Block : Publishes 2023 Corporate Social Responsibility Report
March 28, 2024 at 04:40 pm
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Block Publishes 2023 Corporate Social Responsibility Report
March 28, 2024
DISTRIBUTED-WORK-MODEL/OAKLAND, CA - Today Block, Inc. (formerly known as Square, Inc.) published its 2023 Corporate Social Responsibility (CSR) Report on Block.xyz to provide a transparent update on Block's progress towards and commitment to supporting economic empowerment. The annual report includes detailed information on how Block supports its customers and their communities, global climate action, and its employees.
The full report can be found here.
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28 March 2024 and is solely responsible for the information contained therein. Distributed by
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Block, Inc. is focused on creating ecosystems for distinct customer audiences. The Company operates through two segments: Square and Cash App. Square segment includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. Square is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses, including enabling sellers to accept card payments, provide reporting and analytics, and facilitating next-day settlement. Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its bitcoin ecosystem includes TBD, which is an open developer platform.