Company Directory - Mastercard Incorporated
Company Details - Mastercard Incorporated
Mastercard Incorporated
WebsitePurchase, United States
ISIN: US57636Q1040
Mastercard Incorporated is a multinational financial services corporation that facilitates electronic payments between the banks of merchants and the card-issuing banks. The company provides innovative payment technologies and solutions worldwide, helping to connect consumers, businesses, and governments through secure electronic transactions.
CCI Score
CCI Score: Mastercard Incorporated
0.91
Latest Event
Shareholder Vote on Banning Payments to Far-Right Groups
Amid pressure from liberal activist groups, Mastercard faces a contentious shareholder vote this summer over proposals to ban payments to far-right groups. The proposed measure, which includes establishing a human rights committee, aims to prevent the company's financial services from being used to legitimize extremist ideologies. However, Mastercard's board has declined the proposal, raising concerns about its commitment to ethical business practices and public accountability.
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OBJECTOR
Mastercard Incorporated is currently rated as an Objector.
Latest Events
- JUN252025
Amid pressure from liberal activist groups, Mastercard faces a contentious shareholder vote this summer over proposals to ban payments to far-right groups. The proposed measure, which includes establishing a human rights committee, aims to prevent the company's financial services from being used to legitimize extremist ideologies. However, Mastercard's board has declined the proposal, raising concerns about its commitment to ethical business practices and public accountability.
-40
Public and Political Behavior
March 25
Mastercard's refusal to implement a dedicated human rights committee in the face of activist pressure indicates a lapse in its public and political behavior. By not decisively distancing itself from extremist networks, the company risks indirectly legitimizing far-right groups, which critics argue contributes to the rise of authoritarianism.
Mastercard faces shareholder vote that could force it to ban payments to far right groups
-30
Business Practices and Ethical Responsibility
March 25
By opting not to adopt measures aimed at cutting off financial services to far-right groups, Mastercard demonstrates a concerning stance in its business practices. The decision, seen as a reluctance to take ethical responsibility for the potential misuse of its payment network, reflects negatively on the company’s commitment to maintaining corporate responsibility amid rising authoritarian influences.
Mastercard faces shareholder vote that could force it to ban payments to far right groups
- APR022025
In response to stiff competition from Visa’s $100 million bid to secure the Apple Card network, Mastercard Inc. is exploring the use of its fintech partner Finicity to allow consumers to view their deposit-account balances within the Apple ecosystem, aiming to retain its role in the Apple Card program.
- APR012025
OpenSecrets data indicates that MasterCard Inc raised $517,207 in political contributions during the 2023-2024 election cycle. This activity, tracked through the company's PAC profile, reflects its engagement in the political process and raises questions about corporate influence in democratic accountability.
-10
Political Contributions and Lobbying Efforts
April 2
The contribution amount of $517,207, while moderate, underscores MasterCard's active role in political financing. From an anti-fascist perspective, corporate involvement in political spending is concerning as it can facilitate undue influence over democratic processes even if there is no explicit support for authoritarian or far‑right groups.
- MAR102025
Mastercard agreed to pay $26 million to settle a pay discrimination lawsuit alleging inequitable compensation practices affecting female, Black, and Hispanic employees. As part of the settlement, the company will make annual pay equity audits public and hire an industrial organizational psychologist to evaluate its workplace for bias, aiming to redress past discriminatory practices.
+70
Labor Relations and Human Rights Practices
April 2
The settlement and the accompanying remedial measures signal a significant step towards addressing longstanding pay discrimination issues. By agreeing to public annual pay equity audits and an external evaluation of its career ecosystem, Mastercard demonstrates a commitment to enhancing worker rights and promoting an equitable work environment for marginalized groups.
- FEB192025
An OpenSecrets profile reveals Mastercard's political activities during the 2024 cycle, detailing $796,349 in contributions, $5,210,000 in lobbying expenditures, and a notable revolving door effect with a significant number of lobbyists being former government employees.
-60
Political Contributions and Lobbying Efforts
April 2
Mastercard's significant lobbying spend of $5,210,000 and the revolving door phenomenon, where many lobbyists are ex-government officials, highlight a strong engagement in political influence that raises concerns over undue corporate sway in democratic processes.
- FEB062025
MasterCard contributed $252,000 to federal candidates in the 2023-2024 election cycle, a demonstration of its involvement in political financing as documented by OpenSecrets.
