Nuvei publishes its Third Annual Environmental, Social and Governance ("ESG") Report

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Nuvei (Nasdaq: NVEI) (TSX: NVEI), a Canadian fintech company, has released its third annual Environmental, Social and Governance (ESG) Report for 2023. The report highlights Nuvei's ongoing achievements across key ESG pillars and its commitment to being a people-first, technology-led global payments platform.

Key 2023 ESG achievements include:

• Integrating ESG Materiality Assessment results into long-term strategy
• Establishing a formal ESG Policy
• Conducting and implementing results from a companywide team member engagement survey
• Creating a Team Member Resource Group, OneNuvei, with sub-groups for DE&I, Wellness, and Global Collaboration
• Meeting the goal of 30% women representation on the Board
• Assessing GHG emissions to understand environmental impact

The report aligns with SASB Technology and Communications standards and UN Sustainable Development Goals.

MONTREAL, Sept. 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has published its third annual ESG Report for 2023.

The report details Nuvei's ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform.

"Sound corporate governance, strong information security procedures, team member well-being, positive community contributions, and environmental stewardship have been cornerstones of our culture since our inception more than 20 years ago," said Philip Fayer, Chair and CEO of Nuvei. "We remain committed to an ESG journey that relies on continuous improvement in our transparency, accountability, and results."

A selection of Nuvei's 2023 ESG achievements detailed in the report include:

• Integrating ESG Materiality Assessment Results: Nuvei worked to incorporate the results of the inaugural ESG Materiality Assessment and align the Company's ESG priorities with long-term strategy
• ESG Policy: The Company established a formal ESG Policy summarizing its commitments and sustainability initiatives
• Team Member Engagement Survey: Nuvei completed and began implementing the results from its first companywide team member engagement survey. Through this process and team member insights the Company established new team member resources and engagement initiatives
• Team Member Resource Group: The Company established a formal Team Member Resource Group, OneNuvei, and its three sub-groups: DE&I, Whole Person Wellness and Global Collaboration
• Commitment to Gender Equality: As the Company continually strives to empower its team members and achieve equality regardless of gender, Nuvei is proud to have met a goal set out by the Company's Board Diversity Policy for Women to represent at least 30% of the Board by the end of fiscal year 2023
• GHG Emissions Assessment: Nuvei further assessed the results of its formal Greenhouse Gas ("GHG") Inventory to better understand its environmental impact and identify where the Company can make the most difference

Data in this report has been aligned with the Sustainability Accounting Standards (SASB) Technology and Communications standards for the Software and IT Services Industry and the United Nations Sustainable Development Goals (UNSDGs).

The full report is available to read and download online here.

About Nuvei 

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 716 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. 

For more information, visit www.nuvei.com

Contact: 

Public Relations
alex.hammond@nuvei.com

Investor Relations
IR@nuvei.com

NVEI-IR

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SOURCE Nuvei

FAQ

What are the key highlights of Nuvei's 2023 ESG Report?

Nuvei's 2023 ESG Report highlights include integrating ESG Materiality Assessment results, establishing an ESG Policy, conducting a team member engagement survey, creating a Team Member Resource Group, achieving 30% women representation on the Board, and assessing GHG emissions.

How has Nuvei (NVEI) addressed gender equality in its 2023 ESG Report?

Nuvei (NVEI) met its goal of having women represent at least 30% of its Board by the end of fiscal year 2023, as outlined in the Company's Board Diversity Policy.

What environmental initiatives did Nuvei (NVEI) undertake in 2023?

Nuvei (NVEI) conducted a formal Greenhouse Gas (GHG) Inventory and further assessed the results to better understand its environmental impact and identify areas for improvement.

How is Nuvei (NVEI) promoting employee engagement according to its 2023 ESG Report?

Nuvei (NVEI) completed a companywide team member engagement survey and established a Team Member Resource Group called OneNuvei, with sub-groups focusing on DE&I, Whole Person Wellness, and Global Collaboration.

What standards does Nuvei's 2023 ESG Report align with?

Nuvei's 2023 ESG Report aligns with the Sustainability Accounting Standards (SASB) Technology and Communications standards for the Software and IT Services Industry and the United Nations Sustainable Development Goals (UNSDGs).