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Porch Group Releases its 2024 ESG Report

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Porch Group (NASDAQ: PRCH) has released its second ESG Report, highlighting its achievements in sustainability, diversity, and innovation. The report showcases several key accomplishments, including maintaining a 50% diverse board and nearly 50% gender diversity across employees, while achieving 'Great Place to Work' certification for the third consecutive year.

Notable initiatives include the implementation of Spanish subtitles and rental history-based mortgage approvals through the Floify platform, multi-language capabilities in home inspection reports, and an enterprise-wide learning development roadmap. The company has also strengthened its cybersecurity operations and outlined goals for 2025 and beyond, demonstrating its commitment to sustainable business practices and stakeholder value creation.

Porch Group (NASDAQ: PRCH) ha pubblicato il suo secondo Rapporto ESG, evidenziando i suoi risultati in materia di sostenibilità, diversità e innovazione. Il rapporto presenta diversi traguardi chiave, tra cui il mantenimento di un consiglio di amministrazione diverse al 50% e quasi una diversità di genere del 50% tra i dipendenti, ottenendo la certificazione 'Great Place to Work' per il terzo anno consecutivo.

Tra le iniziative degne di nota ci sono l'implementazione di sottotitoli in spagnolo e approvazioni di mutui basate sulla storia di affitto attraverso la piattaforma Floify, capacità multilingue nei rapporti di ispezione della casa e un piano di sviluppo dell'apprendimento a livello aziendale. L'azienda ha anche rafforzato le sue operazioni di cybersecurity e delineato obiettivi per il 2025 e oltre, dimostrando il suo impegno per pratiche commerciali sostenibili e la creazione di valore per gli stakeholder.

Porch Group (NASDAQ: PRCH) ha publicado su segundo Informe ESG, destacando sus logros en sostenibilidad, diversidad e innovación. El informe presenta varios logros clave, incluyendo el mantenimiento de un consejo diverso del 50% y casi un 50% de diversidad de género entre los empleados, mientras logra la certificación 'Great Place to Work' por tercer año consecutivo.

Las iniciativas notables incluyen la implementación de subtítulos en español y aprobaciones de hipotecas basadas en el historial de alquiler a través de la plataforma Floify, capacidades multilingües en informes de inspección de viviendas y una hoja de ruta de desarrollo de aprendizaje a nivel empresarial. La compañía también ha reforzado sus operaciones de ciberseguridad y ha esbozado metas para 2025 y más allá, demostrando su compromiso con prácticas comerciales sostenibles y la creación de valor para los grupos de interés.

Porch Group (NASDAQ: PRCH)는 지속 가능성, 다양성 및 혁신 측면에서 달성한 성과를 강조하는 두 번째 ESG 보고서를 발표했습니다. 이 보고서는 50%의 다양한 이사회와 직원 간의 거의 50% 성비 다양성 유지를 포함한 여러 주요 성과를 보여주며, 3년 연속 '근무하기 좋은 곳' 인증을 획득했습니다.

주목할 만한 이니셔티브로는 Floify 플랫폼을 통한 스페인어 자막 및 임대 이력을 기반으로 한 모기지 승인, 주택 검사 보고서의 다국어 기능, 기업 전반의 학습 개발 로드맵의 구현이 포함됩니다. 또한, 회사는 사이버 보안 운영을 강화하고 2025년 이후의 목표를 설정하여 지속 가능한 비즈니스 관행과 이해관계자 가치 창출에 대한 헌신을 보여주었습니다.

Porch Group (NASDAQ: PRCH) a publié son deuxième Rapport ESG, mettant en lumière ses réalisations en matière de durabilité, de diversité et d'innovation. Le rapport met en avant plusieurs réalisations clés, notamment le maintien d'un conseil d'administration diversifié à 50% et presque 50% de diversité de genre parmi les employés, tout en obtenant la certification 'Great Place to Work' pour la troisième année consécutive.

Parmi les initiatives notables figurent la mise en œuvre de sous-titres en espagnol et des approbations hypothécaires basées sur l'historique de location via la plateforme Floify, des capacités multilingues dans les rapports d'inspection des maisons et une feuille de route de développement de l'apprentissage à l'échelle de l'entreprise. L'entreprise a également renforcé ses opérations de cybersécurité et a défini des objectifs pour 2025 et au-delà, démontrant son engagement envers des pratiques commerciales durables et la création de valeur pour les parties prenantes.

