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Paypal Holdings

Paypal Holdings

PayPal Holdings, Inc. (PayPal) is a technology platform company that enables digital and mobile payments, transfers and withdrawals on behalf of consumers and merchants across the world. The company allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions.

As an information technology services company principally involved in money transfers between buyers and sellers, PayPal’s business model has been assessed as one with a relatively small environmental impact. This is especially true, when compared to companies that produce tangible products that  require resource intensive manufacturing processes. In terms of data privacy and security, the company has a strong privacy policy that outlines the company’s usage of personal consumer data and its involvement with third parties. Furthermore, PayPal has developed safeguards to protect against data breaches including firewalls, encryption, and 24/7 monitoring of its data security systems. The company also incorporates some human capital management and governance related best practices. For example, PayPal offers employee stock plans and conducts regular employee satisfaction surveys. In addition, the company has an independent audit and compensation committee and a majority independent board.

The company lacks comprehensive reporting across key performance indicators, particularly concerning its environmental strategy and initiatives.



Industry:
Country: United States
Website: https://www.paypal.com/home
Disclaimer:

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.


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