Mastercard is extending its ESG linked remuneration model to all employees globally, having introduced a compensation model at the executive vice president level and above last year. Remuneration will be determined in part by the company’s performance on three ESG priorities: carbon neutrality, financial inclusion and gender pay parity.

The company has also made a commitment to narrow the racial wealth and opportunity gap and, through the Priceless Planet Coalition, aims to plant 100 million trees by 2025. Furthermore, it is partnering with suppliers to increase progress to decarbonisation.

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