-40
Political Contributions and Lobbying Efforts
April 2
MasterCard's donation of $252,000 through its PAC to federal candidates, although transparently reported, underscores the company's role in channeling corporate funds into the political arena. Such financial contributions can enhance corporate influence over policy decisions, potentially undermining democratic accountability and contributing to an environment where corporate interests may align with authoritarian tendencies.
MasterCard Inc PAC Contributions to Federal Candidates • OpenSecrets
- JAN172025
Mastercard reached a $26M settlement to resolve a class action lawsuit alleging discriminatory employment practices against female, Black, and Hispanic workers, while also agreeing to review and adjust its hiring and promotion policies.
-50
Labor Relations and Human Rights Practices
March 25
The settlement arises from allegations that Mastercard engaged in discriminatory employment practices by favoring male and white candidates over female, Black, and Hispanic applicants. This behavior undermines workers' rights and perpetuates systemic inequality, directly aligning with concerns over labor rights and human dignity within the anti-fascist framework. While the company has agreed to review its policies moving forward, the negative historical practices warrant a substantial negative score.
$26M Mastercard Settlement Aims to Resolve Lawsuit Over Employment Discrimination Claims
- JAN152025
In January 2025, Mastercard Inc. settled a $26 million class-action lawsuit addressing allegations of sex, gender, race, and ethnicity-based employment discrimination. The settlement, which affected around 7,500 employees, underscores systemic issues in labor practices and human rights within the company.
-60
Labor Relations and Human Rights Practices
March 25
The settlement over discrimination claims reveals that Mastercard engaged in practices that systematically undervalued and mistreated female, Black, and Hispanic employees. From an anti-fascist perspective, such labor practices contribute to systemic oppression and reinforce authoritarian structures by marginalizing already disadvantaged groups.
Mastercard Settles Discrimination Claims for $26 Million, Promises Hiring Practice Overhaul
- JAN152025
Mastercard agreed to a $26 million settlement and will implement workplace audits along with hiring an industrial psychologist to review its compensation and promotion systems. This action comes in response to allegations that the company systematically underpaid female, Black, and Hispanic employees, contributing to longstanding equity issues.
+80
Labor Relations and Human Rights Practices
April 2
By settling a $26 million pay equity lawsuit and committing to proactive measures such as workplace audits and hiring an industrial psychologist, Mastercard is taking significant steps to address discriminatory pay practices affecting female, Black, and Hispanic employees. This action supports improved labor relations and human rights practices, as well as accountability for systemic bias in compensation, aligning with anti-authoritarian and progressive labor values.
Mastercard settles $26m pay equity lawsuit, commits to workplace audits
- JAN142025
Mastercard agreed to pay $26 million to settle a class action lawsuit alleging pay discrimination against female, Black, and Hispanic employees. The settlement includes nonmonetary measures such as conducting annual pay equity audits for three years and hiring a psychologist to review its career framework, aiming to create a more equitable workplace.
+30
Labor Relations and Human Rights Practices
April 2
The settlement addresses longstanding allegations of discriminatory pay practices against marginalized groups by committing to structural reforms like annual pay equity audits and a comprehensive review of career processes. While the need for these measures highlights past inequities, the remedial actions indicate a positive step toward improving labor relations and human rights practices.
Mastercard agrees to pay $26M to settle discrimination lawsuit
- JAN142025
On January 14, 2025, Mastercard agreed to a $26 million settlement in a class action lawsuit alleging race and gender discrimination, addressing longstanding issues of unequal pay and advancement for female, Black, and Hispanic employees.
-70
Labor Relations and Human Rights Practices
March 25
Mastercard's settlement following a two-year legal battle over claims of systemic racial and gender discrimination demonstrates significant failings in fair labor practices. This event underscores issues in underpaying and undervaluing minority and female employees, contributing to oppressive workplace practices. Although the settlement and new initiatives (like conducting pay equity audits and hiring a psychologist to assess bias) are steps towards reform, the underlying discriminatory practices still reveal deep-rooted issues reflective of complicity in perpetuating inequalities.
Mastercard settles race and gender discrimination suit for $26 million
- JAN012025
Mastercard Inc. has released a detailed human rights statement outlining its commitment to uphold international human rights norms across its operations. The statement emphasizes policies on fair labor practices, non-discrimination, ethical supply chain management, data privacy, and inclusive growth. It highlights Mastercard's adherence to standards such as the UN Global Compact and a robust Supplier Code of Conduct, underpinning its responsibility to employees, suppliers, and other stakeholders.
