Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• MoneyHero Group's digital-first approach minimizes environmental impact by reducing the need for physical infrastructure and promoting paperless transactions.
• The use of advanced technology reduces the carbon footprint associated with traditional banking and financial services.

Social Achievements

• MoneyHero Group contributes to financial education and literacy, empowering consumers with the knowledge to make informed financial decisions and enhancing financial inclusion.
• The company boasts a diverse workforce, with a gender distribution of 237 females to 184 males and a broad representation of nationalities, enhancing cultural inclusivity.
• MoneyHero Group’s commitment to social responsibility is reflected in its efforts to provide educational content and tools, significantly improving user financial wellbeing.

Governance Achievements

• MoneyHero Group maintains strong governance with a robust internal legal team and strategic finance team, ensuring compliance with multiple regional regulations.
• The company has structured regulatory infrastructure that supports its expansive operations across diverse financial markets.

Climate Goals & Targets

Environmental Challenges

• High dependency on commercial partnerships.
• Competitive market with low barriers to entry.
• Regulatory changes across multiple jurisdictions.
• Economic downturns affecting consumer financial behavior.
• Rapid technological changes and potential cybersecurity threats.
• Ineffective marketing strategies, poor user experiences, or superior offerings by competitors.
• Integration risks associated with acquisitions and strategic partnerships.
• Regional instabilities and economic sanctions.
• Fluctuations in exchange rates.
• Inadequate execution of new strategies, inability to adapt to market changes, or turnover in key leadership positions.

Mitigation Strategies

• Strengthening existing partnerships and forming new alliances with financial institutions and content creators through platforms like Creatory.
• Investments in sectors like insurance, data infrastructure, and SEO strategies.
• Keeping pace with technological advancements and maintaining robust cybersecurity measures.
• Continual optimization of cost-effective channels and tailored content and product suggestions.
• Prioritizing acquisition of cutting-edge technology solutions over in-house development.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Financial Education Champion award for MoneyHero in Hong Kong
• Marketing Excellence Award for Moneymax in the Philippines

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched RSU plan extending equity ownership to over 90% of employees.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Fluctuations in provider campaigns in Singapore impacting revenue.
• Absence of campaigns from certain providers in Taiwan and Philippines impacting revenue per application.

Mitigation Strategies

• Diversified partnerships and expanding product portfolio mitigating Singapore challenges.
• Expanding partnerships with other key providers and broadening product offerings to mitigate Taiwan and Philippines challenges.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed