Meta Financial Group, Inc.® Publishes 2021 Environmental, Social and Governance Report
April 27 2022 - 9:00AM
Business Wire
2021 report maps progress toward key ESG
objectives, including efforts to achieve the Company’s
long-standing mission of advancing “Financial Inclusion for
AllTM”
Meta Financial Group, Inc.® (Nasdaq: CASH) (the “Company”), the
financial holding company of MetaBank®, N.A., a leading financial
empowerment company, published its 2021 Environmental, Social and
Governance Report. In the spirit of its purpose to power financial
inclusion for all, the report highlights how the Company is
aligning corporate priorities with facilitating the economic
mobility of communities nationwide.
“Our purpose – to power financial inclusion for all, helping to
provide financial access to underserved communities – lies at the
heart of our operations and stands as our defining purpose,” said
Brett Pharr, CEO of Meta Financial Group. “Our commitment to the
ESG strategy that we’ve implemented aligns with that purpose,
delivering on the vision of our Board of Directors and running deep
through our people.”
Over the last year, Meta Financial Group advanced its ESG
strategy with several initiatives. Highlights include:
- Environmental: Originating $101.1 million in renewable energy
financing for businesses, particularly solar.
- Social: Achieving 23% employee participation in its employee
resource groups. The Company also earned an Outstanding rating in
its most recent Community Reinvestment Act evaluation in
recognition of its commitment to helping low- and moderate-income
individuals and small businesses.
- Governance: Adding an ESG Committee to its Board of Directors
to oversee its work and ensure strong governance in the delivery
and implementation of the ESG strategy set forth in 2021.
Governance has been a key focus for Meta Financial Group. Beyond
appointing an ESG Committee to its Board of Directors, the Company
enhanced its emphasis on employee engagement, retooled its
recruitment strategy to attract a more diverse workforce, and
invested in developing talent by introducing new opportunities for
personal career growth and fulfillment.
Meta Financial Group also launched its Community Impact Program,
a public-minded effort toward creating lasting, positive change for
the communities in which it operates. And, to create internal
alignment between service lines, the Company added the position of
an Ethics Officer to serve as an ambassador for its high governance
standards and to ensure compliance with its Code of Business
Conduct.
“We have built upon our strong foundation to make measurable and
meaningful impact for our employees, customers and the communities
in which we live and serve,” said Catherine McGlown, Vice President
of Environmental, Social and Governance and Diversity, Equity and
Inclusion. “From funding projects that reduce carbon emissions to
rewarding employee engagement and volunteerism, we continue to pave
a path toward achieving MetaBank’s ESG priorities.”
To download Meta Financial Group’s 2021 ESG report, click
here.
About Meta Financial Group, Inc.®
Meta Financial Group, Inc.® (Nasdaq: CASH) is a U.S.-based
financial holding company driven by its purpose to power financial
inclusion for all™. Through our subsidiary, MetaBank®, N.A., we
strive to increase financial availability, choice, and opportunity
across strategic service lines including Payments, Commercial
Finance, and Consumer Solutions, which is comprised of tax services
and consumer lending. These solutions are seamlessly integrated to
provide end-to-end support to the individuals and businesses who
are powering the everyone economy. On March 29, 2022, MetaBank
announced it is changing its name to Pathward™, N.A., and Meta
Financial Group, Inc. is changing its name to Pathward Financial,
Inc.™. Meta Financial Group, Inc. will make certain changes
immediately and fully transition to Pathward Financial, Inc.™ by
the end of this calendar year. Learn more at
MetaFinancialGroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220427005269/en/
Courtney Heidelberg mediarelations@metabank.com
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