Euronet operates, the production or handling of hazardous waste is not typically associated with our business activities. However, this does not imply our lack of concern regarding managing waste generated from our equipment or production processes.

We have developed software for our systems with the purpose of minimizing the requirement for additional hardware, consequently contributing to the reduction of electronic waste.

Euronet designed and developed its software for its computer systems and networks to facilitate distributed processing and efficiently manage data load balancing, thus reducing the necessity for additional equipment, such as backup centers, that would otherwise require additional resources.

Once the electronics and equipment reach their end-of-life stage, it undergoes a sorting process, prioritizing reuse of goods, followed by recyclable goods, and finally disposal.

After the equipment undergoes the removal process, a certified e-waste recycling company, recognized by the Basel Action Network, carries out the final disposal procedures. Subsequently, the e-waste company issues a recycling certificate for each device.

Architectural and Cultural Preservation

Euronet values the historical and architectural legacy of cities and wants to make sure that our ATMs can be fully immersed in the surroundings, while serving the cash access needs of consumers.

By designing products and services to complement the surrounding culture and heritage of our consumers Euronet is able to drive community engagement through fostering the respect needed to work in local communities.

Opting for Energy-Efficient Office and Retail Space

Euronet opts for energy-efficient office and retail spaces where possible that incorporate efficient lighting systems and office equipment. We employ advanced building automation systems to optimize energy usage, monitoring and controlling lighting, HVAC and other systems that respond to occupancy and surrounding conditions. This includes the implementation of sensor-driven lighting systems and the use of programmable thermostats and HVAC with zone controls. Additionally, we promote recycling initiatives and encourage use of fuel-alternative transportation by offering complimentary vehicle charging stations for employees. We supply alarmed activated technology to reduce the number of back up data centers necessary.

Positive Office Environments

Euronet extends its commitment to human rights by ensuring the rights of its employees to good health and well-being within a nurturing work environment. Their office environment includes:

Supplementary employee assistance provided through the Families First Coronavirus Response Act (FFRCA), which offers employer-paid leave for the purpose of caring for families.

Food programs provide guidance on incorporating nutritious fruits, grains, and vegetables as substitutes for unhealthy alternatives.

Hybrid work arrangements for full-time employees allow for flexible office hours, spanning between 32 to 40 hours per week, to help maintain a balance of work and personal life.

Competitive healthcare benefits and retirement savings.

Offerings of sick leave, personal days and additional mental health assistance for employees and their family members.

Opportunities to engage in community benefits, social gatherings, and offering for continued education in various disciplines.

Hybrid & Remote Working Capabilities

Euronet incorporates hybrid and remote working capabilities where practical to minimize daily commuting and reduces the need for extensive office space and the associated costs of maintaining a shared work environment.

Digital workflows reduce the reliance on office supplies, and flexibility of work arrangements allows for optimal utilization of shared spaces among employees.

The flexibility to manage work schedules promotes more efficient utilization and management of time and resources.

Debt Avoidance

Euronet’s success is contingent upon the financial health and security of essential transactions that involve numerous stakeholders. In our commitment to assisting customers and safeguarding their interests, including prevention of excessive indebtedness, Euronet has incorporated various financial safeguards to ensure the reliability of our services and promote customer confidence.

Limits on transaction amounts on ATMs to prevent excessive spending in a brief timeframe

Withdrawals or transfers are only permissible with verified available funds

Transparency regarding fees linked to transfer services

Access to online platforms and mobile applications for instant transaction monitoring, accompanied by alerts and notifications to enable timely financial decision-making

Multiple options available to connect with customer service for assistance with payment transfers and other various company financial-related services

Multiple communication channels available for consumer inquiries and feedback

Each segment within the company publishes blogs and shares updates through its communication channels and social media platforms to provide current information, as well as the latest news and industry trends

Offers a range of communication avenues for shareholders, whistleblowers, and customers to connect for information, concerns and questions regarding company’s conduct, products, and services

It is worth noting that Euronet neither endorses, provides, nor sells loan products, and the company refrains from offering referrals to external lending agencies or financial institutions for loan products.

Promoting Electronic Alternatives to Printing Receipts

Euronet promotes electronic alternatives to printing receipts and encourages customers to opt for paperless transactions in efforts to reduce demand for paper, leading to the conservation of natural resources and the preservation of forests. The paperless initiative also helps reduce energy consumption and carbon footprint associated with the production, transportation, and disposal of paper receipts.

Additionally, this alleviates the burden on waste management systems and offers convenience and efficiency for both business and customers — by removing the hassle of paper receipts. Our ATMs provide the choice to opt out of printing receipts.

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Resource Use and Circular Economy