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MasterCard Takes Action and Makes Change on International Women’s Day

Did you know according to the World Bank, only 47%  of women worldwide have access to formal financial services? This is one of the biggest challenges women face in economic empowerment.

Today, in honor of International Women’s Day, there is a global effort to take a deeper look into women’s equality issues as well as their social, economic, cultural and political achievements. Here are some of the ways MasterCard is demonstrating a commitment to gender equality and economic empowerment for women.

MasterCard and UN Women Advance Empowerment of Women

In Purchase NY, MasterCard’s CFO, Martina Hund-Mejean signs a Memorandum of Understanding (MOU), with Lakshmi Puri, United Nations Assistant Secretary-General Deputy Executive Director.

In Purchase NY, MasterCard’s CFO, Martina Hund-Mejean signs a Memorandum of Understanding (MOU), with Lakshmi Puri, United Nations Assistant Secretary-General Deputy Executive Director.

UN Women and MasterCard announced a partnership in Purchase NY, to support gender equality and economic empowerment through programs that give women a formal identity and financial tools.

In further support of UN Women, Tara Nathan, Executive Vice President of Public-Private Partnerships, will participate in a United Nations International Women’s Day panel discussion on what a gender equal planet means and how it can become a reality through public-private partnerships.

African Women Leadership Network

In Nairobi, MasterCard and African Women and Beyond (AWAB)  join to launch the Africa Women Leadership Network, designed to draw attention to the importance of financial empowerment of women.

The AWLN will bring together like-minded women from various business sectors to tackle challenges facing women in East Africa, and across the continent.

Women’s Advancement Index (AP)

Earlier last week MasterCard released the 2016 Index on Women’s Advancement (MIWA), as part of MasterCard’s ongoing dedication towards tracking and analyzing women’s progress across 18 markets in Asia/Pacific. Today, an inaugural “Girls in Tech” study released in Asia Pacific looks at the drivers attracting girls in the region to pursue STEM subjects and related careers. And later this week, MasterCard will launch commitment to the UN Women Movement “HeForShe” in the region, engaging men and boys as advocates and agents of change for the achievement of gender equality and women’s rights.

Follow #IWD2016 to learn about the global conversation on empowering women.