Business/Economy

Mastercard marks year of collective action

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29 July 2021 8:45 AM GMT
Mastercard marks year of collective action
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Mastercard on Thursday released its 2020 Corporate Sustainability report highlighting how the company responded to the challenges of last year through innovation and trusted partnerships.Mr Michael Miebach, Chief Executive Officer, Mastercard, in a statement said that the year reinforced how important it was for MasterCard to help those in need.Miebach said this would help them […]

Mastercard on Thursday released its 2020 Corporate Sustainability report highlighting how the company responded to the challenges of last year through innovation and trusted partnerships.
Mr Michael Miebach, Chief Executive Officer, Mastercard, in a statement said that the year reinforced how important it was for MasterCard to help those in need.
Miebach said this would help them to continue to build a more inclusive and sustainable world.


“For us, sustainability means ensuring everyone has the same opportunities to grow and thrive in alignment with the planet.
“This year’s report is a reflection of all that we have achieved and marks an important moment to share the progress we continue to make together,” he said.
According to the report; “MasterCard made a five-year $250 million commitment to provide small businesses with financial tools, technology, products, funding, and data insights necessary to weather the pandemic.


“We launched more than 100 government relief programmes in response to COVID -19 to assist with inclusive recovery around the world.
“We supported workforce with no COVID-19 related layoffs in 2020 and invested in new mental and physical wellbeing policies and programmes.
“We reached the million-girl milestone since the start of our STEM-based Girls4Tech programmes, leading us to commit to engaging five million girls by 2025,” he added.

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