Lobbying Governance
Overall Assessment | Analysis | Score |
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Moderate |
Mastercard discloses a governance structure that links senior sustainability leaders to the oversight of climate-related engagement, noting that the company has appointed "a dedicated Executive Vice President of Corporate Sustainability, as well as the key addition of a Chief Sustainability Officer" and that "These appointments also ensure a common approach to climate engagement activities across business divisions and geographies." The narrative adds that the "Vice President of Environmental Sustainability was hired to track and drive climate change strategies and policies" and to "rally internal stakeholder support," indicating an internal process for monitoring how external positions align with the company’s climate strategy. Mastercard also states that it has "a public commitment … to conduct your engagement activities in line with the goals of the Paris Agreement," signalling an explicit policy intention to keep its advocacy consistent with climate objectives. However, the disclosure stops short of describing how direct lobbying is reviewed, how trade-association positions are tested for consistency, or whether the board receives regular alignment reports; beyond listing memberships in several sustainability-oriented organisations, "UN Global Compact … Business Ambition for 1.5°C Future" and others, we found no evidence of systematic evaluations, escalation procedures, or decisions to challenge or exit misaligned associations. Consequently, while named senior officers are clearly accountable and a high-level process is indicated, the company does not disclose the specific monitoring mechanisms, alignment criteria, or corrective actions that would demonstrate a more detailed or comprehensive governance framework.
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C |