Equifax Volunteers: Driving Financial Inclusion

July 19, 2024

Purpose is the sense that we are part of something bigger than ourselves, that we are working towards a better place for others. At Equifax, our Purpose is to help people live their financial best—and every day our global employees put that Purpose into action.

Equifax is committed to helping people build financial capability. We understand that poverty, lack of generational wealth, and limited access to mainstream financial services can adversely affect a person for their entire lifetime, as well as the lives of future generations. Establishing individual financial health and generational wealth can change the trajectory and livelihood of families and entire communities.

Our Purpose is embodied in this commitment, and carried out through community engagement efforts. Equifax differentiated data assets, Cloud-based technology, EFX.AI, and analytic insights position us to support individuals and organizations that provide tools to help build and manage credit and develop overall financial capability. When paired with engaged employee volunteers, we are able to drive progress by helping people better understand how to manage their financial resources.

 

Engaging in the Community

Prosperity Connection is an important partner of the Equifax Foundation. They provide valuable resources and coaching to help their clients build confidence, knowledge, and skills to enhance their financial well-being.

The skilled, experienced staff and volunteers at Prosperity Connection — including Equifax employees — serve as financial educators, teachers and coaches. They deliver one-on-one financial coaching, personal finance classes and credit report reviews, teaching people how to improve their credit and increase their financial opportunities with life-long habits and knowledge.

Equifax employees in the U.S. and Canada receive up to 16 hours of paid volunteer time annually. That flexibility allows our team members to support organizations and causes that are personally meaningful.

Through Equifax Gives, our matching gift program, we match employee donations to eligible 501c3 nonprofit organizations dollar-for-dollar, up to $10,000 annually per employee. Since 2018, the Equifax Gives program has matched $4.4 million in employee gifts and provided a total of $8.8 million to 800+ organizations—including $1.1 million matched employee charitable donations in 2023.

 

Meaningful Engagement

We also work to educate the next generation of credit users. For example, our Atlanta-based employees have been actively engaged in volunteerism with the Junior Achievement of Georgia (JA) Discovery Center for over 10 years — providing students with critical financial education and an immersive experience. In New Zealand, we’ve partnered with Banqer since 2017 and have helped educate over 245,000 Kiwi kids about credit scores. And Equifax UK partnered with Speakers for Schools to design and deliver a pilot education outreach program for teenagers.

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Equifax volunteer day at Junior Achievement of Georgia.
 

Our employees strive to support and positively impact our communities through our unique resources, Foundation grants and volunteer efforts. The work of our nearly 15,000 employees around the world underscores our commitment to driving greater financial inclusion and to providing tools and resources that help move people and businesses forward.

We believe that everyone should have access to affordable financial products and services that meet their needs. Every day, we work to make more economic opportunities possible. Check out the other ways we’re putting our Purpose into action at equifax.com/financialinclusion.