Outlines progress towards an inclusive, sustainable future for people and the planet
Mastercard released its 2020 Corporate Sustainability report, highlighting how the company has responded to the challenges of the last year through innovation and trusted partnerships and is delivering on its mission to build a more inclusive, sustainable world with a digital economy that works for everyone, everywhere.
The entrepreneurial spirit sees opportunity in every day to refresh and reinvent; to reconsider traditional ways of doing business and emerge stronger than before. We believe in those who take risks, chase dreams and put it all on the line – the job creators, innovators, community cornerstones, commercial hubs for local High Streets and so much more.
New Certification And Recycling Programs to Inform Consumer Choice
PURCHASE, N.Y., June 30, 2021 /3BL Media/ According to a recent Mastercard study, 58% of consumers are more mindful of their impact on the environment, with 85% willing to take personal action this year.
By now we know that, although COVID-19 impacted all of us, its real-world reverberations were not equally felt. Women lost more jobs, people of color faced disproportionate exposure and deaths, low-wage workers were forced to prioritize their jobs over their health, and as we reported in February, certain communities felt the economic impacts more than others.
“We need all shoulders against the wheel to stop COVID-19 in its tracks, and this $1.3 billion commitment by the Mastercard Foundation is the kind of effort that can change the trajectory of the pandemic. It will enable millions of people across Africa to receive COVID-19 vaccines. By partnering with Africa CDC and others to solve for every hurdle – from the purchasing, delivery, and dissemination of vaccines, to strengthening institutions and creating jobs – the impact won’t just benefit the continent, it’ll benefit all of us.
To support an equitable recovery, Mastercard has stepped up throughout the global health crisis with a nearly $100 million response that leverages global philanthropy through the Mastercard Impact Fund, as well as digital technology, resources, innovative partnerships and fundraising programs.
1. Acting Early and Quickly through Trusted Partnerships
The two-year program in Latin America will use behavioral science to help build resilient futures as economies continue to recover.
The impact of in-app modifications and notifications on profits, savings, and use of insurance products, considered as the three paths toward financial resilience for small businesses and gig workers, will be studied within digital platforms.
Financial Resilience in Latin America and the Caribbean (English)
Over the next two years, and with the support of The Mastercard Center for Inclusive Growth , the Common Cents Lab will work with digital platforms such as Mercado Libre, the largest e-commerce site in Latin America, to design evidence-based strategies to promote the financial resilience for the most vulnerable entrepreneurs and workers.
Two things that united us during the pandemic were the recognition that small businesses are the lifeblood of our communities, and our collective determination to keep them afloat. But small business owners need support on both sides of the checkout counter.
Join Mastercard's Salah Goss and other financial inclusion experts for a panel discussion on how the pandemic is impacting on women's financial health.
The Disparate Impacts of COVID-19 on Women: Salah Goss, Senior Vice President, Social Impact, North America, Mastercard Center for Inclusive Growth to speak at Financial Health Network's EMERGE.
Join us online June 8-10 from 1:00 PM – 3:00 PM CT each day for EMERGE Financial Health, an immersive virtual event introducing you to the leaders shaping financial health’s future and sharing lessons from the pandemic and recent social unrest that define our roles in a better financial future for all.