Mastercard
Mastercard Incorporated, commonly known as Mastercard, is a leading global payments technology company headquartered in the United States. Founded in 1966, Mastercard has evolved into a key player in the financial services industry, facilitating electronic payments across more than 210 countries and territories. The company offers a diverse range of products and services, including credit, debit, and prepaid cards, as well as innovative payment solutions that enhance security and convenience for consumers and businesses alike. Mastercard's commitment to technological advancement and customer-centric solutions has positioned it as a market leader, recognised for its robust network and strategic partnerships. With a focus on driving financial inclusion and digital transformation, Mastercard continues to achieve significant milestones, reinforcing its status as a trusted name in the payments landscape.
DitchCarbon Score
How does Mastercard's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mastercard's score of 73 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mastercard's reported carbon emissions
In 2023, Mastercard reported total carbon emissions of approximately 557,545,000 kg CO2e. This figure includes 3,556,000 kg CO2e from Scope 1 emissions and 48,498,000 kg CO2e from Scope 2 emissions, with the majority of emissions, about 505,491,000 kg CO2e, arising from Scope 3 activities. Over recent years, Mastercard has made significant strides in reducing its carbon footprint. From a 2016 baseline, the company aims to achieve a 38% reduction in absolute Scope 1 and 2 emissions and a 20% reduction in Scope 3 emissions by 2025. These targets have been approved by the Science Based Targets Initiative (SBTi) and are part of Mastercard's broader commitment to reach net zero greenhouse gas emissions across all scopes by 2040. Mastercard's emissions data reflects a commitment to sustainability, with total emissions decreasing from approximately 948,491,000 kg CO2e in 2016 to the latest figure in 2023. This reduction aligns with their strategic initiatives to mitigate climate impact and enhance operational efficiency. The company continues to focus on reducing emissions from business travel, employee commuting, and purchased goods and services, which are significant contributors to their overall carbon footprint.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,486,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,486,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 849,277,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mastercard is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
