Archived: No. 7 | MasterCard | DiversityInc Top 50

WHY THEY’RE ON THE LIST

KEY RESULTS


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

BEST PRACTICES

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.

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.”

Donna Johnson

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.”

COMPANY FACTS

MA (NYSE)

U.S. Headquarters: Purchase, N.Y.

Global Employees: 11,300

Last Year’s DiversityInc Top 50 Ranking: No. 6

DiversityInc Lists

No.8 Recruitment

No. 10 Diversity Councils

No. 12 Global Diversity

Latest News

Sysco Hosts First Virtual Supplier Diversity Summit

Originally published on LinkedIn.   “Although our diverse supplier program is just getting started, our efforts to embed supplier diversity best practices in our business lead the industry,” said Darnell Greene, Director of Supplier Diversity. “Our program is helping diverse-owned businesses thrive and grow in the foodservice industry and provide…

PwC on Marching for LGBTQ+ Inclusion

Originally published at pwc.com. PwC is a Hall of Fame company.   Setting the scene In recent years, societies worldwide have seen a growing culture of respect and inclusion for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people — a positive development supported in some cases by improved legal rights….

Mastercard Advances ESG Commitments, Outlining Progress in Annual Sustainability and DEI Reports

Originally published at mastercard.com. Mastercard ranked No. 2 on The DiversityInc Top 50 Companies for Diversity list in 2022.   Mastercard released its 2021 Corporate Sustainability and Diversity, Equity and Inclusion (DEI) reports, highlighting the company’s impact across Environmental, Social and Governance (ESG) to build a sustainable and inclusive digital…