Below is the information acquired on MASTERCARD, which is not yet included in our research perimeter.

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Last update 8 July 2023

Description of economic activities

Other credit granting (NACE2 6492)

This firm, with headquarters located in Purchase, New York, operates as a global payments solutions company that provides a broad array of services in support of its global members' credit, deposit access, electronic cash, business-to-business and related payment programs. It manages a family of widely recognized payment cards brands, including MasterCard, Maestro and Cirrus, serving financial institutions, consumers and businesses in more than 210 countries worldwide. MasterCard is one of the world's well-known credit and debit card brands, representing instant buying power, immediate deposit access convenience, security worldwide, and flexible payment options. Maestro is one of the most widely accepted global deposit access brands. It is the only online, PIN-based debit brand that can be used to make purchases and get cash at ATMs worldwide. The Cirrus brand stands for the global MasterCard/Cirrus ATM Network, which is one of the world's largest ATM networks. Cirrus represents immediate deposit account access convenience at more than one million cash machine locations worldwide. The company was founded as the Interbank Card Association (ICA) in 1966. It is committed to continuing to deliver value to its customers and other stakeholders, and to promote the advantages of electronic payments, accelerating the displacement of cash and checks, and advancing commerce across the globe. The core of its business strategy is a focused on its customers.

  • MASTERCARD

  • United States of America (US)
  • Company type: Bank
  • Parent company: N/A
  • Chief Executive Officer (CEO): Professor Merit Elizabeth Janow
  • CEO Total remuneration: 532.342,277
  • Website: www.mastercard.us/en-us.html

Financial data

Number of employees

29,900
24,000
21,000
18,600

Revenue 1

20
17
12
15

EBIT 1

N/A
N/A
N/A
N/A

EBITDA 1

N/A
N/A
N/A
N/A

1 numbers are in millions

  • RepRisk Indicator (last month):  24

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

Other resources

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100:
  • BrandZ Top 100 Most Valuable US Brands:
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies:
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions

Latest news about mastercard

5 February 2020 - 12:00

Mastercard pulls out of Facebook’s Libra project

Mastercard CEO, Ajay Banga has pulled out of Facebook’s proposed cryptocurrency, Libra. Detailing the reasons why Mastercard has ditched the ‘stable-coin’ project, Banga blames three main concerns over compliance, monetisation and generally Facebook’s tight-fisted grip over the project.

› source:  itnewsafrica.com, by Jenna Cook