No. 7 | MasterCard | DiversityInc Top 50
WHY IT’S ON THE LIST
• Asians in Senior Leadership: 80.6% higher than the Top 10 and double the Top 50 average
• Employee ERG Membership: Nearly 50% higher than the Top 10 and more than double the Top 50 average
• Blacks, Latinos and Asians in Senior Leadership: 25.4% higher than the Top 10, 53.5% higher than the Top 50 and 76.7% higher than the national average
MasterCard firmly believes that diversity and inclusion drives better business. According to the company, its efforts have paid off: “Over the past 12 months, our value of a diverse and inclusive culture has had a meaningful impact on our business. It has helped extend relationships with current partners, while helping to create a platform for potential partnerships.”
The company has put an increased focus on its eight resource groups, which MasterCard calls Business Resource Groups (BRGs). About half of MasterCard’s employees worldwide participate in these groups, of which there are 52 chapters worldwide. MasterCard reported that 12 new chapters were created in 2015 alone. The BRGs are open for all employees to join. President and CEO Ajay Banga meets with these groups quarterly.
MasterCard has also made commitments to supporting the LGBT community. In September the company joined 13 other firms and created Open for Business, a coalition aimed at proving the business profitability of LGBT rights.
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.”
Chief Diversity Officer
“By valuing of a culture of inclusion, we gain additional insights and perspectives that allow us to make the best decisions for our business and customers. The diversity in thoughts and experiences of our people drives real business impact and makes meaningful contributions to society.”
U.S. Headquarters: Purchase, N.Y.
Global Employees: 11,300
Last Year’s DiversityInc Top 50 Ranking: No. 6
No. 10 Diversity Councils
No. 12 Global Diversity