We’ve established four important pillars of focus to ensure our business priorities always keep people, product and the planet top of mind.
We handle the data of 1.3 billion people and 166 million businesses worldwide, so it’s essential to our business that we maintain their trust. Ensuring that we collect, store and manage data safely and responsibly is fundamental to our success.
Through pioneering services like Experian Boost™, our first-of-its-kind tool that allows consumers to instantly increase their credit scores by getting credit for paying bills on time, millions of consumers have boosted their credit scores to the tune of over 86 million total points. Improved scores and savings on lower interest rates means more consumers have a chance to reach their financial goals, like gaining access to credit for a home.
We continuously cultivate innovation through a range of programs and initiatives, including our quarterly global hackathons. These collaborations bring together people from all areas of the company to solve challenges our business, clients and consumers face in the rapidly changing world. With thousands of participants each quarter, our hackathons are a great space for networking and professional development, with many of the concepts turning into funded projects.
Our annual Social Innovation program provides seed funding for solutions designed to offer societal benefits and bring new products to market within 12 to 18 months. Since its inception in 2013, the program has invested over $8 million in approximately 30 global projects, spurring the development of at least five products that have a positive social impact on consumers’ financial health.