H&R Block, Inc. provides help and inspires confidence in its clients and communities everywhere through global tax preparation, financial products, and small-business solutions. The company blends digital innovation with the human expertise and care of its associates and franchisees as it helps people get the best outcome at tax time and better manage and access their money year-round. Through Block Advisors and Wave, the company helps small-business owners thrive with innovative products like Wave Money, a small-business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically.
Purpose
H&R Block provides help for clients through tax prep services, financial products, and small-business solutions. Our purpose is to provide help and inspire confidence in our clients and communities everywhere. Providing help and inspiring confidence, especially financial confidence, is at the core of all that we do.
As a Purpose-driven company serving millions of clients around the globe, it remains our responsibility to continually empower our associates, lead our business with integrity, help create vibrant communities with thriving entrepreneurship, champion diversity, inclusion and belonging, and reduce our environmental footprint.
We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use
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Summary
H&R Block is committed to addressing financial inclusivity with the launch of Spruce mobile-banking app.
Activities & Initiatives
H&R Block will demonstrate its purpose to provide help and inspire confidence in our clients and communities everywhere by promoting financial inclusivity and developing features of its mobile banking platform with a focus on transparency, accessibility, and support.
Measures & Targets
H&R Block will measure progress by tracking Spruce uptake.
Summary
H&R Block is committed to Make Every Block Better through 1 million volunteer hours by their employees, impacting 500 communities in all 50 states.
Activities & Initiatives
H&R Block will measure progress by tracking the number of volunteer hours by their associates, franchisees, and franchise employees with a goal of 1 million hours.
Measures & Targets
H&R Block will measure progress by tracking the number of volunteer hours by their employees, franchisees, and franchise employees with a goal of 1 million hours.
H&R Block will track the location of volunteer efforts and programming with a goal of impacting 500 communities in all 50 states.
Summary
H&R Block commits to ensuring its equitable and comprehensive benefit offerings will help their associates plan for the health and security of their families by 2025.
Activities & Initiatives
In addition to traditional medical benefits, H&R Block now provides: 8 weeks of paid parental leave; 4 weeks of paid caretaker leave; an enhanced mental health support program; infertility, adoption, and surrogacy support; a program to support associates through pregnancy up through baby’s first year; and a program to support associates who are Neurodiverse and/or caretakers of children who are Neurodiverse.
Measures & Targets
H&R Block will measure success by the well-being of their employees.
Summary
H&R Block is committed to the diversity of its workforce and creating an inclusive environment for its employees and will report progress on an annual basis.
Activities & Initiatives
H&R Block will measure and report on the racial and gender diversity of its independent board seats and officers of the company.
H&R Block will continue to fulfill its pledge as a member of the Catalyst CEO Champions for Change, focused on increasing the representation of women, including women of color, among senior leadership and Board of Director positions.
H&R Block will continue inclusive practices in order to maintain an annual perfect 100% score on the Human Right’s Campaign (HRC) Corporate Equality Index and continue be recognized as one of HRC’s “Best Places to Work for LGBTQ Equality.”
H&R Block will fulfill the commitments as a member of the Gender and Diversity KPI Alliance.
H&R Block will expand our hiring practices to be more inclusive and result in a more diverse candidate pool for all positions.
Measures & Targets
H&R Block will measure success by tracking the diversity of its independent board seats and company officers, not falling below the baselines of:
- 50% board gender diveristy
- More than 50% gender diversity of company officers
- One-third racial and ethnic diversity of its C-suite
- 40% racial and ethnic diversity of its summer interns
Summary
H&R Block is committed to reducing our carbon emissions and implementing sustainable business practices.
Activities & Initiatives
H&R Block will measure success by tracking their carbon emissions.
Measures & Targets
H&R Block will measure success by tracking their carbon emissions to be reduced from the 2021 baselines of 108,000 MT CO2 e Scope 1 ad 2 emissions and 85,990 MT CO2 e Scope 3 emissions.
Summary
By 2025, H&R Block will support 500,000 small business owners, with 15% being small business owners of color.
Activities & Initiatives
Objective 1: In partnership with Habitat for Humanity, H&R Block will support neighborhood revitalization efforts that improve the spaces around neighborhoods and small businesses, as well as test innovative programs that aim to increase community connections and improve the quality of life and sustainable outcomes for neighborhoods.
Objective 2: H&R Block will better understand the importance and benefits of better-connected new and small business owners and their impact on communities in partnership with Kauffman Foundation.
Objective 3: H&R Block will work with Nextdoor on community improvement projects that connect neighbors, involve small businesses, and ultimately uplift local neighborhoods.
Objective 4: In partnership with KCRise Fund II, H&R Block will support startups in its hometown community, guided by a team that has a strong understanding of the entrepreneurial ecosystem.
Objective 5: H&R Block will work with Urban Neighborhood Initiative (UNI) to take action in its hometown to build connections in an area that needs significant resources.
Measures & Targets
H&R Block will measure progress by tracking the number of small business owners they support with a goal of 500,000.
Sign up your company
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.