Porch Group (NASDAQ: PRCH) hat seinen zweiten ESG-Bericht veröffentlicht, in dem die Erfolge in den Bereichen Nachhaltigkeit, Vielfalt und Innovation hervorgehoben werden. Der Bericht zeigt mehrere wichtige Errungenschaften, darunter die Beibehaltung eines 50% vielfältigen Vorstands und nahezu 50% Geschlechtervielfalt bei den Mitarbeitenden, während das Unternehmen zum dritten Mal in Folge die Zertifizierung als 'Great Place to Work' erhält.

Bemerkenswerte Initiativen umfassen die Implementierung spanischer Untertitel und Hypothekengenehmigungen basierend auf der Mietgeschichte über die Floify-Plattform, mehrsprachige Funktionen in Hausinspektionsberichten und einen unternehmensweiten Lernentwicklungsplan. Das Unternehmen hat außerdem seine Cybersicherheitsoperationen gestärkt und Ziele für 2025 und darüber hinaus skizziert, um sein Engagement für nachhaltige Geschäftspraktiken und die Schaffung von Werten für die Interessengruppen zu demonstrieren.

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SEATTLE--(BUSINESS WIRE)-- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, is proud to announce the release of its second Environmental, Social, and Governance (ESG) Report. The report showcases the company’s commitment to fostering sustainability, diversity, and innovation to help drive business profitability.

This year’s ESG report highlights key achievements across areas such as Diversity, Equity, & Inclusion (DEI), employee experience, risk management, and cybersecurity. It also outlines goals for 2025 and beyond, reinforcing Porch’s dedication to continuous improvement and sustainable business practices.

Key Highlights from the 2024 ESG Report include:

  • Achieved “Great Place to Work” certification for the third consecutive year
  • Maintained a 50% diverse board of directors and nearly 50% gender diversity across employees
  • Supported homebuyers with Spanish subtitles and rental history-based mortgage approvals through the Floify platform
  • Integrated multi-language capabilities into home inspection reports, enabling better service for underserved communities
  • Delivered an enterprise-wide learning and development roadmap to enhance employee growth and retention
  • Continued investments in cybersecurity operations

“We believe our ESG initiatives not only drive positive change but also create long-term value for our stakeholders,” said Matt Ehrlichman, CEO, Chairman, and Founder of Porch Group.

The full report is available on the Porch Group website at ir.porchgroup.com.

About Porch Group

Porch Group, Inc., ("Porch") is a homeowners insurance and vertical software platform. Porch's strategy to win in homeowners insurance is to leverage unique data for advantaged underwriting, provide the best services for homebuyers, and more protection. The long-term competitive moats that create this differentiation come from Porch's leadership in home services software-as-a-service and its deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage, and title companies.

To learn more about Porch, visit ir.porchgroup.com.

Investor Relations Contact:

Lois Perkins, Head of Investor Relations

Porch Group, Inc.

Loisperkins@porch.com

Source: Porch Group, Inc.

FAQ

What are the key diversity metrics in Porch Group's (PRCH) 2024 ESG Report?

Porch Group maintains a 50% diverse board of directors and nearly 50% gender diversity across its employee base, as reported in their 2024 ESG Report.

How is Porch Group (PRCH) improving accessibility for Spanish-speaking customers?

Porch Group has implemented Spanish subtitles in their Floify platform and integrated multi-language capabilities into home inspection reports to better serve Spanish-speaking and underserved communities.

What workplace recognition did Porch Group (PRCH) receive in 2024?

Porch Group achieved 'Great Place to Work' certification for the third consecutive year, as mentioned in their 2024 ESG Report.

What new mortgage approval features has Porch Group (PRCH) implemented?

Porch Group has introduced rental history-based mortgage approvals through their Floify platform to support homebuyers.

What employee development initiatives has Porch Group (PRCH) implemented in 2024?

Porch Group has delivered an enterprise-wide learning and development roadmap designed to enhance employee growth and retention.

Porch Group, Inc.

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