Match Group, Inc.
Climate Impact & Sustainability Data (2021, 2022-07-01 to 2022-09-30, 2023)
Reporting Period: 2021
Environmental Metrics
Social Achievements
- As of December 31, 2021, approximately 59%, 15%, and 26% of our employees reside in the Americas, Europe, and APAC and Other regions, respectively, spanning 23 countries and reflecting various cultures, backgrounds, ages, sexes, gender identities, sexual orientations, and ethnicities.
- Our goal is to create a culture where everybody, from everywhere and with every background, can contribute, grow, and thrive.
Climate Goals & Targets
Environmental Challenges
- Competition for qualified talent has historically been intense, particularly for software engineers and other technical staff.
- Concerns about harms and the use of dating products and social networking platforms for illegal conduct, such as romance scams, promotion of false or inaccurate information, financial fraud, and sex-trafficking, have produced and could continue to produce future legislation or other governmental action.
Mitigation Strategies
- We work to support our goals of diversifying our workforce through recruiting, retention, and people development.
- We have systems and processes in place that aim to monitor and review the appropriateness of the content accessible through our services, and have adopted policies regarding illegal, offensive, or inappropriate use of our services
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022-07-01 to 2022-09-30
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Decreased appetite for services among younger generations.
- Consolidation of legacy brands' platforms potentially impacting user experience.
- Fluctuations in user base due to competition and global conditions.
- Evolving consumer behavior affecting marketing opportunities.
- Increasing app store fees.
- Challenges in managing AI responsibly.
- Foreign currency exchange rate fluctuations.
- Competition for qualified employees.
- System interruptions and vulnerabilities.
- Cyberattacks and data breaches.
- Complex and evolving laws and regulations.
- Credit card payment risks.
- Inappropriate actions by users.
- Global health pandemics.
- Intellectual property risks.
- Risks associated with international operations.
- Risks related to acquisitions.
- Impairment charges related to intangible assets.
- Litigation risks.
- Volatile global economic conditions.
Mitigation Strategies
- Leveraging AI and new technologies to improve services.
- Consolidating legacy platforms to decrease operating costs.
- Optimizing monetization strategies.
- Investing in newer advertising channels.
- Decreasing traditional marketing expenditures, increasing user volume or monetization per user, consolidating back-office and technical functions.
- Implementing responsible AI practices.
- Monitoring and managing foreign currency exposures.
- Competitive compensation and benefits programs.
- Investing in system security and infrastructure.
- Implementing cybersecurity controls and incident response plans.
- Monitoring and complying with laws and regulations.
- Implementing measures to prevent fraud.
- Monitoring and addressing inappropriate user actions.
- Developing contingency plans for pandemics.
- Protecting intellectual property rights.
- Managing risks associated with international operations.
- Careful evaluation and integration of acquired businesses.
- Regular assessment of goodwill and intangible assets for impairment.
- Vigorous defense of litigation claims.
- Monitoring macroeconomic conditions.