Sustainability, By Tom Swallow, January 26, 2022
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- Mastercard is preparing for a sustainable future in the finance industry with its ESG commitments, spanning renewables, sourcing and emissions
- Committing to the Science-Based Targets initiative (SBTi), the company expects a 38% reduction in Scope 1 and 2 greenhouse gas emissions by 2025. Scope 3 will follow with a 20% reduction based on 2016 figures.
- Develop green buildings and data centres that are certified by Leadership in Energy and Environmental Design (LEED) for 90% of its workspaces.
- Reduce first-use plastics and follow standards to create bio-sourced, chlorine-free and degradable cards.
