Company Directory - Mastercard
Company Details - Mastercard
Mastercard
WebsitePurchase, United States
ISIN: US57636Q1040
Mastercard is a global payment technology company that connects consumers, businesses, and financial institutions through their secure payment network. They are focused on innovation and are actively working with companies to utilize artificial intelligence to enhance shopping experiences and facilitate payments.
CCI Score
CCI Score: Mastercard
-11.88
0.05%
Latest Event
Mastercard Implements Policy to End Third-Party Influence on Marketing Decisions
In response to investor pressure and criticism over its previous involvement in a global network that censored conservative speech through GARM, Mastercard announced that it will soon release a policy stating that third-party opinions will no longer affect its branding and marketing decisions. This move comes after discussions with Alliance Defending Freedom and marks a departure from practices that once aligned the company with externally influenced censorship strategies.
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ENABLER
Mastercard is currently rated as an Enabler.
Latest Events
- APR032025
In response to investor pressure and criticism over its previous involvement in a global network that censored conservative speech through GARM, Mastercard announced that it will soon release a policy stating that third-party opinions will no longer affect its branding and marketing decisions. This move comes after discussions with Alliance Defending Freedom and marks a departure from practices that once aligned the company with externally influenced censorship strategies.
+40
Media Influence and Propaganda
May 1
Mastercard's new policy to independently determine its marketing strategy represents a positive shift away from its past involvement in censorship efforts under GARM. By rejecting third-party influence on branding decisions, the company is reducing its role in leveraging media influence for political or ideological ends, which is viewed as a step toward greater corporate independence and free expression.
Mastercard, Facing Pressure Over Role In Global Censorship Effort, Agrees To Major Change
- FEB062025
An OpenSecrets profile reveals that Mastercard contributed $796,349 and spent $5,210,000 on lobbying in the 2024 election cycle, with key data points released in early 2025. This event underscores the company's significant involvement in political finance.
-40
Political Contributions and Lobbying Efforts
May 1
Mastercard's sizable lobbying expenditures alongside its campaign contributions demonstrate a strong engagement in the political process. From an anti-fascist perspective, such substantial political spending can be viewed as an effort to shape policy in ways that may undermine democratic accountability and could indirectly support authoritarian outcomes.
- JAN142025
Mastercard agreed to pay $26 million to settle a longstanding discrimination lawsuit alleging that the company underpaid roughly 7,500 female, Black, and Hispanic employees since 2016. As part of the settlement, Mastercard did not admit wrongdoing but agreed to annual pay equity audits and to hire a psychologist to review workplace bias.
-80
Labor Relations and Human Rights Practices
May 1
The settlement highlights significant labor rights and human rights issues as it confirms long-term discriminatory pay practices affecting female, Black, and Hispanic employees. This action reflects a failure to ensure equitable labor practices, undermining marginalized communities.
Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million
- SEP252024
A recent article reports that Mastercard, along with Visa, has spent millions to oppose legislative efforts embodied in the Credit Card Competition Act, which aimed to reduce swipe fees and foster competition in the credit card market. This political maneuver is seen as an effort to maintain the current duopoly and protect exorbitant fee practices affecting merchants and consumers.
-60
Political Contributions and Lobbying Efforts
May 1
The article details that Mastercard spent millions to block the Credit Card Competition Act, a move that undercuts potential market reforms aimed at lowering fees and increasing competition. This significant financial effort to influence legislation reflects a negative stance in terms of corporate responsibility and public policy, aligning with low ethical standards and contributing to market inequity.
Top Credit Card Issuers Visa and Mastercard Spend Millions to Block Industry Competition
- DEC312023
Mastercard has published a detailed statement outlining its comprehensive measures to address modern slavery and human trafficking risks in its operations and supply chains. The statement emphasizes robust employee protection, supplier due diligence, training programs, and contractual obligations designed to enforce ethical standards and prevent forced labor.
+80
Labor Relations and Human Rights Practices
May 1
The published statement highlights Mastercard's strong commitment to upholding labor rights and human rights practices through detailed employee policies, mandatory training, and ethical standards, which effectively mitigate risks of forced labor and exploitation.
