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 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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Mastercard's reported carbon emissions
In 2023, Mastercard reported total carbon emissions of approximately 557,545,000 kg CO2e. This figure includes Scope 1 emissions of about 3,556,000 kg CO2e, Scope 2 emissions of approximately 46,300 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 505,491,000 kg CO2e. Notably, the largest components of Scope 3 emissions stem from purchased goods and services (approximately 437,588,000 kg CO2e) and business travel (about 29,339,000 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 by 20% for Scope 3, all by 2025, using 2016 as the baseline year. These targets align with industry standards and reflect Mastercard's commitment to sustainability and climate action. The company is actively working towards these goals and has signed the Climate Pledge, reinforcing its dedication to reducing its carbon footprint and contributing to global climate initiatives.
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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.
