H&R Block Publishes Fifth Annual ESG Report
September 25 2024 - 4:35PM
H&R Block, Inc. (NYSE: HRB) today published its fifth Annual
Environmental, Social, and Governance (ESG) Report for fiscal year
2024 (July 1, 2023 – June 30, 2024). The Annual ESG Report reflects
H&R Block’s ongoing commitment to transparency, sustainability,
and responsible business practices in key areas such as
environmental impact, social responsibility, corporate governance,
stakeholder engagement, and more.
“At H&R Block, our Purpose is to provide help
and inspire confidence in our clients and communities everywhere.
As part of this Purpose, we believe in doing our part to be a
responsible corporate citizen - which has been a part of our
culture and aspirations from the very beginning,” said Jeff Jones,
president, and CEO of H&R Block. “Together, we can continue to
deliver on our Purpose and make a positive impact.”
Notable highlights from the 2024 Annual ESG Report
include:
- On the Environmental front, H&R
Block’s ‘Path to Print Less’ initiative reduced the number of total
pages printed across its retail footprint by 36%. The company also
introduced a new associate-led composting program at its corporate
headquarters’ public cafeteria and sharpened its GHG emissions
inventory by adding additional categories to its Scope 3
calculation.
- Within the Social category, the
company furthered its commitment to easing the financial burdens of
clients, continued to honor co-founders Henry and Richard Bloch’s
legacy of service, and gave back to local communities through
its Make Every Block Better impact platform.
- Spruce1, H&R Block’s mobile
banking platform, is delivering on its mission to help people be
better with money
- Since launch through June 30, 2024,
Spruce had 476K sign ups and is nearing a milestone of $1B in
customer deposits. The company saw positive deposit trends,
indicating Spruce is empowering clients to grow their financial
health, and build financial literacy.
- The launch of H&R Block’s AI Tax
Assist tool in all DIY Online paid SKUs
- The genAI powered experience was
designed to streamline the tax preparation process for clients to
file and manage their taxes confidently. The technology performed
well as feedback indicated that the tool was easy to use, helpful
in the tax prep process, and clients found value in it.
- The inaugural year of ‘Fund Her
Future’, H&R Block’s small business grant program
- H&R Block provided $100K in
funds and services to empower select women-owned
businesses—particularly those focused on making a difference in
their communities—to reach their full potential.
- Supporting Connected Culture and
more in-person engagement through Block Party events
- Centered around bringing local
associates and teams together, H&R Block introduced quarterly
Block Party events at their corporate headquarters in Kansas City.
Attendees had the opportunity to attend several Belonging events,
networking sessions, professional panels, and other various
engagement activities.
- Regarding Governance, H&R Block
strives to maintain a culture of integrity, transparency, and
accountability throughout all levels of the organization. The
company is committed to strong ethical practices, responsible
decision-making, and effective governance structures.
For more information and to read H&R Block’s
FY24 Annual ESG Report, click here.
1 Spruce fintech platform is built by H&R
Block, which is not a bank. Spruce℠ Spending and Savings Accounts
established at, and debit card issued by, Pathward®, N.A., Member
FDIC.
About H&R Block
H&R Block, Inc. (NYSE: HRB) provides help and
inspires confidence in its clients and communities everywhere
through global tax preparation services, financial products, and
small-business solutions. The company blends digital innovation
with human expertise and care as it helps people get the best
outcome at tax time, and be better with money using its mobile
banking app, Spruce. Through Block Advisors and Wave, the company
helps small-business owners thrive with year-round bookkeeping,
payroll, advisory, and payment processing solutions. For more
information, visit H&R Block News.
For Further
Information |
|
Investor Relations: |
Michaella Gallina, (816) 854-3022,
michaella.gallina@hrblock.com |
|
Jordyn Eskijian, (816) 854-5674,
jordyn.eskijian@hrblock.com |
|
|
Media Relations: |
Teri Daley, (816) 854-3787,
teri.daley@hrblock.com |
|
Media Desk,
mediadesk@hrblock.com |
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