Creditinfo designated “High Overall Maturity Score” ESG rating by Anthesis

At Creditinfo, we recognize the importance of sustainable business practices. Our commitment to this is reflected in our sustainability policy, which outlines our sustainability focus areas and how we wish to engage them.
 
To better understand where we‘re at and how we can get closer to achieving these goals, we‘ve worked with Sustainability Consultancy Service, Anthesis, on our ESG Maturity Assessment. We‘re proud to announce that we‘ve achieved a High Overall Maturity Score – the most advanced maturity rating that Anthesis designates.
 
As a leading provider of credit information and risk management solutions operating in more than 30 countries, we are committed to improving access to finance for individuals and businesses and want to promote sustainable practices in everything we do. It‘s great to see that our hard work is paying off, and we will continue to make improvements to improve our ESG performance.“ says Paul Randall, CEO of Creditinfo Group.
For more information on our sustainability policy visit –  https://creditinfo.com/about-us/sustainability/

Creditinfo Lithuania included immunization levels into its list of corporate indicators  

After the Department of Statistics launched publication of immunization levels in specific companies, credit office Creditinfo Lithuania immediately included this indicator into its corporate reports. From now on, clients ordering detailed information about a selected company will be able to see the proportion of immunized staff.

“The inclusion of immunization indicator into corporate reports will facilitate a better risk analysis of potential disruptions of activities due to staff illnesses which will help a business partner, or a client make further business decisions”, Aurimas Kačinskas, CEO of Creditinfo Lithuania said.

The first ever publication of immunization levels has demonstrated that, e.g., the largest share of immunized staff (80%) work for the IT sector, and the least immunized staff (as little as 27%) work for transportation companies. In comparison, as many as 80% of Creditinfo Lithuania staff have already been vaccinated.

Moreover, the official information published by the Department of Statistics will soon enable comparison of the share of immunized staff in one enterprise with counterpart organizations in the same business sector. To this end, an additional indicator is published as well – the so-called percentile. For instance, if an enterprise’s percentile is 100, it means that it is among one percent of companies with the highest immunization level. The lower the percentile, the fewer employees have immunity, i.e., have been vaccinated with at least one doze or have recovered from the coronavirus.

According to the Department of Statistics, for the purpose of confidentiality the percentage of immunization is indicated only for those workplaces with over 10 members of staff.

“We believe that monitoring these indicators contributes to the national fight against the Covid-19 pandemic, encouraging companies to take a more proactive approach with regard to staff vaccination”, A. Kačinskas said adding that “we always try to include new indicators into our reports in a timely manner so that our clients could benefit from exhaustive information about other companies”.

As of last May, Creditinfo Lithuania included into the list of monitored indicators information about average gender pay, and soon is planning to introduce yet another one – the sustainability indicator.

Creditinfo Lithuania ISO27001 certified

Creditinfo Lietuva collects, stores and analyses information about the creditworthiness of businesses and individuals, assesses their credit history and assigns appropriate credit ratings. To meet the highest data security standards, the bureau introduced an ISO certified information security management system in 2014.

The system complies with the requirements of ISO/IEC 27001:2013 and is constantly reviewed, revised and subject to annual audits. On 26 April 2021, “Creditinfo Lietuva” successfully passed the periodical annual audit performed by “Bureau Veritas”.

The audit assessed the entire organization against 22 compliance criteria, including the competence and data security awareness of leadership and staff, information security management, business management procedures, sharing of responsibilities, management of documents, planning and control, activity monitoring and analysis, internal audit procedures, ability to swiftly resolve issues, continuous improvement, etc.

The audit also assessed the competence of employees of all levels, security of the information systems, IT and support, compliance of the information analysis and sales departments with the ISO requirements. The physical security and business policies of Creditinfo Lietuva were addressed by the audit as well.

The 2021 audit concluded that the information security management system of Creditinfo Lietuva meets the highest standards and can be considered a good practice. Data security in the company is given the highest priority, internal and external risks are constantly monitored and analyzed, and the company is prepared to address the risks in a professional manner.

When challenge meets opportunity: Meet Ruby, a Creditinfo success story

The true spirit of an entrepreneur comes down to passion and determination. At Creditinfo, we meet entrepreneurs every day, and it’s our goal to support these budding business men and women with the appropriate tools, knowledge and access to finance.

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How to use your credit score to negotiate better terms with your financial institution

Last week, a leading TV station in Kenya – Citizen TV did a story on Digital Lending Apps and their impact in Kenya. There has been a sharp rise in the number of mobile lending apps in the country and the worry is about how people are accumulating debt and borrowing from the various apps simultaneously and defaulting therefore affecting their credit score.

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From Unemployed to Financially Empowered: Meet Dorah, Creditinfo Success Story

So many great stories on financial inclusion across the globe are left untold. So rewarding to be able to share with you at least some of those, where Creditinfo can contribute and make a difference. Watch the story of Dorah.

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What do our latest interns think of Creditinfo?

Creditinfo regularly host interns at many of their offices worldwide.  Recently, 3 interns worked for Creditinfo Malta and Creditinfo International.  Find out how they found their experience working for Creditinfo and in a foreign country.

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One person can make a difference. Working together we make lasting changes.

Creditinfo working with SOS Children’s Village Lithuania

SOS-Logo-Int-pos-en”Creditinfo take seriously what is today often called corporate social responsibility, or what others may call karma. Simply put, we believe, ’what you sow, is what you reap’. Creditinfo want to make a difference in the world, so we participate in a number of initiatives that benefit society, particularly those impacting on the communities within which we operate,” advised Mr. Reynir Grétarsson, CEO and owner of Creditinfo Group hf. Continue reading »

Creditinfo – working towards a better education in Afghanistan

Creditinfo has repeatedly donated to Waresa-e-Faqeer, a primary school for both girls and boys in the Kama District, Nangarhar Province of Afghanistan being operated by DARMAN (Development And Relief of Medical for Afghan Nation).  DARMAN also runs a much needed clinic for the poor in an outskirt of Kabul.

3DARMAN aims to develop the people of Afghanistan through culturally appropriate projects aimed at improving health, education, skills, and living conditions. The organisation was established the same year Creditinfo was established,  in 1997, in Pakistan by a group of medical professionals, engineers, educational specialists, and university professors. At that time, the majority of its members were refugees from Afghanistan.  They returned to their homeland in May 2002 with a desire to serve their fellow countrymen.  DARMAN is a registered Afghan NGO, a non-governmental organisation with  its central office  currently located in Karte Nao, in Kabul Province, Afghanistan. Continue reading »