+80
Labor Relations and Human Rights Practices
April 2
The statement underscores Mastercard's commitment to upholding human rights and fair labor practices through comprehensive policy measures, employee training, and internal accountability systems. By explicitly addressing non-discrimination, workplace safety, and respect for employee rights, the company demonstrates a proactive stance that aligns with anti-fascist and progressive values.
+70
Supply Chain Ethics
April 2
The released statement also outlines rigorous standards for its supply chain, including a Supplier Code of Conduct aimed at preventing modern slavery and ensuring ethical practices. This commitment to responsible sourcing and supplier engagement supports broader efforts to promote human rights throughout its extended network.
- JAN012025
Mastercard released a comprehensive corporate governance report detailing its ethics helpline, data privacy protections, and transparent political contributions and lobbying practices. The report emphasizes ethical business practices and strict compliance in public and political engagements.
+40
Public and Political Behavior
April 2
The report demonstrates Mastercard's commitment to transparency in its political activities by disclosing its lobbying efforts, political contributions, and public policy engagements. This proactive disclosure supports accountability and helps counter hidden authoritarian influences by ensuring regulatory compliance and open communication with stakeholders.
+50
Business Practices and Ethical Responsibility
April 2
Mastercard's disclosure highlights robust ethical practices including an accessible Ethics Helpline, strong data privacy controls, and measures to prevent retaliation. These initiatives promote corporate accountability and worker rights, which align with anti-fascist principles by safeguarding marginalized communities and supporting transparency.
- DEC312023
Mastercard published its 2023 Modern Slavery and Human Trafficking Statement, detailing its efforts to assess and address modern slavery risks in its global operations and supply chains in compliance with the UK Modern Slavery Act 2015 and the Australian Modern Slavery Act 2018. The statement outlines robust supplier standards, ethical labor practices, human rights commitments, and comprehensive training and grievance mechanisms.
+70
Labor Relations and Human Rights Practices
April 2
The statement reflects a strong commitment to labor relations and human rights. By publicly disclosing efforts to eradicate forced labor and human trafficking, implementing an Employee Code of Conduct, and ensuring non-discrimination and fair treatment of employees, Mastercard demonstrates proactive measures that protect worker rights and marginalized groups.
PDF Mastercard Modern Slavery and Human Trafficking Statement
+65
Supply Chain Ethics
April 2
Mastercard's comprehensive Supplier Code of Conduct and due diligence processes reflect positive supply chain ethics. By ensuring that suppliers adhere to high standards of human rights and labor practices, the company mitigates risks of modern slavery and contributes to a more ethical global supply chain.
PDF Mastercard Modern Slavery and Human Trafficking Statement
- DEC312023
Mastercard has issued a comprehensive Modern Slavery & Human Trafficking Statement for the fiscal year ended December 31, 2023, detailing its policies, training programs, supplier due diligence, and ethical standards to mitigate the risks of modern slavery and human trafficking in its operations and global supply chain.
+80
Labor Relations and Human Rights Practices
April 2
Mastercard’s statement outlines robust commitments to labor relations and human rights practices, including mandatory ethical training, adherence to a strict Code of Conduct, and comprehensive internal policies. This proactive approach demonstrates a strong commitment to protecting workers' rights and mitigating modern slavery risks.
Modern Day Slavery & Human Trafficking Statement | Mastercard
+80
Supply Chain Ethics
April 2
The statement sets high ethical standards for its suppliers through a stringent Supplier Code of Conduct that mandates compliance with anti-slavery practices and labor laws, ensuring that human rights are upheld throughout its global supply chains.
Modern Day Slavery & Human Trafficking Statement | Mastercard
- DEC312023
OpenSecrets data shows that Mastercard Inc. spent $4,200,000 on federal lobbying during the 2023 cycle. This expenditure reflects the company's active engagement in influencing policy, which raises concerns about prioritizing corporate interests over public accountability.
-50
Political Contributions and Lobbying Efforts
April 2
Spending $4.2 million on lobbying indicates a significant investment in influencing political processes. From an anti-fascist perspective, this behavior may contribute to corporate overreach in policy-making and undermine democratic accountability, aligning the company with entrenched power structures.
