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Public Profile
Financial Intermediation
US
updated 10 days ago

Mastercard

Company website

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.

73

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.

27

Industry Benchmark

Mastercard's score of 73 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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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, 463,000 kg CO2e from Scope 2 (market-based), and a significant 505,491,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions are primarily driven by purchased goods and services, which account for about 437,588,000 kg CO2e. Mastercard has set ambitious climate commitments, aiming for net zero greenhouse gas emissions by 2040. To achieve this, the company has established science-based targets to reduce its absolute emissions by 38% for Scope 1 and 2, and 20% for Scope 3 by 2025, using 2016 as the baseline year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Mastercard's commitment to sustainable practices within the software and services sector. The company has made progress towards these goals, with ongoing efforts to monitor and reduce emissions across all scopes. As part of its climate strategy, Mastercard is actively engaged in initiatives that promote sustainability and reduce its overall carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
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
94,728,000
00,000,000
00,000,000
00,000,000
00,000,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mastercard's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Mastercard is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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