Darrell Esch, Vice President of Global Credit, PayPal
For more than 20 years, PayPal has been helping small business owners achieve their dreams. In the beginning, we provided marketplace sellers with a secure way to accept electronic payments from buyers. In 2013, we started pursuing another path: providing our small business owners with much needed access to capital in order to grow. So, in response, we launched PayPal Working Capital as a way to bring our merchants the financing they so desperately needed.
PayPal has been recognized on JUST Capital’s Top 100 U.S. Companies Supporting Healthy Communities and Families. Ranking at #77, PayPal is committed to investing in healthier workers and communities by paying a living wage, providing good benefits, fostering strong community relationships and minimizing pollution.
At PayPal, our values are the driving force guiding how we can best serve our customers and communities. Our values reinforce our mission to democratize financial services globally and to further the financial health of those who have not been well served by the financial system.
For Rich Reyher, transitioning to clean energy isn’t just the right thing to do, it’s a necessary investment in our future. As Senior Director of Global Data Center Services, Rich oversees PayPal’s data centers worldwide—and understands the high-magnitude of energy these buildings consume. He’s determined to run these energy-hungry buildings with completely renewable resources.
For the 2nd year, PayPal is designating the month of May as PayPal Small Business Month, taking the full month to celebrate, empower and educate entrepreneurs across the country. Making financial services accessible to all is a key part of PayPal’s mission as a company and a central part of achieving that goal is helping the underserved. PayPal Small Business Month brings this mission to life by engaging with underserved entrepreneurs.
At PayPal, we are focused on creating inclusive economic opportunities for as many people and as many businesses as possible. We strive to create a world where everyone has access to the tools, resources, and opportunities they need to improve their financial health and participate in the global economy. To fulfill our mission, we work to maximize the positive impact of our business and to be a responsible, transparent, and sustainable corporate citizen on behalf of all of our stakeholders. And, we take these commitments seriously.
PayPal CEO Dan Schulman sat down with Jaxon Love, Global Lead of Environmental Sustainability, to talk about the company's focus on minimizing environmental impact.
In honor of Earth Day, PayPal has announced the company will be working with the Science-Based Targeting Initiative and build toward use of 100% renewable energy by 2023. PayPal will be introducing an employee sustainability challenge, leveraging the passion of employees to take action to combat climate change.
PayPal has been named a “Win-Win” company by JUST Capital. This honor recognizes PayPal’s continuous investment in its employees and its commitment to transparency in disclosing its policies for gender pay equity, paid time off, parental leave, day care services, and career development.
Happy New Year! I hope that wherever you are in the world, and however you choose to celebrate the holiday season, that you are entering 2019 rested, re-energized, and with a clear sense of mission. As I’m sure some of you did as well, I took a bit of time for reflection over the last few days. We get so busy in our day-to-day work that I’m always thankful for those quiet moments and the opportunity to take stock and look forward.
We are pleased to announce that PayPal was once again named on the Forbes list of the Best Employers for Diversity in 2019. We consistently strive to create a more diverse and inclusive workplace year by year, and are excited to see continued results.