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Not just for execs — Mastercard now ties all employee bonuses to ESG goals

In 2021, Mastercard introduced a compensation model for its executives that linked their bonus to the company's performance on its three main ESG goals: carbon neutrality, financial inclusion and gender pay parity.

It's now extending that model to the rest of the company. Starting this year, performance on ESG goals will factor into bonus calculations for all 24,000+ people who work at Mastercard.

Trend Bite

Accountability may start (and end) at the top, but there's no way to accelerate progress like getting everyone involved. By demonstrating its commitment to ESG goals, Mastercard is also more likely to attract and retain employees in a tight labor market. A US study by Gartner in 2020 found that an all-time high of 93% of employees believe companies must lead with purpose. 
11 May 2022

Innovation of the day

Spotted by: Franziska Füsting