UnaFinancial ESG Digest - June 2024

Welcome to the newest edition of the UnaFinancial ESG Digest! We’re thrilled to share our recent progress and initiatives in the Environmental, Social, and Governance areas for the month of June.

S - Social?

Independence Day Special

To commemorate the Philippines' 126th Independence Day in both a meaningful and engaging way, our employees took part in a TikTok challenge. Participants showcased their creativity in explaining their reasons why they were incredibly proud to be Filipino. Winners were determined based on the number of likes and were provided with cash rewards.

Share with each other!

Our business in Kazakhstan has launched a program to train employees for internal 30-minute meetups, within which they can share their experience and expertise - professional skills, overview of the department’s work, soft skills, etc.

Father's Day Special

Our employees in the Philppines celebrated Father's Day, an occasion dedicated to expressing gratitude and appreciation for the hard work, sacrifices, and guidance that fathers provide for their children and families.

The employees wrote heartfelt messages of gratitude to their father figures of all types and collect them all on a makeshift white board around the common area.

Employees who are fathers (and single mothers) were given a bespoke cardholder as a token of appreciation.

G - Governance

Reducing credit risks in the Philippines

In search of sources for a new generation of anti-fraud models, our risk team conducted an experiment with a third-party service, thanks to which it was possible to identify new stop factors and filters, taking a fresh look at the existing data and enriching the models.

The identified additional stop factors and rules will allow us to filter out primary applications with a high risk of fraud with good accuracy, and a number of attributes used in scoring will allow us to configure additional risk rules and filters.

A number of complex markers and variables were also developed that enriched the anti-fraud model for our services in the Philippines and made it possible to reduce the level of risk in the portfolio of early recurrent loans by several percentage points.

That wraps up our review of the sustainable initiatives in June. Stay tuned for more updates and developments!