Modern Day Slavery & Human Trafficking Statement | Mastercard
+80
Supply Chain Ethics
May 1
The statement includes clear guidelines and contractual obligations for suppliers to adhere to ethical practices, ensuring supply chain transparency and compliance with human rights standards, which is a critical step in preventing modern slavery.
Modern Day Slavery & Human Trafficking Statement | Mastercard
- DEC312023Mastercard Releases Modern Slavery and Human Trafficking Statement with Robust CSR Commitments
69.42
Mastercard published its detailed Modern Slavery and Human Trafficking Statement outlining comprehensive policies to combat modern slavery in its operations and across its supply chain. The document highlights due diligence efforts, a strict Supplier Code of Conduct, mandatory employee training, and grievance procedures that underscore the company's commitment to human rights and ethical labor practices.
+80
Labor Relations and Human Rights Practices
May 1
The statement clearly demonstrates Mastercard's commitment to upholding human rights and protecting workers through comprehensive policies, including non-discrimination, fair labor practices, and enhanced employee protections, which align with progressive and anti-fascist values.
PDF Mastercard Modern Slavery and Human Trafficking Statement
+80
Supply Chain Ethics
May 1
The document outlines rigorous ethical sourcing standards and supplier due diligence measures through its Supplier Code of Conduct, ensuring that supply chain practices are aligned with anti-authoritarian and human rights principles.
PDF Mastercard Modern Slavery and Human Trafficking Statement
- OCT012023
An activist group, SumOfUs, has launched a petition campaign demanding that Mastercard, along with Visa and PayPal, block funds that could be facilitating extremist and white supremacist activities. Critics claim that by allowing such transactions, Mastercard indirectly profits from hate-based funding.
-40
Public and Political Behavior
May 1
The article highlights that a prominent watchdog, SumOfUs, is pressuring Mastercard to halt processing payments that could be funding extremist groups. This reflects negatively on the company’s public and political behavior by suggesting a degree of complicity in enabling hate-driven activities.
Visa, MasterCard, PayPal Under Pressure To Halt Extremist Funding
-30
Business Practices and Ethical Responsibility
May 1
By reportedly processing funds that extremists might use, Mastercard faces criticism over its ethical business practices. The pressure from SumOfUs underscores concerns regarding the company’s role in financially enabling activities that can contribute to social and political harm.
Visa, MasterCard, PayPal Under Pressure To Halt Extremist Funding
- AUG302023
An ACLU report criticizes Mastercard for enforcing vague and ambiguous policy requirements that have led to censorship, adversely affecting sex workers and other marginalized communities. The report argues that these policies hinder access to financial services for legally operating adult work and contribute to systemic discrimination.
-60
Labor Relations and Human Rights Practices
May 1
The article outlines how Mastercard's unclear policy framework results in the censorship of sex workers, a vulnerable group, undermining worker rights and contributing to discrimination against marginalized communities. This business practice is seen as harmful to human rights and ethical responsibility.
- JUN252023
At its upcoming annual shareholder meeting on June 25, a liberal activist group backed by SumOfUs is set to hold a vote aiming to create a human rights committee tasked with halting payments to far-right extremist groups. Mastercard, however, has dismissed the need for such a committee, effectively signaling its reluctance to change its payment practices despite concerns that continuing such payments may legitimize extremist ideologies.
-40
Public and Political Behavior
May 1
Mastercard’s decision to reject the proposal for a human rights committee, despite pressure from activist shareholders aiming to cut off payments to far-right groups, indicates a missed opportunity to actively counter the financial channels that can bolster extremist ideologies. From an anti-fascist perspective, this inaction is seen as a failure to challenge corporate complicity in enabling right-wing extremism.
Mastercard faces shareholder vote that could force it to ban payments to far right groups
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Corporate Financials
- Revenue
- 2022
- $20.00B
- Total Assets
- 2022
- $47.00B
- Operating Income
- 2022
- $6.40B
- Total Equity
- 2022
- $17.00B
Employees: 23,000
Industries
- 522210
- Credit Card Issuing
- 522320
- Financial Transactions Processing, Reserve, and Clearinghouse Activities
- 522390
- Other Activities Related to Credit Intermediation