ESG Materiality Assessment & Data Index
Flywire conducted our first ESG materiality assessment to identify, prioritize and refine the ESG topics that are most important to our internal and external stakeholders. As part of our key stakeholder engagement strategy, we conducted interviews with our customers, partners, investors, and other third parties - as well as with Board Members and FlyMates - to better understand the ESG topics they deem most important to Flywire’s business. We referenced frameworks and standards from the Sustainable Accounting Standards Board (SASB) as well as the Global Reporting Initiative (GRI) to help inform the assessment. This feedback culminated in the results of this assessment, and continues to help guide the activities that our internal ESG task force is progressing. Flywire will continue to review our list of material ESG topics every year, and will incorporate the results into our ESG program.
Materiality Matrix
Sustainability Accounting Standards Board (SASB)
Flywire is committed to communicating financially-material sustainability information to investors and other stakeholders. The index below maps our current disclosures for key relevant ESG topics from SASB’s Software & IT Services industry standards. Unless otherwise specified, the data and descriptions are current as of year-end 2021. We will continue to evolve our disclosure in future reports.
GRI Index
The Global Reporting Initiative (GRI) Standards represent a wide range of standard ESG disclosures to help companies report on their impacts. In this first report, we completed an initial mapping to the relevant GRI Standards disclosures based on our ESG priorities, which were determined by a materiality assessment. We will continue to evaluate and improve upon our disclosures in future reports.
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