{"id":751474,"date":"2023-04-26T11:24:39","date_gmt":"2023-04-26T15:24:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-releases-environmental-social-and-governance-esg-report\/"},"modified":"2023-04-26T11:24:39","modified_gmt":"2023-04-26T15:24:39","slug":"sallie-mae-releases-environmental-social-and-governance-esg-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-releases-environmental-social-and-governance-esg-report\/","title":{"rendered":"Sallie Mae Releases Environmental, Social, and Governance (ESG) Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sallie Mae Releases Environmental, Social, and Governance (ESG) Report<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Report Highlights Company\u2019s Continued Commitment to Customers, <\/i><i>Communities, Employees, and the Environment<\/i><\/b><\/p>\n<p>NEWARK, Del.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSallie Mae\u00ae, formally SLM Corporation, today released its Environmental, Social, and Governance (ESG) report: \u201c<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.salliemae.com%2Fesg&amp;esheet=53387556&amp;newsitemid=20230425006006&amp;lan=en-US&amp;anchor=Powering+Confidence&amp;index=1&amp;md5=2331f431db3e8f8bdf020fbe4efe4199\">Powering Confidence<\/a>.\u201d The report\u2019s title is a nod to Sallie Mae\u2019s mission to power confidence in students and families on their unique higher education journey and highlights the company\u2019s continued mission-aligned efforts to support customers, communities, employees, and the environment.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230425006006\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230425006006\/en\/<\/a><\/p>\n<p>\nSpecifically, the report shares progress on ESG initiatives in 2022 including:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Reducing Environmental Impact:<\/b> Sallie Mae completed its first comprehensive greenhouse gas (GHG) inventory, providing an understanding of its baseline footprint and opportunities to reduce impacts in the future. The company also signed a zero-waste agreement with its waste management and recycling provider, highlighting its dedication to sustainable practices.\n<\/li>\n<li><b>Supporting Higher Education Access and Completion:<\/b> The Sallie Mae Fund, Sallie Mae\u2019s charitable arm, again partnered with Thurgood Marshall College Fund to award <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.salliemae.com%2Fabout%2Fscholarship-opportunities%2F&amp;esheet=53387556&amp;newsitemid=20230425006006&amp;lan=en-US&amp;anchor=%241+million+in+scholarships&amp;index=2&amp;md5=57e25ba0115d6cbb3186c97128584a16\">$1 million in scholarships<\/a> to help underserved and underrepresented students access and complete higher education. The company continues to offer all students access to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.salliemae.com%2Fcollege-planning%2F&amp;esheet=53387556&amp;newsitemid=20230425006006&amp;lan=en-US&amp;anchor=free+tools+and+resources&amp;index=3&amp;md5=6f7d86c09674c494215acda22e3b0796\">free tools and resources<\/a> to help them navigate to, through, and immediately after college.\n<\/li>\n<li><b>Advancing Social Justice and Giving Back to Communities<\/b>: The Sallie Mae Fund provided $385,000 in grants to advance social justice and remove barriers to higher education access and completion, including $100,000 to support National HBCU Week. The company also provided $71 million in new investments to support low- and -moderate-income housing in Utah \u2013 home to Sallie Mae Bank \u2013 and an additional $371,000 in scholarships and grants to Utah students through the Community Reinvestment Act.\n<\/li>\n<li><b>Supporting the Workforce<\/b>: Sallie Mae introduced new diversity focused programs, a hybrid working model to allow for flexibility, connection, and growth and continued to provide competitive benefits including more than 12,000 hours of primary and 4,800 hours of secondary parental leave. The company was also recognized as one of the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.davethomasfoundation.org%2Flibrary%2F2022-100-best-adoption-friendly-workplaces-list%2F&amp;esheet=53387556&amp;newsitemid=20230425006006&amp;lan=en-US&amp;anchor=100+Best+Adoption-Friendly+Workplaces+by+The+Dave+Thomas+Foundation+for+Adoption&amp;index=4&amp;md5=1da705253b243bbf20bdee417bd88d00\">100 Best Adoption-Friendly Workplaces by The Dave Thomas Foundation for Adoption<\/a>. The company also received recognition for the diversity of its Board of Directors.\n<\/li>\n<\/ul>\n<p>\n\u201cOur ESG strategy and focus is driven by our mission and where we can make the most impact \u2013 helping students and families from all backgrounds access and complete higher education,\u201d said Jon Witter, CEO, Sallie Mae. \u201cI\u2019m confident this mission-aligned ESG approach will further contribute to the success of our customers, our communities, and our people, and will foster a more sustainable future.\u201d<\/p>\n<p>\nSallie Mae\u2019s ESG Report, formerly referred to as the Corporate Social Responsibility Report, was prepared with reference to the principles and disclosures of the Global Reporting Initiative (GRI) Standards: Core option and included reporting against three relevant Sustainability Accounting Standard Board (SASB) sector standards. Sallie Mae also uses the Principles for Responsible Banking, the United Nations (UN) Global Compact, and the UN Guiding Principles on Business and Human Rights frameworks to guide its reporting.