Tag: Mastercard

World Bank Group joins African Development Bank Group and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy (MADE) Alliance: Africa

Stuart Mitchell

The World Bank Group has signed on as co-chair of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa, an initiative aiming to provide digital access to critical services for 100 million individuals and businesses across Africa by 2034. The World Bank Group joins current co-chairs and founding members, the African Development Bank Group and Mastercard, aligning collective efforts to deliver critical digital services across the African continent. The MADE Alliance aligns with the World Bank Group’s efforts to accelerate digitalization by expanding access to secure, affordable, high-quality broadband…

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Octopus EV and Mastercard team up to supercharge UK businesses’ transition to EVs

Stuart Mitchell

Octopus Electric Vehicles (‘Octopus EV’), the UK’s leading 100% electric vehicle (‘EV’) leasing company, is teaming up with Mastercard to enable small businesses to benefit from its salary sacrifice scheme, which helps businesses and employees switch to electric vehicles.   Through the Mastercard Business Bonus programme, small business cardholders can sign up to Octopus EV’s innovative salary sacrifice scheme and offer their employees an additional £100 charging credit when ordering an electric car.  Salary sacrifice allows employees to lease new or nearly new EVs by sacrificing part of their pre-tax salary, unlocking savings of…

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Mastercard accelerates sustainable card efforts

Stuart Mitchell

Mastercard has announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028. This move further reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way to reduce the environmental impact of their wallet. From January 1, 2028, all newly–produced Mastercard plastic payment cards will be made from more sustainable materials – including recycled or bio-sourced plastics such as rPVC, rPET, or PLA1 – and approved through a certification program, in a first move…

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Healrworld Partners With Mastercard To Launch First Ever United Nations SDG-Focused Corporate Debit Card

Stuart Mitchell

HEALRWORLD, a social impact, for profit ESG Fintech, unveils its new corporate debit card at CC Forum – an investment conference which is 100% dedicated to investment in sustainability. In collaboration with Mastercard and its Priceless Planet initiative, RailSR, Toqio, and Penrose Digital, the HealRWorld corporate debit card will be the first of its kind to reward sustainable businesses and promote their commitment to the United Nations Sustainable Development Goals (UNSDGs).   The card is powered by HealRWorld’s proprietary sustainability data on global small and mid-sized businesses (SMEs), which indicates that…

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Mastercard Advances Social and Environmental Commitments, Outlining Progress in Annual Sustainability and DEI Reports

Stuart Mitchell

Mastercard released its 2021 Corporate Sustainability and Diversity, Equity, and Inclusion (DEI) reports, highlighting the company’s impact across Environmental, Social and Governance (ESG) to build a sustainable and inclusive digital economy where everyone prospers. This work is bolstered by Mastercard’s recent announcement to link compensation for all employees to ESG priorities for the company. “Building a more sustainable and inclusive world is both challenging and much needed,” says Michael Miebach, chief executive officer, Mastercard. “Our annual Sustainability and DEI reports show our progress in making a positive impact – as…

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