Newsweek places Bread Financial in America's Most Responsible Companies 2023 list
Bread Financial has been named to Newsweek's America's Most Responsible Companies 2023 list because it is driven by purpose and has a history of operating ethically and sustainably. Bread Financial debuted at #369 overall and #28 in the financial category, among 500 of the largest publicly traded companies in the United States. More than 2,000 publicly traded companies in the United States were evaluated based on their prioritization of environmental, social, and governance (ESG) practices and commitment to corporate responsibility.
“This recognition represents our principled approach to growing both profitably and responsibly, and in operating in the long-term interests of our valued stakeholders,” said Ralph Andretta, Bread Financial’s CEO and president.
“We are redefining what a financial services provider can and should be in an increasingly complex society with evolving stakeholder expectations. It is an honor to receive this third-party validation of our sound operating practices, which reflect our 6,000+ global associates’ commitment to living our values and advancing our purpose-driven brand.”
In 2021, management developed and approved a fully revised ESG strategy, which included notable enhancements such as a more comprehensive framework for ESG objectives under the following pillars: Governance, Customers, Associates, Environment, and Communities.
“At Bread Financial operating responsibly is a business imperative embedded in our culture and operations, with clear accountability from senior leadership,” said Dana Beckman, head of sustainability at Bread Financial, said. “Advancing our ESG strategy, policies, protocols and practices has been a deliberate and integrated part of our overall business transformation, and I am proud of this prestigious recognition.”
“Advancing our ESG strategy, policies, protocols and practices has been a deliberate and integrated part of our overall business transformation, and I am proud of this prestigious recognition,” said Dana Beckman - Head of Sustainability, Bread Financial
In partnership with Statista, Newsweek’s list is based on a holistic view of corporate responsibility that considers all three pillars of ESG. To determine the ranking, the top 2,000 U.S. public companies by revenue, as well as bank and insurance companies with 50+ billion in assets, were evaluated using both quantitative data, based on more than 30 KPIs, and a Corporate Social Responsibility (CSR) reputation survey of U.S. residents. In total, 500 companies were identified as one of “America’s Most Responsible Companies.”
To know more about Bread Financial’s ESG strategy, do click here.
“This recognition represents our principled approach to growing both profitably and responsibly, and in operating in the long-term interests of our valued stakeholders,” said Ralph Andretta, Bread Financial’s CEO and president.
“We are redefining what a financial services provider can and should be in an increasingly complex society with evolving stakeholder expectations. It is an honor to receive this third-party validation of our sound operating practices, which reflect our 6,000+ global associates’ commitment to living our values and advancing our purpose-driven brand.”
In 2021, management developed and approved a fully revised ESG strategy, which included notable enhancements such as a more comprehensive framework for ESG objectives under the following pillars: Governance, Customers, Associates, Environment, and Communities.
“At Bread Financial operating responsibly is a business imperative embedded in our culture and operations, with clear accountability from senior leadership,” said Dana Beckman, head of sustainability at Bread Financial, said. “Advancing our ESG strategy, policies, protocols and practices has been a deliberate and integrated part of our overall business transformation, and I am proud of this prestigious recognition.”
“Advancing our ESG strategy, policies, protocols and practices has been a deliberate and integrated part of our overall business transformation, and I am proud of this prestigious recognition,” said Dana Beckman - Head of Sustainability, Bread Financial
In partnership with Statista, Newsweek’s list is based on a holistic view of corporate responsibility that considers all three pillars of ESG. To determine the ranking, the top 2,000 U.S. public companies by revenue, as well as bank and insurance companies with 50+ billion in assets, were evaluated using both quantitative data, based on more than 30 KPIs, and a Corporate Social Responsibility (CSR) reputation survey of U.S. residents. In total, 500 companies were identified as one of “America’s Most Responsible Companies.”
To know more about Bread Financial’s ESG strategy, do click here.
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