IAC
IAC, headquartered in New York City, is a global company with over 150 digital products and brands, including Vimeo, Angi Inc., and Match Group, and has created nearly $100 billion in equity value.
Company Overview
Headquartered in New York City, IAC is a diverse digital company that houses more than 150 brands and products used globally. The company is known for its substantial creation of equity value, totaling nearly $100 billion through its influential companies such as Vimeo, Angi Inc., Match Group, and many others. This vast portfolio allows IAC to have a significant and varied impact on the digital landscape.
Environmental, Social, and Governance (ESG) Initiatives
IAC aligns its ESG priorities with the UN Sustainable Development Goals and follows the Global Reporting Initiative (GRI) and Sustainable Accounting Standards Board (SASB) voluntary disclosure frameworks. In 2021 and 2022, IAC offset 100% of its headquarters' electrical use-related carbon emissions through the purchase of renewable energy credits. The company's Scope 1 and 2 emissions for these years were independently verified by an accredited third party. Additionally, IAC's Audit Committee oversees climate-related risks and internal controls over reporting metrics.
Philanthropy and Community Impact
In 2022, businesses under IAC have contributed over $1.7 million towards charitable causes and grants. The IAC Charitable Foundation delivered almost $1 million in scholarships in the same year. These efforts reflect the company's commitment to positively impacting communities and supporting education.
Key Brands and Market Reach
IAC's brands operate across various sectors and markets. Dotdash Meredith is the largest digital and print publisher in America, with a monthly reach of nearly 200 million people. Vivian Health has facilitated over 4 million job applications and has more than 1 million qualified healthcare professionals registered on its platform. Care.com is the leading platform for family care services in the US, addressing a $340 billion market. Angi Inc. boasts a network of over 200,000 service professionals across 500 service categories in nearly every US zip code. Furthermore, The Daily Beast attracts over 1 million readers daily, recognized for its original reporting and sharp opinions.
Digital Tools and Consumer Services
IAC's Ask Media Group and Ask Applications provide essential digital tools and services. Ask Media Group aids users in finding information, reaching 245 million people globally each month. Ask Applications offers leading browser-based search tools and PC optimization software, serving over 40 million consumers worldwide.