Mastercard Sustainability Profile
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 91 is higher than 95% 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 2024, Mastercard reported total carbon emissions of approximately 466,200,000 kg CO2e, comprising 2,962,000 kg CO2e from Scope 1, 849,000 kg CO2e from Scope 2 (market-based), and a significant 463,976,000 kg CO2e from Scope 3 emissions. This represents a reduction from 2023, where total emissions were about 505,491,000 kg CO2e, with Scope 1 at 3,556,000 kg CO2e, Scope 2 at 463,000 kg CO2e (market-based), and Scope 3 at 505,491,000 kg CO2e. Mastercard has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions by 2040. 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, ensuring accuracy and consistency in reporting. As part of its climate strategy, Mastercard is actively working towards these reduction goals, demonstrating a proactive approach to addressing climate change and its impacts.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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 | 000,000,000 |
How Carbon Intensive is Mastercard's Industry?
How Carbon Intensive is Mastercard's Location?
Mastercard's Scope 3 Categories Breakdown
Mastercard's Scope 3 emissions, which decreased by 8% last year and decreased by approximately 45% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 85% of Scope 3 emissions.
Top Scope 3 Categories
Mastercard's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mastercard has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Mastercard's sustainability data and climate commitments