On a mission to make a difference: Finder launches first Impact Report
Finder, Australia's most visited comparison platform and global fintech, has launched its inaugural Impact Report outlining key areas where it can effect positive change: particularly financial literacy and sustainability.
Finder research shows that a third (32%) of Australians could only live off their savings for 3 weeks or less if they lost their job. This is a heartbreaking statistic that Finder hopes to improve by providing Australians with the tools and resources they need to change their financial situation for the better.
The report shows that over 15 million actions have been taken through the Finder platform this financial year – ranging from switching to a better home loan rate to finding a cheaper mobile phone plan. Millions more have benefited from the freely available educational content on the site as well as tools like the credit score checker that 96,000 people have used in 2022.
Another highlight for the year was the live masterclasses curated by Finder that sought to make financial literacy content more accessible. This approach included partnerships with organisations like the First Nations Foundation to take these key masterclasses to new audiences.
Frank Restuccia, Founder and CEO of Finder, said that today Finder exists to help people make decisions that change their lives for the better.
"We strive to deliver a positive impact. Whether that's helping our customers to save or make money, or teaching them something insightful or new via our content and tools, we know that we have a role to play in educating our users and the broader community."
Sustainability is also a key focus for the organisation – this year Finder offset 100% of the company's emissions for the first time with carbon credits carefully selected by Trace. This included offsets from Australia like the Coorong Lakes Biodiversity project as well as 6,458 trees being planted in Finder's name.
Finder also grew its Green Awards program in 2022 to cover 21 categories, with new additions including beauty and cleaning categories.
"There's an enormous opportunity for digital platforms like ours to help address societal and global issues," Restuccia said.
"We know that the biggest impact we can have on climate change is by influencing the decisions made on our platform – particularly in high emission sectors like energy, investments and banking. That's why we have launched initiatives to integrate sustainability thinking into every part of our platform."
Finder's Corporate Social Responsibility team was formed in 2019 with the goal of maximising the positive impact the company can have on society – with financial wellbeing at the centre.
View and download Finder's Impact Report here.