In an episode of the Impact Podcast, Ellen Jackowski, Chief Sustainability Officer at Mastercard, shares how the company is turning its ESG (Environmental, Social, and Governance) ambitions into tangible actions by empowering every employee.
Here are some key initiatives that make Mastercard a sustainability leader:
🔸 Linking ESG to compensation
All 33,000 Mastercard employees now have their annual bonus partially tied to progress made on sustainability and social impact goals. This incentivizes everyone to contribute actively to the company’s ESG objectives. However, while the ESG bonus is a motivator, it cannot stand alone as a catalyst for sustainable change.
🔸 "ESG in Action" Guides
To ensure this commitment translates into concrete actions, Mastercard developed "ESG in Action" guides tailored for each division. These practical resources outline the behaviors, decisions, and initiatives expected to maximize sustainable impact and encourage best practices in daily operations.
🔸 Transparency and Education
Mastercard offers training and educational tools at all levels of the organization. The goal? To make every employee a sustainability ambassador and equip them to take meaningful action.
🔸 Empowerment Tools
The company has also launched initiatives like the Mastercard Carbon Calculator to inform consumers about the carbon impact of their purchases and encourage more sustainable choices.
💡 The result?
An aligned organization where every employee feels empowered to make a difference. Through this collective commitment, Mastercard has not only reduced its carbon emissions but has also solidified its position as a sustainability leader.
👉 To learn more, listen to the full episode on the Impact Podcast: https://impactpodcast.com/episode/2024/07/empowering-people-and-the-planet-to-thrive-with-ellen-jackowski-of-mastercard/?utm_content=buffer38931&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer