Global Payments Inc.
GPN.US | Other activities auxiliary to financial service activities
Global Payments Inc. is a leading worldwide provider of payment technology and software solutions. The company delivers innovative services that enable its customers to accept various payment types across multiple channels, including in-store, online, and mobile. Global Payments offers a comprehensi...Show More
Better Health for All
0
Global Payments' core business of payment technology and software solutions has no significant direct positive or negative health impact. This is reinforced by the company's divestment of its medical software unit, AdvancedMD, in October 2024, as part of a strategy to focus on core business areas
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. The company provides financial health benefits to its employees, including digital payroll solutions and budgeting tools, which indirectly support overall well-being
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. Additionally, Global Payments donated $250,000 to the United for Racial Equity and Healing Fund, which aims to reduce racial inequities affecting well-being, including health
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. Environmental sustainability efforts, such as committing to net zero GHG emissions prior to 2040, are noted in its 2023 Global Responsibility Report but fall outside the scope of this value assessment
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.
Fair Money & Economic Opportunity
0
No specific, quantifiable evidence was found in the provided articles to assess Global Payments Inc. against the defined KPIs for Fair Money & Economic Opportunity. While the company offers some financial solutions to consumers, including the underbanked
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, and engages in community support and financial literacy initiatives for students and employees
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, the articles do not provide the specific percentages, ratios, or comparative data required by the rubric's quantitative thresholds for any KPI.
Fair Pay & Worker Respect
-20
In 2024, Global Payments Inc. settled a lawsuit with over 100 remote customer service workers who were underpaid for time spent logging into computer systems daily.
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The company's subsidiary, Global Payments Process Centre Inc., was certified as one of the Best Places to Work in the Philippines in 2024.
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Global Payments offers financial health benefits to hourly workers, including digitized payroll, earned wage access, budgeting tools, and savings accounts.
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The 2023 Proxy Statement highlights health, safety, and wellness programs, and approximately 30% of the executive team are women.
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The company's 2023 Global Responsibility Report notes reduced attrition rates and commitments to ethical practices, including eradicating slavery and forced labor from its business and supply chains.
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Fair Trade & Ethical Sourcing
0
No evidence available to assess Global Payments Inc on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-30
Global Payments Inc. has established and enforces policies and procedures to ensure compliance with the U.S. Foreign Corrupt Practices Act (FCPA) and the U.K. Bribery Act
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. The company also has an Enterprise Risk Management (ERM) program with a Management Risk Committee to assess and mitigate enterprise-wide risks
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. The board's Technology Committee oversees the Information Security Program, receiving quarterly reports from the Chief Information Security Officer (CISO) on cyber-risk and security initiatives
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. Additionally, the company maintains a Conflict Minerals Policy, conducting reasonable country of origin inquiries to ensure ethical sourcing
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.
Kind to Animals
0
Global Payments Inc. operates as a payment technology and software solutions provider.
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Its core business model does not involve activities that directly impact animal welfare, such as product manufacturing requiring cruelty-free certification, animal testing, animal-related operations, or sourcing of animal-derived ingredients.
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The company's ethical supply chain practices, including a Vendor Risk Management Program, focus on broader ethical standards, but specific animal welfare policies or direct involvement in animal welfare are not identified.
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Therefore, all KPIs related to direct animal welfare are not applicable to the company's operations.
No War, No Weapons
-10
Global Payments Inc. operates in the financial technology sector, providing payment technology and software solutions.
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The company has no direct involvement in arms manufacturing, military contracts, or defense-related activities, and its business model inherently supports peaceful commerce.
2
SIPRI's 2023 report does not list Global Payments Inc. among global arms producers, confirming its zero exposure to the arms industry.
3
The company's 2023 Annual Report confirmed compliance with financial recordkeeping and money laundering statutes, with no sanctions or proceedings pending against it.
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As the company has no defense assets, there is no need for divestment.
Planet-Friendly Business
-50
Global Payments Inc. has committed to achieving net zero greenhouse gas emissions by 2040.
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The company reports that 37% of its operational energy consumption is from renewable sources
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and 27% of its total building square footage is in certified green buildings.
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It has disclosed Scope 3 GHG emissions across 11 categories
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and follows TCFD, SASB, and CDP frameworks for sustainability reporting.
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Initiatives include closing nine offices and consolidating locations
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, investing in energy-efficient data centers which resulted in a 19% reduction in energy consumption
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, and promoting digital payment options that cut paper transactions by 22%, saving 47,300 metric tons of CO2 equivalent.
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Respect for Cultures & Communities
0
Global Payments Inc. focuses on internal cultural diversity through its People, Access, and Belonging initiative and Employee Resource Groups
1
. However, the company does not have publicly available initiatives specifically targeting external cultural preservation or indigenous rights
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, and no other specific data points related to external community engagement, cultural impact, or local investment are provided in the available evidence.
Safe & Smart Tech
-40
Global Payments Inc. has not reported any major data breaches in recent years, with the last significant incident occurring in 2012.
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Its information security program is structured around the NIST Cybersecurity Framework and complies with the PCI-DSS standard.
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In 2022, the company underwent 32 audits against the SSAE 18 standard.
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The company emphasizes responsible and ethical AI practices, committing to ethical considerations in AI deployments.
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However, challenges remain in addressing AI bias and ensuring full transparency in data usage, indicating limitations in AI audit practices, algorithmic transparency, and algorithmic harm remediation. A security assessment also revealed that 18% of employees reused breached passwords, highlighting high exposure risks and issues with authentication security and the effectiveness of security training.
5
Zero Waste & Sustainable Products
-40
Global Payments Inc. implements waste management initiatives
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and promotes digital payment solutions
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, including digital wallets, QR codes, and electronic invoicing, to reduce reliance on physical resources like paper and plastics
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.