The report highlights Square's efforts toward building a more inclusive and sustainable foundation in pursuit of its purpose of economic empowerment. Square committed to being net zero carbon for operations by 2030, investing $100 million in minority and underserved communities, and launching the Bitcoin Clean Energy Investment Initiative. The report details Square's climate action, social impact, employee culture, and corporate governance practices. Notably, Square facilitated over $850 million in PPP loans for small businesses and launched Cash Card with Cash Boost, a free, instant rewards program. Square also made significant progress in building diverse and inclusive teams through initiatives like RISE and by expanding benefits to include caregiving leave, fertility benefits, and LGBTQ+ coverage.
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Block Inc 2020 CSR Report
Issuing Company Block Inc.
Report Type Sustainability Report
Report Language EN
Report Filesize 33.99 MB
No. of Pages 52 pages
Reporting period2019-2020
Report Edition2
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue