Edenred teamed up with a local food pantry as part of its CSR policy, Idealday

Edenred employees participated in an annual global volunteering initiaitive to alleviate food insecurity and help residents in need

BOSTON, June 22, 2023 /PRNewswire/ -- Edenred, the world leader in specific-purpose payments, partnered with the Newton Food Pantry, a local independent nonprofit located in Newton, Massachusetts, to alleviate food insecurity and help Newton residents in need.

Idealday is an annual global volunteering intiaitve that occurs across all 45 countries in which Edenred operates in. Edenred employees engage in a voluntary approach of social, societal, and environmental responsibility, formalized in a policy called 'Ideal'. This falls under the three pillars of the Edenred Group's CSR policy : Idealpeople, which aims to improve the quality of life ; Idealplanet, which works to preserve the environment ; and Idealprogress, which seeks to create value responsibly.

This year, Edenred USA employees assisted the Newton Food Pantry with restocking supplemental food and personal care products, while providing customer service to shoppers in their free grocery store made available to Newton residents, located at 1000 Commonwealth Avenue in Newton. Employees also helped shoppers with putting their groceries into their cars.

"We had a great day volunteering at the Newton Food Pantry," says Ed Fleischmann, CEO of Edenred USA. "We are very proud to be actively giving back to the community, reinforcing our commitment to social responsibility and supporting those in need."

Edenred encourages its employees to give back to the community beyond Idealday. Activities can be counted as paid working hours and go towards the yearly ESG goal. It's just another way to help out the local community while working alongside other Edenred employees.

About Edenred

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting 52 million users and 2 million partner merchants in 45 countries via 950,000 corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking, and commuter solutions) and corporate payments (such as virtual cards).

True to the Group's purpose, "Enrich connections. For good.", these solutions enhance users' well-being and purchasing power. They improve companies' attractiveness and efficiency and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products, and softer mobility.

Edenred's 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient, and more responsible every day.

In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms, and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

The logos and other trademarks mentioned and featured in this press release are registered trademarks of Edenred S.E., its subsidiaries or third parties. They may not be used for commercial purposes without prior written consent from their owners.

For more information:

Edenred: www.edenredbenefits.com

About The Newton Food Pantry

The Newton Food Pantry is the oldest and largest pantry serving the Newton community. An independent, non-profit organization, founded in 1983, the Newton Food Pantry aims to alleviate food insecurity in Newton by providing supplemental food and personal care products to community members in need, serving our clients with dignity, compassion, and respect.

We serve more than 1,800 Newton residents through bi-monthly choice shopping and deliveries. In addition, countless others are served through off-site initiatives including the Newton Community freedge and the Lasell University Dry Pantry. A robust corps of volunteers and donors enable us to serve our neighbors. One Bag at a Time.

For more information:

Newton Food Pantry: http://www.newtonfoodpantry.org/

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SOURCE Edenred Benefits