United Nations Global Compact

4finance joined the Global Compact as part of our commitment to the UN’s Ten Principles and our support of the UN’s Strategic Development Goals. Our participation helps inform our broader sustainability efforts, our desire to serve our customers well, contribute to the societies we operate in, and to act as a responsible employer. 

4finance Holdings has been a signatory to the UNGC since June 2023.

The UN has invited companies around the world to commit to its Sustainable Development Goals (SDGs) to further Environment, Social and Governance objectives. The scheme requires a commitment from 4finance, and an annual update on progress towards goals. 

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2: make sure that they are not complicit in human rights abuses.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4: the elimination of all forms of forced and compulsory labour;

Principle 5: the effective abolition of child labour; and

Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;

Principle 8: undertake initiatives to promote greater environmental responsibility; and

Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10:
‍Businesses should work against corruption in all its forms, including extortion and bribery

In addition to the Ten Principles, out of the 17 SDGs, we have chosen to focus on the following, that we feel are most relevant to our business.

4finance’s Strategic Development Goals:

We offer credit products to those who are often underserved by the established banking system.
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We are considered in our dealings with customers if they experience difficulties, offering forbearance and a practical approach if a person's circumstances change.

4finance strives to promote gender equality as an employer and in access to finance.

While 4finance is not a major contributor to greenhouse gas emissions, we have and continue to take steps to reduce our impact on the climate.
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We're moving to lower impact, more energy efficient office space.
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We have shifted our online operations to the cloud, a far more energy efficient way of hosting.

Business travel has been significantly reduced with improvements in collaboration technology.

Through our policies and practice 4finance commits to promote equality as both an employer and provider of financial services.

We invest in strong compliance across KYC, AML, CFT, anti-fraud and other efforts to combat criminal activity in our industry.

We are committed to transparency in our relationships with stakeholders and are part of the EU Transparency Register.

We do not make political donations.

We aim to be an employer of choice with rewarding work and opportunities to develop.

We are an international business that offers growth opportunities across our businesses.

Our CEO letter of commitment Our UNGC Registration 4finance Holding Communication on Progress