Better Health for All

Marqeta's core business is providing a payment card issuing platform, which does not directly involve health-related products or services.

The company's products and services have no significant positive or negative health impact, and no revenue is derived from activities with direct health impacts. There is no evidence of user harm, injury, illness, or adverse events related to their payment platform. Marqeta does not offer health-related products requiring accessibility considerations, nor do its products carry health risks requiring disclosure. There is no evidence of R&D or capital allocation aimed at improving health outcomes, nor are there significant health externalities from its operations. The company's operations do not intersect with healthcare workforce development, preventative health, health data management, global health crisis response, mental health initiatives, pharmaceutical patents, nutrition, food safety, health education, addiction mitigation, or clinical trials. While Marqeta partners with Vivian to support healthcare professionals, this is through a rewards program for travel clinicians, not direct workforce support initiatives. Marqeta's Marqeta Cares program focuses on education, technology, and career development for underserved youth, not specifically on health equity or access to health services for vulnerable populations.

Fair Trade & Ethical Sourcing

Marqeta, as a modern card issuing platform providing cloud-based technological infrastructure, does not procure or trade physical commodities, making fair-trade certifications and materials risk indices not applicable to its direct operations.

The company's business model indicates no material sourcing of at-risk inputs. While Marqeta has a Supplier Code of Conduct, there is no evidence indicating the percentage of its supplier contracts that include enforceable ethical-sourcing clauses.

Honest & Fair Business

No specific, concrete evidence was found in the provided articles to assess Marqeta, Inc. against any of the defined KPIs for the 'Honest & Fair Business' ethical value. While some articles mention lawsuits alleging securities law violations and heightened regulatory scrutiny.

These are allegations and not confirmed regulatory fines or financial restatements as required by the rubric's quantitative thresholds. Other articles discuss Marqeta's compliance services offering. Or provide general governance overviews without specific data points relevant to the company's own ethical performance metrics.

Kind to Animals

No relevant data was found in the provided articles to assess MQ.US against the 'Kind to Animals' ethical value.

All articles explicitly stated that no quantitative data, regulatory actions, certifications, awards, or industry benchmarks were available for the company or the specified metrics. Therefore, no KPIs can be scored.

No War, No Weapons

The provided articles do not contain specific, concrete data points for any of the KPIs related to the 'No War, No Weapons' ethical value. There is no information regarding revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any policies related to conflict divestment or ethical red lines.

Therefore, no KPIs can be scored based on the evidence provided.

Planet-Friendly Business

Marqeta offers physical cards made from 43% recycled material.

The company partnered with rePurpose Global to remove 380,000 pounds of ocean-bound plastic from the environment in 2021, an effort equivalent to offsetting the creation of approximately 34 million cards.

Respect for Cultures & Communities

Marqeta funded 9 nonprofit partners in 2021, which include local charitable nonprofits and those focused on closing the education gap and serving communities of color.

The company's corporate social responsibility program, Marqeta Cares, gives each employee 10 hours of paid volunteer time annually and donated 400,000 company shares to nonprofits. The company also offers customers the option to use recycled plastic cards and aims for plastic neutrality, offsetting 380,000 pounds of ocean-bound plastic in 2021.

Safe & Smart Tech

Marqeta has not reported any cybersecurity threats or incidents that resulted in a material adverse impact to its business or operations as of February 2024, and found no indication of impact from several industry-wide incidents in 2024.

The company holds multiple privacy and security certifications, including PCI DSS for Level 1 Service Providers, ISO/IEC 27001, SOC 1, SOC 2 (Security, Availability, Confidentiality), and adheres to the EU-U.S., UK Extension, and Swiss-U.S. Data Privacy Framework Principles. All employees are required to complete annual cybersecurity training. Marqeta encrypts sensitive card data during transmission and storage, using strong cryptography for PAN and authentication factors. Multi-factor authentication (MFA) is implemented for all non-console access into the Cardholder Data Environment (CDE) and for all remote network access. Critical vulnerabilities are patched within one month of release, and internal/external vulnerability scans are performed quarterly. The company also conducts internal and external penetration testing annually. Marqeta states it collects and processes personal data only to the extent compatible with the purposes for which it was collected and implements data retention and disposal policies. The company complies with various privacy regulations including GDPR, UK GDPR, CCPA, and PCI DSS.