Thunes Earns EcoVadis Bronze for ESG Performance
Event summary
- Thunes received a Bronze Medal from EcoVadis, placing it in the top 35% of assessed companies globally.
- The rating is based on 21 sustainability criteria across four themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
- Thunes has been reporting to EcoVadis since 2022, demonstrating continuous improvement in ESG practices.
- The company operates a Direct Global Network connecting over 7 billion mobile wallets and 15 billion cards across 130 countries.
The big picture
Thunes' EcoVadis Bronze rating underscores the growing importance of ESG compliance in the fintech sector, particularly for cross-border payments. As regulators and consumers demand greater transparency, companies like Thunes are leveraging third-party certifications to validate their operational integrity. The rating also highlights Thunes' strategic focus on financial inclusion, aligning with broader industry trends toward responsible governance and sustainable procurement.
What we're watching
- ESG Execution
- How Thunes will translate its Bronze rating into tangible ESG improvements and whether it can achieve a higher tier in future assessments.
- Competitive Positioning
- Whether Thunes' ESG credentials will differentiate it among global payments providers and attract more partners and customers.
- Regulatory Alignment
- The pace at which Thunes integrates evolving international sustainability standards into its operations.
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