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MASTERCARD’S COMMITMENT TO INCLUSION AND DIVERSITY
IS HOW WE DEFINE AND DRIVE OUR CULTURE OF DECENCY
The World Needs More Diversity nine BRGs act as internal business consultants
It’s clear that diversity representation remains to provide consumer segmentation, research,
a top issue in workplaces across the globe. At cultural insights, and access to networks.
Mastercard, we have taken huge steps toward
increasing the diversity representation of our Pay Equity: Equality is one of the foundational
workforce across borders, cultures, and languages. cores of our commitment to building an inclusive,
These programs are the cornerstones of our high-performing culture at the company, so we
culture and how we strive to provide equal remain dedicated to practices designed to ensure
opportunities at all levels of our business. there is equal pay for equal work.
Recruitment: Mastercard partners with leading The Way We Operate
business organizations, universities, and events We believe that creating a culture of diversity
to seek out exceptional recruits and encourage and inclusiveness takes more than a verbal
them to join Mastercard. One of our objectives is commitment. It takes action. Our Global Inclusion
to have diverse candidate slates for all positions. and Diversity team is an important division at
Mastercard, with a focus on creating meaningful
Return to Work Program: Our global return connections that inspire acceptance and cultivate
to work program gives experienced mid-career a culture of belonging.
professionals an opportunity to re-enter the
workplace. For these returners, we provide Our commitment to inclusion and diversity spans
experience, tools, and support to ease their beyond the borders of our business. We are deeply
path back to working life. committed to supplier diversity. This helps us pro-
vide diverse and small businesses with the oppor-
Career Development: We provide resources and tunity to participate in our procurement activities.
tools to help our employees broaden their skills, We also expect that our suppliers share our core
gain new experiences, create opportunities for diversity and inclusion values and further promote
themselves, and support their goals to increase the same culture within their own organizations.
the diversity representation in our succession
planning and talent pipeline. We have pledged $500 million over the next five
years to help close the racial wealth and opportunity
Women Who Lead: We provide women with the gap for Black communities as we strive to build an
skills needed to advance their career goals at economy that works hard for everyone, everywhere.
Mastercard. This includes workshops, career This includes ideas that expand city programs to
planning, and formal discussions identifying any support Black communities and ways to provide
gender equality gaps at our senior management affordable financial tools and services, and offer
levels. In fact, our Integrated Marketing and Com- capital and resources, for Black-owned businesses.
munications leadership team itself is 70 percent
female at its upper management levels. We continue to work toward our goal of connecting
1 billion people to the digital economy by 2025.
Business Resource Groups: More than half of This has been particularly highlighted as a global
Mastercard employees are a part of a Business need due to the COVID-19 pandemic, which sees
Resource Group (BRG), self-governed groups that a disproportionate amount of people in vulnerable
are comprised of individuals who come together populations become further negatively impacted
based on similar interests or experiences. Our by not being connected to what’s needed.
27 // A Diversity Report for the Advertising/Marketing Industry