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 86% 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, 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 encompass various categories, with purchased goods and services contributing 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 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's emissions data is sourced directly from Mastercard Incorporated, with no cascading from a parent organization. As part of its sustainability strategy, Mastercard is actively working towards these reduction goals, demonstrating a proactive approach to addressing climate change and reducing its 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 | 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
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.
