Environmental, Social and Governance

At Paywise, we understand that success goes beyond financial metrics; it involves a profound responsibility to contribute positively to the world. It is an important part of our makeup to make a meaningful impact on the environment, support underprivileged communities, and uphold the highest standards of corporate governance.

The below showcases some of our efforts to achieve these goals.

Environmental.

Carbon offset through tree planting

At Paywise, we are committed to sustainability and proud to contribute to a Carbon Offset program through our Greenfleet promise.

Since 2017, Paywise has partnered with Greenfleet, a not-for-profit organisation dedicated to climate action. Through this partnership, we help remove carbon, restore nature, and advance reconciliation.

In 2024 alone, Paywise’s support resulted in 1,603 tonnes of carbon offset, with a financial contribution of $34,151. Over eight years, our total impact has reached 18,613 tonnes of carbon offset and $328,539 in funding.

As sustainability becomes a priority for consumers, Paywise provides a practical, eco-friendly solution—helping both the planet and our customers save thousands each year.

Employees with Novated Leases can opt to support Greenfleet, offsetting the carbon emissions from their vehicles. Thanks to this initiative, we recently planted over 1,000 trees in Glendalough, Victoria.

About Greenfleet
Greenfleet is Australia’s first carbon offset provider, with over 25 years of experience in restoring forests. Partnering with organisations like Paywise, Greenfleet plants native, biodiverse forests in Australia and New Zealand to absorb carbon, improve soil and water quality, and provide vital wildlife habitats. These forests are legally protected, ensuring long-term environmental benefits.

Minimising use of plastic

At Paywise, we are committed to reducing our environmental footprint and promoting sustainable practices. One significant step we’ve taken is to minimise the use of plastic.

Digital Wallet Solution for Paywise Cardholders. We take pride in offering a digital wallet solution for Paywise Cardholders, effectively eliminating the need for a physical plastic card. Our digital card can be conveniently accessed through Google Pay and Apple Pay, providing a secure and user-friendly tap-and-go payment experience directly from your mobile phone. We’ve also invested in educating our Members on the various benefits associated with digital cards.
Sustainable Card Alternatives. For those who prefer a tangible card, we are proud to introduce our new recycled plastic card, providing our members with an eco-friendly alternative to regular plastic cards.
Chargefox for EV Novated Leasing Members. In our pursuit of reducing environmental impact, we are proud to partner with Chargefox to enable our members who drive an electric vehicle the ability to submit and claim all their charging costs completely digitally.

Social.

The Ruben Centre, Nairobi

Paywise has been a member of the 500 Supporters Club for several years, which supports the Ruben Centre, located in Nairobi, Kenya.

The Ruben Centre is run by the Christian Brothers African Province and offers a vital source of community development programmes to the residents of one of the largest slums in Nairobi.

Over the years, Paywise staff have visited and worked in the Ruben Centre and among the people of Mukuru.

In addition to providing medical and other care to the people of the Mukuru Slums, Ruben is now playing a pivotal role in distributing food parcels and financial aid.

The 500 Supporters’ Club’s primary objective has been to support the Ruben Centre by contributing to the funding of its operating costs of more than $1.4 million per annum.

Via the Edmund Rice Foundation, it is proud to have been Ruben’s cornerstone donor for over 20 years now. Since its establishment, the Group has raised in excess of $8 million for the Ruben Centre.

Supply Nation Certified

At Paywise, we are proud members of Supply Nation, supporting greater inclusion of Indigenous people through our procurement practices. By integrating Indigenous businesses into our supply chain, we aim to foster economic empowerment for First Nations Australians and contribute to closing the gap.

Supply Nation, as Australia’s leader in supplier diversity, connects organisations with verified Aboriginal and Torres Strait Islander businesses. Through their support, resources, and training, we are empowered to promote a more inclusive and sustainable business sector while driving innovation and flexibility within our organisation.

Governance.

Highest level of Financial Governance: Paywise holds an Australian Financial Services License (AFSL number 521956) and works within the high standards imposed by the license requirements, including; Reporting, complaint management, risk assessments, ongoing business viability and financial management. We have an external audit conducted annually, with a scope that encompasses security controls and roles demarcation to prohibit fraud.
RG146: Paywise has funded a program which has seen our workforce gain RG146 accreditation which ensures qualified and quality financial service education and protection for our Members and clients. RG146 is a mandatory licensing regulation required for anyone who sells financial product advice to clients in Australia. This can include advising clients on anything from superannuation, life insurance and securities through to margin lending and managed investments.
Diversity and Inclusion focused: As a WGEA certified organisation, Paywise is committed to promoting diversity and inclusion in the workplace. We believe that a diversity of perspectives and backgrounds enhances our ability to serve our clients and create a positive work environment for all employees.