The Inclusive Growth Score™
How it Works
Methodology
Our Inclusive Growth Score™ blends open-source data with a proprietary layer of insights based on Mastercard’s aggregated and anonymized transaction data. The Inclusive Growth Score represents the degree to which the environment, economy and community in each census tract benefit from equitable growth. When complemented by local knowledge, the Score helps identify and prioritize opportunities for revitalization and measure changes to economic health over time. Contact us with any questions and comments on the platform.
Learn more“Real change calls for companies to take action: to bring to the table their technologies and infrastructure, capital and creativity and ability to scale solutions. When we do this, we create a sustainable system where everyone benefits – employees, citizens, customers, companies and governments.”
Data for Good
Mastercard leverages the power of data for good. It is committed to increasing the capacity of the public and social sectors to solve systemic problems using real evidence. All insights are developed under Mastercard’s deep and longstanding commitment to privacy and data protection, information security, and data responsibility, as reflected in Mastercard’s Data Responsibility Principles.
Learn more“By integrating purpose into our business strategy, we recognize that success for the company is inextricably linked to the well-being of communities and countries. It is the path to shared prosperity that benefits us all.”
The Mastercard Center for Inclusive Growth has been analyzing the effects of economic development in neighborhoods – in part by leveraging insights based on Mastercard’s anonymized and aggregated transaction data. One example of this insight-mining is an initiative that examined the economic growth potential of merchants as a result of increased traffic from bike-sharing programs and free Wi-Fi in New York City neighborhoods, another is how local crime may affect retail. The Center most recently turned its attention to Pullman.
Learn moreNashville is one of the nation’s leading metro areas for automotive manufacturing and as automobiles become more information-enabled, communications equipment will be integral. The same equipment and services would also complement Nashville’s music recording industry. Information and communication technologies and services could also help unlock important new insights in clinical health, where Nashville is a leader.
Learn more“The CID district is helping to redevelop the social fabric of the neighborhood,” said Norman Barnum, chief financial officer for the New Orleans Business Alliance and project lead for development of the 25 Qualified Opportunity Zones in New Orleans, LA (NOLA). The Business Alliance is a public-private partnership and serves as the City of New Orleans official economic development organization. Barnum states further that “While you can’t take away the 50 years lost by the community because of the Interstate, the CID was put into place to recognize a wrong and create opportunity for a new right.”
Learn moreBillions of dollars have been invested in everything from smart parking meters to smart street lights and entire electrical grids. Spending around the globe on smart-city initiatives could total $41 trillion over the next 20 years, according to some estimates. With such sums at stake and urban sustainability a growing priority for cities, policymakers, planners and investors alike are keen to understand the impact of these projects to determine whether they are indeed smart, at least financially. But the task is not easy.
Learn moreFrequently Asked Questions
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