Experian ESG Presentation Deck slide image

Experian ESG Presentation Deck

Executive Summary Improving Financial Health Social - Improving Financial Health Data ▬ Employees Supply Chain 1 through Core products Improve credit visibility Experian Go launched in the USA in FY23, enabling 'credit invisibles' to establish their financial identity in minutes. For those people who have since become scoreable, the average starting FICO® Score 8 is a near-prime 686. 19 The Buy Now Pay Later Bureau we're developing will help more US consumers with no or thin credit files gain access to fair, affordable financial services. This speciality bureau will give lenders a more complete view of people's repayment behaviours to drive responsible and inclusive lending, while protecting consumer credit scores from negative impact. Understand and manage finances Worldwide, 134 million people use our free online services - such as CreditExpert in the UK, Credit Tracker in the USA and Serasa Free Score in Brazil - to access products and services that can help them understand and manage their credit profiles. experian We use our data and analytics expertise to offer a wide range of core products and services that promote financial wellbeing. We provide guidance on how to manage financial profiles through our websites and social media channels, such as AskExperian, #CreditChat and Experian News. #CreditChat reached five million people this year, with over 100,000 active engagements across 57,000 posts. O Experian Public Environment Governance Policies & Data tables Appendix 1. FY22 data unless specified TM Boost credit scores Experian Boost empowers UK and US consumers to instantly boost their scores by adding positive data - such as on-time payments for utility bills or streaming services - directly to their credit profile. Millions of people have used Experian Boost since it launched in 2019 in the USA and 2020 in the UK, with 72 million points added to Experian members' credit scores in America so far. Boosted customers are getting market-leading offers on credit cards and loans from major lenders. Get Fairer, faster offers Work Report enables people to share information on their income, employment and tenure with lenders in seconds through a single digital exchange. Early tests show a 10% increase in acceptance rates without any compromise to affordability assessments or credit performance. Our credit risk, affordability and compliance services are helping Keebo, a challenger credit card provider in the UK, draw on alternative data sources such as open banking to offer freelancers and other 'credit invisibles' access to credit in a matter of minutes via Keebo's app.
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