<\/p>\n<p>\nTo learn more about Sallie Mae\u2019s ESG efforts, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.salliemae.com%2FESG&amp;esheet=53387556&amp;newsitemid=20230425006006&amp;lan=en-US&amp;anchor=www.salliemae.com%2FESG&amp;index=5&amp;md5=aaa973e537be3ae632d973410d93b956\">www.salliemae.com\/ESG<\/a>.<\/p>\n<p><b>Sallie Mae <\/b>(Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fsalliemae.com%2F&amp;esheet=53387556&amp;newsitemid=20230425006006&amp;lan=en-US&amp;anchor=SallieMae.com&amp;index=6&amp;md5=1be888dc2f874378190ff1935a82e645\">SallieMae.com<\/a>. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.<\/p>\n<p>\nCategory: Community and Philanthropy<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230425006006r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230425006006\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230425006006\/en\/<\/a><\/span><\/p>\n<p>\nCaron Jackson<br \/>\n<br \/>856.873.0476<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Caron.Jackson@salliemae.com\">Caron.Jackson@salliemae.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Delaware United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Education Environmental, Social and Governance (ESG) Finance Other Education University<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230425006006\/en\/719959\/3\/Sallie_Mae_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sallie Mae Releases Environmental, Social, and Governance (ESG) Report Report Highlights Company\u2019s Continued Commitment to Customers, Communities, Employees, and the Environment NEWARK, Del.&#8211;(BUSINESS WIRE)&#8211; Sallie Mae\u00ae, formally SLM Corporation, today released its Environmental, Social, and Governance (ESG) report: \u201cPowering Confidence.\u201d The report\u2019s title is a nod to Sallie Mae\u2019s mission to power confidence in students and families on their unique higher education journey and highlights the company\u2019s continued mission-aligned efforts to support customers, communities, employees, and the environment. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230425006006\/en\/ Specifically, the report shares progress on ESG initiatives in 2022 including: Reducing Environmental Impact: Sallie Mae completed its first comprehensive greenhouse gas (GHG) inventory, providing an understanding of its baseline footprint &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-releases-environmental-social-and-governance-esg-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sallie Mae Releases Environmental, Social, and Governance (ESG) Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-751474","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sallie Mae Releases Environmental, Social, and Governance (ESG) Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-releases-environmental-social-and-governance-esg-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sallie Mae Releases Environmental, Social, and Governance (ESG) Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sallie Mae Releases Environmental, Social, and Governance (ESG) Report Report Highlights Company\u2019s Continued Commitment to Customers, Communities, Employees, and the Environment NEWARK, Del.&#8211;(BUSINESS WIRE)&#8211; Sallie Mae\u00ae, formally SLM Corporation, today released its Environmental, Social, and Governance (ESG) report: \u201cPowering Confidence.\u201d The report\u2019s title is a nod to Sallie Mae\u2019s mission to power confidence in students and families on their unique higher education journey and highlights the company\u2019s continued mission-aligned efforts to support customers, communities, employees, and the environment. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230425006006\/en\/ Specifically, the report shares progress on ESG initiatives in 2022 including: Reducing Environmental Impact: Sallie Mae completed its first comprehensive greenhouse gas (GHG) inventory, providing an understanding of its baseline footprint &hellip; Continue reading &quot;Sallie Mae Releases Environmental, Social, and Governance (ESG) Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-releases-environmental-social-and-governance-esg-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-26T15:24:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230425006006r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sallie-mae-releases-environmental-social-and-governance-esg-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sallie-mae-releases-environmental-social-and-governance-esg-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sallie Mae Releases Environmental, Social, and Governance (ESG) Report\",\"datePublished\":\"2023-04-26T15:24:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sallie-mae-releases-environmental-social-and-governance-esg-report\\\/\"},\"wordCount\":646,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sallie-mae-releases-environmental-social-and-governance-esg-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230425006006r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sallie-mae-releases-environmental-social-and-governance-esg-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sallie-mae-releases-environmental-social-and-governance-esg-report\\\/\",\"name\":\"Sallie Mae Releases Environmental, Social, and Governance (ESG) Report - 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