PURCHASE, N.Y., June 7, 2023 /CSRwire/ - Mastercard today detailed the actions the company took in 2022 to advance its environmental, social and governance goals as part of its doing well by doing good approach. The strategy and efforts — expressed through the pillars of People, Prosperity and Planet — are directly connected to its long-term success as a company.

THE MILESTONE ACHIEVEMENTS

Empowering people to reach their full potential

Milestones achieved in 2022 include:

• Continued to close the global median pay gap between female and male employees
• Invested $420 million in Black communities in the U.S. over three years
• Engaged 3.6 million girls globally since the launch of our decade-long Girls4Tech STEM program

Fostering prosperity around the world

Milestones achieved in 2022 include…

• Surpassed our 2025 goal of providing 25 million women entrepreneurs with solutions that can help them grow their business
• Connected more than 780 million people to the digital economy since 2015, and 35 million small businesses to the digital economy over the past three years
• Provided $240 million in support over the past three years for small businesses and their employees impacted by the pandemic

Preserving the planet for future generations

Milestones achieved in 2022 include…

• Reduced Scope 1 and 2 emissions by 44%, and Scope 3 emissions by 40% in 2022, compared to our 2016 base year
• Grew the Priceless Planet Coalition to more than 130 corporate partners globally and in 2022 added 15 new reforestation sites around the world

At Mastercard, our focus is on powering economies and empowering people, building a sustainable economy where everyone prospers. To do our part to create that world, we move with intention and with pace. It’s about setting — and then being accountable to — standards and principles. It’s recognizing the responsibility to ensure technology helps, not hurts — that new innovations are trusted. And it’s connecting the ‘why’ of our purpose to the ‘what’ of our fundamental business strategy to ensure that we deliver long-term growth for our shareholders, build trust with stakeholders, and contribute to a more equitable and prosperous world.

Mastercard’s 2022 ESG Report is available online.

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About Mastercard

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

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