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Block Inc | NYSE:SQ | NYSE | Common Stock |
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Square, Inc. (NYSE: SQ) today published its 2020 Corporate Social Responsibility (CSR) Report to provide an update on the progress of its efforts to operate a responsible and sustainable business while fostering an inclusive environment for its employees, customers, communities, and shareholders over the last year.
“Despite the unprecedented challenges 2020 brought, we were able to make meaningful advances across Square’s environmental, social, and governance initiatives,” said Neil Jorgensen, Global Environmental, Social, and Governance Lead at Square. “Our CSR Report reflects how our business evolved to meet the times, and we will continue to adapt as we strive to build a more inclusive and sustainable foundation in pursuit of our purpose of economic empowerment.”
In 2020, Square maintained its focus on bolstering its four key priority areas: Climate Action, Social Impact, Employees and Culture, and Corporate Governance. Among its key commitments are plans to be net zero carbon for operations by 2030, a $100 million investment in minority and underserved communities, and the launch of the Bitcoin Clean Energy Investment Initiative.
Additional highlights from Square’s 2020 CSR Report include:
The full 2020 CSR Report can be found on Square’s Investor Relations website at investors.squareup.com.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding plans of becoming operationally net zero carbon, hiring goals and investment pledges and commitments.
Risks that contribute to the uncertain nature of the forward-looking statements include, among others, risks and uncertainties relating to Square, Inc. (the Company) listed or described from time to time in the Company’s filings with the Securities and Exchange Commission (the SEC), including the Company’s most recent Annual Report on Form 10-K, which is on file with the SEC. All forward-looking statements are based on information and estimates available to the Company at the time of this press release. Except as required by law, the Company assumes no obligation to update any of the statements in this press release.
About Square, Inc.
Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. And individuals use Cash App to spend, send, store, and invest money. Square has offices in the United States, Canada, Japan, Australia, Ireland, Spain, and the UK.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210309005918/en/
Media Contact: press@squareup.com
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