Mastercard Incorporated, commonly known as Mastercard, is a leading global player in the financial intermediation services sector, specifically focusing on payment processing and related technologies. Headquartered in the United States, Mastercard operates extensively across North America, Europe, Asia, and other regions, providing innovative solutions that facilitate secure and efficient transactions.
Founded in 1966, Mastercard has achieved significant milestones, including the introduction of contactless payment technology and advancements in digital payment solutions. The company offers a diverse range of products and services, including credit, debit, and prepaid cards, as well as payment processing services that stand out for their security and reliability.
With a strong market position, Mastercard is recognised for its commitment to innovation and customer-centric solutions, making it a trusted partner for businesses and consumers alike in the evolving landscape of financial services.
+44 vs industry average
Mastercard’s score of 79 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mastercard's reported carbon emissions
Mastercard, a financial intermediation services provider headquartered in the US, reported **approximately 557.6 million kg CO2e** in total emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions, with Scope 3 being the largest contributor at about 464 million kg CO2e, primarily driven by purchased goods and services. In 2023, total emissions were approximately 567.6 million kg CO2e, with Scope 3 accounting for about 505.5 million kg CO2e. Mastercard has set ambitious climate targets, aiming for net-zero greenhouse gas emissions by 2040. To achieve this, they are working towards 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. Progress towards these near-term targets has been monitored, with reports indicating they are on track for Scope 2 and Scope 3 reductions by 2025. The company has also committed to the Climate Pledge.
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Mastercard’s Climate Goals (2030 & 2050)
2 goals2025
38% reduction in all scopes
Our short-term target calls for reducing Scope 1&2 by 38% and Scope 3 by 20% between 2016 and 2025.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Mastercard
Frequently asked questions
Common questions about Mastercard’s sustainability data and climate commitments
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