Nelnet
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Diversity, Equity, and Inclusion
- Community Investment
- Environmental Sustainability
- Governance
- Ethical Conduct
Environmental Achievements
- Implementation of recycling programs and paperless statements
- Investments in renewable energy projects
Social Achievements
- Better Together program (including Mentorship Program, Associate Resource Groups, and Empower Hour)
- Commitment to supplier diversity
- Community Reinvestment Act compliance
- Comprehensive benefits and wellness program for employees
Governance Achievements
- Establishment of a Code of Ethics and Conduct
- Implementation of a Compliance Management System
- Anonymous Incident Reporting system for ethical concerns
- Third-Party Risk Management Policy
- Robust Tuition Assistance Program
Climate Goals & Targets
Environmental Challenges
- Managing risks associated with unexpected events (pandemics, weather, technology disruptions)
- Maintaining compliance with laws and regulations
- Ensuring ethical conduct across all business operations
- Protecting personal information
Mitigation Strategies
- Business Continuity Management program
- Ongoing training and communication on laws, regulations, and policies
- Code of Ethics and Conduct with reporting mechanisms
- Information Governance Policy and Records Retention Schedule
- Corporate Security Policy and business security standards
Supply Chain Management
Responsible Procurement
- Commitment to partnering with diverse organizations