- JUN252023
At its upcoming annual shareholder meeting on June 25, activist group SumOfUs is campaigning for a resolution that would establish a human rights committee to ban payment services to far-right groups. Mastercard’s Board, however, maintains that such a committee is unnecessary, raising concerns that the company is indirectly legitimizing extremist groups.
-50
Public and Political Behavior
April 2
Mastercard’s decision to reject the activist proposal for a human rights committee suggests a reluctance to challenge the financial flows that may benefit far‑right extremist groups. This inaction in the public and political sphere casts doubt on the company’s commitment to countering authoritarian influences.
Mastercard faces shareholder vote that could force it to ban payments to far right groups
-40
Business Practices and Ethical Responsibility
April 2
By resisting the demand to set up a human rights committee, Mastercard appears to prioritize established financial procedures over addressing the ethical implications of processing payments to extremist groups. This business practice raises concerns about the company’s ethical responsibility.
Mastercard faces shareholder vote that could force it to ban payments to far right groups
- JAN012023
OpenSecrets data indicates that during the 2023-2024 election cycle, 665 individuals made large contributions ($200+) to the Mastercard Inc PAC. This data highlights the significant role of corporate-affiliated political financing in influencing electoral and policy outcomes.
-40
Political Contributions and Lobbying Efforts
April 2
The reported concentration of large contributions to the Mastercard Inc PAC signals the use of corporate political financing to exert influence over political processes. Such mechanisms, which often favor the interests of powerful corporate actors, can undermine democratic accountability and contribute to oligarchic control, a concern from an anti-fascist perspective.
- JUL292021
During the Q2 earnings call on July 29, 2021, Mastercard CEO Michael Miebach warned regulators and lawmakers that renewed enforcement of debit fee and potential credit fee regulation could harm middle-class Americans by limiting access to credit. His comments were aimed at influencing regulatory discussions and protecting corporate interests against measures intended to benefit consumers.
-50
Executive Political Engagement
April 2
The CEO's public warning during the earnings call represents an instance of executive political engagement where he attempts to influence regulatory policy in favor of corporate interests. This pushback against potential consumer-protective regulation is viewed negatively from an anti-authoritarian perspective, as it prioritizes corporate profit over measures that could safeguard middle-class citizens.
Mastercard’s CEO Warns Regulators to Understand the Consequences of Their Actions
- JAN122021
Mastercard announced that it is immediately suspending its PAC contributions to members of Congress who voted to object to the certification of the 2020 Presidential election results. The internal memo emphasized the need for decency and a smooth transition of power, marking a clear stance against those undermining democratic processes.
+80
Political Contributions and Lobbying Efforts
April 2
By suspending political contributions to lawmakers who objected to certifying the election results, Mastercard is taking a proactive stand in defense of democratic norms and against authoritarian impulses. This decision marks a significant public and political behavior change aimed at underscoring the importance of upholding the will of the people.
Mastercard joins growing chorus of disapproval over GOP attempts to overturn election results
- JUN302019
Mastercard's investor relations page provides archived disclosures of political activities, detailing dues or other payments to trade associations, 501(c4) or similar non-profit organizations used for political contributions and independent expenditures during January to June 2019. The publication is part of the company's efforts to maintain transparency in its political contributions.
+50
Political Contributions and Lobbying Efforts
April 2
The publication of archived political activity disclosures demonstrates a commitment to transparency in political contributions and lobbying efforts. While the disclosures confirm that Mastercard engaged in political financial activities, the act of making these records publicly available supports accountability and investor scrutiny, which is a positive anti-fascist practice by ensuring transparency in corporate political behavior.
- JUN252019
Activist shareholders pushed for a proposal to create an oversight committee monitoring Mastercard’s processing of payments for white supremacist and far‑right extremist groups. Despite the proposal's aim to enhance corporate accountability over hate group funding, Mastercard's board campaigned for a vote against it and attempted to block the measure through SEC intervention.
-40
Public and Political Behavior
April 2
Mastercard’s board urged shareholders to vote against a proposal that aimed to monitor payments to extremist groups. This move illustrates a prioritization of profits over public accountability and efforts to reduce financial support for hate groups, undermining democratic oversight.
