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.
+37 vs industry average
Mastercard’s score of 74 is higher than 84% 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 reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mastercard's reported carbon emissions
Mastercard's latest disclosed carbon emissions data for 2024 shows a total of approximately 469.0 million kg CO2e across Scope 1, 2, and 3. This breaks down into approximately 3.0 million kg CO2e for Scope 1, approximately 0.8 million kg CO2e for Scope 2 (market-based), and approximately 464.0 million kg CO2e for Scope 3.
For 2023, Mastercard reported total emissions of approximately 543.0 million kg CO2e, comprising approximately 3.6 million kg CO2e in Scope 1, about 0.5 million kg CO2e in Scope 2 (market-based), and approximately 505.5 million kg CO2e in Scope 3.
The company has set ambitious climate commitments, including a goal of net-zero greenhouse gas emissions by 2040. To achieve this, Mastercard has established science-based targets (SBTi) to reduce absolute emissions by 38% for Scope 1 and 2, and 20% for Scope 3 by 2025, using 2016 as the base year.
Mastercard's emissions data is not cascaded from a parent organisation. The company's US headquarters is in the Financial intermediation services, except insurance and pension funding services (65) industry.
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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.
See all 2 climate goals
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Scope 3 top emissions categories
5 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
Data year: 2024
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