Encore to provide $50,000 in donations to Habitat and other charitable organizations –
– Day includes 500 volunteers working 2,500 volunteer hours in 16 global locations –
SAN DIEGO, April 26, 2018 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it will hold its sixth annual Global Volunteer Day on Saturday, April 28. Activities will take place in 16 locations around the world, including the company’s U.S., India, and Costa Rica locations and, for the first time, its wholly owned subsidiaries, Baycorp, Lucania Gestión and Grove.
Nearly 500 Encore employees will give their Saturdays to spend a collective 2,500 hours in service to their communities. Most of the volunteers will build homes alongside Habitat for Humanity — an international non-profit that provides affordable housing to low-income families around the world.
“Enabling people to live better lives through financial well-being is the cornerstone of our business, and we’re proud to carry out that mission alongside Habitat for Humanity,” said Sheryl Wright, Encore’s Senior Vice President of External Affairs. “Through our charitable giving and the incredible volunteerism of our employees, we are proud to support Habitat in providing affordable housing to people all over the world, which we know is a critical piece of economic empowerment.”
With the inclusion of its wholly owned subsidiaries in Global Volunteer Day, Encore extends its efforts to 16 locations. In the U.S., sites include San Diego, California; Phoenix, Arizona; Troy, Michigan; St. Cloud, Minnesota; Tampa, Florida; Roanoke, Virginia; San Antonio and Houston, Texas; and Hato Rey, Puerto Rico. Global Volunteer Day activities will take place internationally in; Heredia, Costa Rica; and New Delhi, India.
“We’re excited to share this day with our Encore family around the world, and we are proud of their willingness to volunteer their time and talents,” said Wright. “This global effort is an extension of the work we do together every day and will help facilitate positive, long-term change in the communities where we live.”
Encore held its first Global Volunteer Day in 2013 as part of its Corporate Social Responsibility (CSR) program, which underscores the company’s commitment to supporting its employees and communities through volunteerism, financial donations and strategic non-profit partnerships. To date, Encore has donated more than $1 million around the world to support organizations like Habitat for Humanity that offer a path to dignity and financial self-sufficiency through education, job skills training and affordable housing. To complement these efforts, Encore recently launched a financial literacy program for students, which has already impacted over 1,500 people in high school and community college.
In addition to the work with Habitat for Humanity this Global Volunteer Day, employees at Encore’s international locations will support charitable organizations around the world that align with the company’s CSR commitments. Employees in New Delhi are providing volunteer hours and financial support for Literacy India and Rainbow Homes, and employees in Heredia, Costa Rica, are supporting Banco de Alimentos Costa Rica. Other volunteers will work with the Gawad Kalinga community in Manila, People Who Care in Perth, and Serve the City in Madrid.
About Encore Capital Group, Inc.
Encore Capital Group is an international specialty finance company that provides debt recovery solutions for consumers across a broad range of assets. Through its subsidiaries around the globe, Encore purchases portfolios of consumer receivables from major banks, credit unions and utility providers. Encore partners with individuals as they repay their debt obligations, helping them on the road to financial recovery and ultimately improving their economic well-being. Encore is the first and only company of its kind to operate with a Consumer Bill of Rights that provides industry-leading commitments to consumers.
Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P Small Cap 600 and the Wilshire 4500. It has operations and investments in 16 countries, including its international subsidiaries Cabot Credit Management (Europe), Grove Capital Management (Europe), Lucania Gestión (Europe), Refinancia (Latin America) and Baycorp (Australasia). More information about the company can be found at http://www.encorecapital.com. Information found on the company’s or its subsidiaries’ websites are not incorporated by reference.
Manager, Corporate Social Responsibility and Corporate Communications
Encore Capital Group, Inc.