Renegade Shareholders Have A Plan To Force Mastercard To Monitor Neo-Nazis
-30
Business Practices and Ethical Responsibility
April 2
By continuing to process payments for multiple extremist groups and attempting to quash oversight measures, Mastercard demonstrates a disregard for ethical business practices and responsibility to mitigate the funding of hate-driven activities.
Renegade Shareholders Have A Plan To Force Mastercard To Monitor Neo-Nazis
- MAY042019
Reports indicate that MasterCard, with the SEC's approval, is advancing an initiative to block payments to customers with far‑right views. The company is reportedly establishing an internal human rights committee to monitor transactions to groups including white supremacist and anti‑Islam activists. This move, driven by pressure from left‑leaning activists, is intended to curb funding for extremist ideologies.
+50
Public and Political Behavior
April 2
MasterCard's decision to censor payments to far‑right extremist groups aligns with efforts to restrict funding for oppressive ideologies. By taking a stance that limits the financial capacity of such groups, the company is engaging in public and political behavior that supports anti‑fascist values.
+50
Business Practices and Ethical Responsibility
April 2
The move to form an internal human rights committee demonstrates a commitment to ethical business practices. By proactively setting policies to restrict transactions to extremist groups, MasterCard is taking steps to align its business practices with progressive social responsibility and ethical standards.
+30
Technology and Services Impact
April 2
By leveraging its digital payment infrastructure to selectively block transactions to extremist organizations, MasterCard is using its technological capabilities to promote a socially responsible objective. This use of technology is intended to prevent financial flows that could empower fascist movements.
- MAY012019
Activists have compelled Mastercard to hold a shareholder vote on a proposal to create a board-level human rights committee aimed at monitoring and possibly cutting off payments to far‐right hate groups. The company’s refusal to adopt additional oversight measures raises concerns about its role in indirectly facilitating extremist financial flows.
-30
Public and Political Behavior
March 25
Mastercard’s current policies and board stance, as highlighted by the activist-led shareholder vote, demonstrate a lack of proactive measures aimed at preventing the potential flow of funds to far‐right and hate groups. The company’s reluctance to establish an independent human rights committee suggests a tolerance for practices that may enable extremist networks.
-40
Business Practices and Ethical Responsibility
March 25
By opposing the creation of an independent human rights committee at a critical juncture, Mastercard demonstrates inadequate commitment to ethical oversight in its business practices. This shortfall potentially allows the processing of transactions that benefit extremist organizations, reflecting a broader neglect of ethical responsibility in corporate operations.
- MAY012019
Activists, notably SumOfUs, have forced Mastercard to hold a shareholder vote on a proposal to establish a board-level human rights committee intended to monitor and potentially cut off financial transactions with designated hate groups. Despite evidence suggesting Mastercard’s services are being used by far‑right organizations, the company’s board has opposed the creation of such a committee.
-60
Public and Political Behavior
April 2
Mastercard's board and executives have resisted activist demands for increased oversight by rejecting the formation of a human rights committee. This stance overlooks credible concerns about their platform inadvertently facilitating payments to hate groups, reflecting a negative commitment to public accountability and political responsibility.
-50
Business Practices and Ethical Responsibility
April 2
By opting against the establishment of a separate human rights committee—despite rising pressure from activists and evidence of facilitating transactions to far‑right groups—Mastercard demonstrates a reluctance to reform its business practices in light of ethical concerns. This decision is seen as a failure to address potential abuses within its payment network.
- MAY012019
Activists, led by SumOfUs, forced Mastercard to put a shareholder vote on a proposal to establish a human rights committee at board level. The proposed committee would oversee the tracking of financial transactions with groups linked to hate and far-right ideologies. Despite resistance from Mastercard’s board, the move marks a significant step driven by activist pressure to curb funding to extremist organizations.
+40
Public and Political Behavior
April 2
The shareholder vote, forced by sustained activist pressure, signals a move towards greater corporate accountability in monitoring financial flows to far-right groups. Although the board opposed the proposal, the fact that shareholders are given a chance to decide reflects a corrective intervention driven by anti-fascist activism. This event supports anti-authoritarian principles by potentially limiting the funding channels for extremist groups.
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Corporate Financials
- Revenue
- 2025
- $24.00B
- Total Assets
- 2025
- $53.00B
Industries
- 522210
- Credit Card Issuing
- 522320
- Financial Transactions Processing, Reserve, and Clearinghouse Activities
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