Supplier Diversity

Creating A Valuable
Connection

The global marketplace is a remarkably diverse arena. At MasterCard, we believe firmly that in order to address these diverse needs, we must ensure the demographics of our suppliers reflect those of our customers. In 2001, we launched the Supplier Diversity Program so businesses owned by women, minorities and veterans, as well as small businesses, would have equal opportunity to participate in our procurement process.

In addition to making good business sense, this program offers several indisputable benefits:

  • Developing an inclusive, competitive, and enhanced supply chain
  • Enhancing our brand-building efforts
  • Creating a competitive advantage
  • Strengthening the communities in which we operate

The merits of the program can further be seen in its results. Since its inception, we have experienced consistent growth in not only the number of diverse suppliers providing goods and services to MasterCard, but also in the level of our spending with such suppliers.

Additionally, suppliers who subcontract work to minority-, women-, and veteran-owned enterprises, or use such enterprises to provide goods and services contributing to their business, will be viewed as supporting and adding value to the MasterCard Supplier Diversity Program as a tier 2 prime supplier.

Our commitment to supplier diversity runs so deep at MasterCard that we are continually searching for new ways to advance the program.

Some initiatives now under way include:

  • Providing educational opportunities to diverse suppliers who are currently working with us
  • Conducting ongoing supplier education programs with our own employees
  • Reaching out to potential diverse suppliers through advertising and trade fairs among other methods

MasterCard is also a member and active participant in several diverse supplier organizations:

As our program has expanded globally, MasterCard has also become a member of:

Awards

Although it has never been a goal of MasterCard to seek accolades for our Supplier Diversity Program, we are nonetheless proud to have received recognition for our efforts from a number of notable sources. They include honors from DiversityInc and Diversity Plus Magazine.

The stature of MasterCard Worldwide's Global Diversity and Inclusion Council (GDIC) reflects the value the company attaches to diversity. The Supplier Diversity Program at MasterCard is just one element of our broader strategy to address diversity, which we define as a concept that extends beyond gender, ethnicity and age to include different thoughts, skills, experiences and backgrounds. As such, we believe diversity represents the root of the insight needed to develop innovative solutions to our customer's evolving payment needs.

Overseeing the execution of this strategy is the task of our Global Diversity and Inclusion Council (GDIC). Chaired by our Chief Executive Officer, this body acts as essentially a board of directors that provides direction to our Global Diversity Office to ensure the principles of diversity are embedded throughout the organization.

The GDIC's members are drawn from all of the company's business regions: North America; Latin America/Caribbean; Europe; and Asia/Pacific, Middle East and Africa.

They regularly evaluate different programs, partnerships and other proposals that are presented as potential means of enhancing shareholder value.

To learn more about the Global Diversity and Inclusion Council, please visit our Diversity and Inclusion section.

Our wide variety of purchasing opportunities includes business and consulting services, marketing, software and more.

Human Resources

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Telcom

  • Maintenance
  • Mobile Device
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MasterCard looks to several highly respected certifying organizations to assure that we work only with qualified suppliers.

MasterCard is open to partnering with any potential supplier, regardless of its size. However, to be considered a diverse supplier, a company must meet the following basic qualifications:

United States

Diverse Supplier Qualifications

  • Be a for profit enterprise, regardless of size, that is located in the United States or one of its trust territories that is at least 51% owned, operated and controlled by one or more U.S. citizens that identify as an ethnic minority, woman, or veteran.
  • Be recognized by a certifying agency. These agencies include

Small Business Supplier Qualifications

For a company to be considered a small business supplier to MasterCard, it must likewise meet certain qualifications. They are as follows:

  • Be a for-profit enterprise that operates primarily in the United States or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor.
  • Be certified by, and eligible for assistance from, the Small Business Administration.
  • Meet the numerical size standards defined in the Small Business Size Regulations.



United Kingdom

  • Be a for profit enterprise, regardless of size, physically located in the United Kingdom, which is 51% owned, operated and controlled by an ethnic minority or woman.
  • MasterCard works with the following independent agencies to verify the ownership status of businesses (Certification). For information on certification please contact the following agencies:


Canada

  • Be a for profit enterprise, regardless of size, physically located in Canada, which is 51% owned, operated and controlled by a Canadian citizen that identifies as an aboriginal, visible minority or woman.
  • MasterCard works with the following independent agencies to verify the ownership status of businesses (Certification). For information on certification please contact the following agencies:

MasterCard is committed to providing minority-, women-, veteran-owned and small businesses with an opportunity to participate in our procurement processes. Companies that meet the necessary sets of criteria and are interested in exploring opportunities to participate in our procurement processes are invited to visit our website and complete the Online Supplier Profile Form.

While this does not imply a promise of business from MasterCard, we will certainly review your profile and contact you if further information is needed.

Online Supplier Profile Form

EMPLOYEE INVOLVEMENT