Improving Financial Health

We are putting financial health at the heart of our strategy to create a better tomorrow for consumers, our clients, our people and communities. This is where we can make the biggest difference, using our people, products and profits to deliver positive societal impact and contribute to business growth.


Improving Financial Health targets; Reach 100m people with Social Innovation products by 2025; Reach 100m people with United for Financial Health by 2024


Why Financial Health matters

Financial health plays a critical role in enabling access to credit. And access to credit opens the door to opportunities for people to transform their lives – from homes and healthcare to education and entrepreneurship.

Without it, millions of people are missing out. More than a billion people in Asia Pacific lack access to formal financial services, 45 million in the USA have thin or no credit profiles, 45 million in Brazil are unbanked and over five million in the UK have no credit history.

That’s why the United Nations includes access to financial services, including credit and microfinance, among its Sustainable Development Goals


Our role – improving financial lives

This is at the heart of our purpose to create a better tomorrow for consumers, our clients, our people and communities. This is where we’re best placed to help, and where we can achieve a meaningful difference through our people, products and profits to deliver positive societal impact while contributing to business growth. It’s naturally one of our strategic business focus areas – to empower consumers to improve their financial lives, gain access to credit, safeguard their identity, save money, negotiate debt and improve their financial knowledge.

As the world’s largest credit bureau, Experian has a vital role to play in providing lenders with the information they need to offer more loans at fairer rates. Extending access to credit helps to drive social and economic development by enabling businesses to grow and families to pay for the essentials they need to transform their lives.

We’re also enabling people to take control of their financial lives by helping them understand, manage and improve their financial situation – and to protect themselves and their data. In doing so, we’re supporting the financial health of individuals, businesses and economies – and of our own business as we open the door to millions of potential new customers for us and our clients.


How we Help

We’re helping people improve their financial lives through our core business, our Social Innovation programme and our community investment.

 


UN Sustainable Development Goals

Given our sustainable business strategic priority of Improving Financial Health for all, we have identified three of the SDGs where we can make a meaningful contribution:

  • These SDG targets are related to improving access to credit, microfinance and financial services, and we contribute to these via our core products, social innovation, and community investment
  • Target: Reach 100m people through social innovation products by 2025
  • Target: Reach 100m people through United for Financial Health by 2024