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Beyond the Transaction: Every Transaction Has a Story

Mastercard Named One of the 2017 World’s Most Ethical Companies

Getting recognized by any industry for your work is a great honor, but it’s an especially proud moment when the company for which you work for is deemed as one of the “World’s Most Ethical.” Mastercard places a premium on trust and we uphold this as one of our driving Values. Our Code of Conduct states: “At Mastercard, our success is directly tied to our reputation and the trust people place in our brand… Having a strong sense of right and wrong is the foundation of that trust. It goes to the very core of who we are, what we do and how we do it.”WME_2017_color_rgb

For the second year in a row, Mastercard has been recognized by the Ethisphere Institute as just that – doing the right thing, always. More specifically, the World’s Most Ethical Companies program is awarded for three reasons:

  • Promoting ethical business standards and practices internally;
  • Enabling managers and employees to make good choices;
  • Shaping future industry standards through best practices

But what does it mean to be a “World’s Most Ethical Company” for us at Mastercard?

  • It takes a village. First, it’s an award shared by all Mastercard employees; it takes all of us working together to achieve such recognition, and at the same time, just one person to potentially tarnish the reputation of a company.
  • We walk the talk. It’s an illustration of our commitment to doing business the right way all the time. Our leadership sets the right ethical tone, promoting and rewarding doing business the right way.
  • We don’t sit still. We are always revisiting our policies to ensure they make sense for our ever-changing world through compliance tools and ethics awareness training. For example, we recently launched a new online disclosure and pre-approval tool to streamline our process and provide increased metrics, and we constantly refresh our training materials to make them more innovative and engaging.
  • Fostering the culture. As a company, we are focused on building and maintaining an environment where employees feel comfortable and responsible to speak up, whether it is to ask a question or to raise a concern. As such, our collective success is directly tied to our commitment to our ethical values.

This is why I am a proud employee of Mastercard. Congratulations, team!

Want to know what other companies made the list this year? Check it out here.