Flywire’s commitment to ESG has always been a core tenet of our business strategy. From leveraging software to bridge the access and affordability gap in education and healthcare, to fostering a diverse, equitable and inclusive workforce that spans 14 global offices and more than 40 nationalities, we continue to commit to the ideal that being a force for good can be inextricably linked to generating growth and short-and long-term value.
Mike Massaro, CEO, Flywire
Flywire is a global organization of more than 950 FlyMates around the world representing approximately 40 nationalities and 35 spoken languages. We support more than 3,000 clients and millions of payers with digital payment options that optimize how they live and work. As a result, the principles of Environmental, Social and Governance (ESG) are inherent to how we operate, both internally and externally.
We also recognize that ESG factors have a material impact on our business and stakeholders, and we continue to deepen our commitment to the many areas most relevant to Flywire and our community.
Our inaugural ESG report provides baseline ESG metrics and details our ongoing commitments to environmental, social and governance initiatives.
In this report, we provide more detail on business attributes, programs and commitments that are shaping our approach to ESG, including:
Affordability and accessibility
Flywire’s payments technology and software enables payers to set up payment plans, helping to make high-value transactions like medical bills and education expenses more accessible and affordable.
Diversity, equity and inclusion
Flywire employees represent 40 nationalities and more than 35 spoken languages. Our Employee Resource Groups, including Flywire Pride, FlyBlack, Women of Flywire and Flywire Globals, are devoted to promoting our DE&I mission.
Career development and training
So far in 2022, FlyMates have spent more than 2,900 hours on company-sponsors career development and training programs. These initiatives are available to all FlyMates, including part-time and contract employees.
Social impact and community engagement
A cornerstone of Flywire’s social impact and community engagement efforts is the Flywire Charitable Foundation, which has tripled in size since its inception in 2020.
Data privacy, security and compliance
Flywire’s dedicated compliance and risk management function, overseen by our Compliance Officer and Chief Information Security Officer with Board-level oversight, has been built over more than a decade, providing payers and clients confidence in our solutions.
Governance and ethics
Flywire is committed to ethical and compliant business practices and good corporate governance for the long-term success of our company and stakeholders.
Flywire conducted our first greenhouse gas audit, with a vision to reduce our carbon-intensive activities and improve overall energy efficiencies.