UnionHub, a Denver-based fintech and insurtech platform transforming how benefits, payments, and communications connect across the U.S. workforce, announced the adoption of its comprehensive Environmental, Social, and Governance (ESG) policy.
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The initiative positions UnionHub among the first benefits-technology platforms to combine carbon-negative operations, radical financial transparency, and company-wide employee ownership, setting a new benchmark for responsible innovation in both fintech and insurtech. Serving unions, employers, and associations nationwide, UnionHub’s platform simplifies benefits administration and payment processing for millions of working Americans. The company’s ESG framework formalizes long-standing practices of sustainability, inclusion, and governance that have guided its growth since inception.
“Our mission has always been about more than just software,” said Edward Haley, Founder and CEO of UnionHub. “We’re proving that technology can scale without losing its humanity. We run an open-book company, give every employee a stake in our success, and hold ourselves to standards that go well beyond what’s expected of a private company.”
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Environmental Responsibility
UnionHub partners with Carbon Shield, a Denver-based carbon credit project developer and well closure firm, whose verified projects support UnionHub’s efforts to measure, reduce, and offset its operational emissions. The company has set a verified goal of operating carbon-negative by offsetting at least 120 percent of its annual emissions by 2026.
UnionHub tracks emissions through its Microsoft infrastructure and offsets residual output using verified carbon credits sourced from Carbon Shield’s ACR930 project, which permanently sealed two high-emitting orphaned oil and gas wells along Colorado’s Front Range. The project eliminated uncontrolled methane emissions near local communities and water supplies. The company operates as a fully paperless organization, reducing waste through digital onboarding and benefit-management systems. Looking ahead, UnionHub is proactively addressing the increased computer power required for its forthcoming AI Decision Support tools.
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To ensure environmental integrity, UnionHub’s carbon accounting and offset verification process follows the American Carbon Registry’s (ACR) rigorous standards for greenhouse gas quantification and removal. The company’s initial offsets are sourced from Carbon Shield’s project ACR930, registered under the ACR and validated and verified by First Environment, Inc. using ACR’s Orphaned Oil and Gas Well Plugging Methodology. Future offsets are expected to be drawn from Carbon Shield’s expanding inventory of similar projects developed under ACR and other leading offset standards to ensure continued alignment with the highest standards for transparency, permanence, and impact.
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“We know our AI systems will raise our energy consumption,” added Haley. “That’s why we’re getting ahead of it by investing in carbon removal, green data centers, and offset partnerships that keep innovation and environmental responsibility in balance.”
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Source : prnewswire