No. 7 | Mastercard | DiversityInc Top 50

WHY THEY'RE ON THE LIST

KEY RESULTS

  • Latinos and Asians on Board of Directors: More than double the Top 10 and Top 50
  • Blacks, Latinos, and Asians in Senior Leadership: 49% more than the Top 10
  • Supplier Diversity: Spent 18.7% more of total procurement with tier-2 women-owned suppliers than the Top 50

BEST PRACTICES

At Mastercard a culture of diversity and inclusion, which begins with its board of directors, has become deeply ingrained within the company’s corporate identity.

Mastercard has been a mainstay on the list as it recognizes that D&I offer powerful business advantages. President and CEO Ajay Banga meets quarterly with the company’s Business Resource Groups (BRGs), which are open for all employees to join. There are more than 50 chapters worldwide.

In 2016, Mastercard launched its ninth BRG — ADAPTability — that focuses on the needs of employees with a disability.

The company also joined the United States Business Leadership Network’s Going for Gold Partner program, and partnered with Essential Accessibility. This partnership provides assistive technology on all of its external websites, which includes its online application portal.

Inclusion, opportunity and empowerment are global priorities at Mastercard. From the workplace to products and solutions, the company is furthering its commitment to gender equality around the world.

Mastercard has also made commitments to supporting the LGBT community. Also in 2016, the company took a stand against discrimination publicly opposing Missouri’s Senate Joint Resolution 39, a controversial religious freedom bill.

DIVERSITY LEADERSHIP

Ajay Banga

President and CEO

“Diversity and inclusion cannot be a nice to have. Rather, it must be expected, not simply accepted. The results of this prioritization are clear — better insights, better decisions and better products that differentiate a company from the competition.”

Randall Tucker

Chief Inclusion Officer

“What’s important at Mastercard is that we create an inclusive environment where everyone has the opportunity to reach their greatest potential and help our business grow.”

COMPANY FACTS

MA (NYSE)

U.S. Headquarters: Purchase, N.Y.
Global Employees: 11,827

Last Year’s DiversityInc Top 50 Ranking: No. 7

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