Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, is proud to announce the release of its second Environmental, Social, and Governance (ESG) Report. The report showcases the company’s commitment to fostering sustainability, diversity, and innovation to help drive business profitability.
This year’s ESG report highlights key achievements across areas such as Diversity, Equity, & Inclusion (DEI), employee experience, risk management, and cybersecurity. It also outlines goals for 2025 and beyond, reinforcing Porch’s dedication to continuous improvement and sustainable business practices.
Key Highlights from the 2024 ESG Report include:
- Achieved “Great Place to Work” certification for the third consecutive year
- Maintained a 50% diverse board of directors and nearly 50% gender diversity across employees
- Supported homebuyers with Spanish subtitles and rental history-based mortgage approvals through the Floify platform
- Integrated multi-language capabilities into home inspection reports, enabling better service for underserved communities
- Delivered an enterprise-wide learning and development roadmap to enhance employee growth and retention
- Continued investments in cybersecurity operations
“We believe our ESG initiatives not only drive positive change but also create long-term value for our stakeholders,” said Matt Ehrlichman, CEO, Chairman, and Founder of Porch Group.
The full report is available on the Porch Group website at ir.porchgroup.com.
About Porch Group
Porch Group, Inc., ("Porch") is a homeowners insurance and vertical software platform. Porch's strategy to win in homeowners insurance is to leverage unique data for advantaged underwriting, provide the best services for homebuyers, and more protection. The long-term competitive moats that create this differentiation come from Porch's leadership in home services software-as-a-service and its deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage, and title companies.
To learn more about Porch, visit ir.porchgroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241217878367/en/
Contacts
Investor Relations Contact:
Lois Perkins, Head of Investor Relations
Porch Group, Inc.
Loisperkins@porch.com
