Market Overview

Mastercard Sustainability Report Highlights Progress Towards a More Inclusive and Resilient World

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Mastercard today published its 2017
Corporate Sustainability Report
, highlighting the ways in which the
company is delivering on its commitment to be a force for good in the
world.

The company broke new ground this year in its social impact efforts,
allocating $500 million from tax savings to advance inclusive growth. It
has already contributed an initial $100 million to those initiatives. It
also gained industry-first approval for its science-based target to
reduce greenhouse gas (GHG) emissions.

"We have long believed that doing good for society helps us do well as a
company," said Kristina Kloberdanz, chief sustainability officer,
Mastercard. "This sense of purpose is reflected in how we bring to life
our vision of a ‘World Beyond Cash.' I'm proud of our progress and
excited about the ongoing impact we can and will have on the areas that
matter to our business and stakeholders."

The report reflects topics related to two priorities: influence on
business success and importance to external stakeholders.

Among the environmental, social and governance highlights over the past
year are:

  • Inclusive Growth: creating a more inclusive world through
    our products, programs and partnerships
    • As of 2017, Mastercard has reached 330 million people previously
      excluded from financial services (goal to reach 500 million by
      2020) through initiatives in over 60 countries.
    • Launched three new financial inclusion products – Jaza Duka,
      Mastercard Farmers Network, and Kionect – to help farmers,
      entrepreneurs and small businesses thrive using digital financial
      tools.
    • Funded 55 million meals in partnership with the World Food
      Programme through donations by employees, cardholders and
      customers.
  • Inspired Workforce: building a world-class culture of
    high-performing employees who innovate using their hearts and minds
    • Expanded "Relaunch Your Career" and parental leave programs to
      help individuals restart their careers after a break, and support
      employees during the birth or adoption of a child.
    • Increased number of paid volunteer days to five. Nearly 3,000
      employees contributed over 60,000 hours to support almost 2,000
      organizations.
    • Launched "Pay it Forward" program in partnership with Mercy Corps
      as a new way for employees to use their knowledge and skills to
      help vulnerable communities.
  • Environmental Stewardship: responsibly managing our
    environmental footprint and creating environmentally conscious
    solutions
    • Became first payments player recognized by the Science Based
      Targets initiative (SBTi) for committing to 20 percent reduction
      in greenhouse gas emissions by 2025.
    • Achieved 100 percent renewable energy across global operations,
      and 73 percent of office space has earned a green building
      certification.
    • Diverted 100 percent of electronic waste and 62 percent of global
      waste from landfills.
  • Ethical and Responsible Standards: acting responsibly and
    with integrity, guided by the highest standards of ethical behavior
    • Launched the Fusion Center, a cross-functional security and
      intelligence center that unites all of our cyber and physical
      security defenses.
    • Grew network of technology hubs and innovation labs with opening
      in India and expansion in New York City.

Mastercard has been widely recognized for its efforts to do well by
doing good. Honors include Ethisphere's World's Most Ethical Companies,
DiversityInc's Top 50 Companies for Diversity, the Human Rights
Campaign's Best Place to Work for LGBTQ Equality, Fatherly's Best Places
to Work for New Dads, and the Committee Encouraging Corporate
Philanthropy's Force for Good award.

The report was prepared according to the Global Reporting Initiative
(GRI) Standards, the most widely recognized framework for sustainability
reporting.

For more information and to view Mastercard's 2017 Corporate
Sustainability Report, please visit: https://www.mastercard.us/en-us/about-mastercard/corp-responsibility.html.

About Mastercard

Mastercard (NYSE: MA), www.mastercard.com,
is a technology company in the global payments industry. Our global
payments processing network connects consumers, financial institutions,
merchants, governments and businesses in more than 210 countries and
territories. Mastercard products and solutions make everyday commerce
activities – such as shopping, traveling, running a business and
managing finances – easier, more secure and more efficient for
everyone. Follow us on Twitter @MastercardNews,
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