Mastercard
Mastercard
Mastercard is a global technology company in the payments industry, working with businesses and governments worldwide to improve the lives of billions of people through innovative payment solutions.
Positive signals
91% of Mastercard's suppliers reported on Scope 3 emissions to CDP in 2023, demonstrating strong supply chain engagement on climate impact.
Mastercard accelerated efforts to eliminate first-use PVC plastics from payment cards on its network, targeting complete elimination by 2028.
Mastercard achieved a 48% reduction in Scope 1 and 2 greenhouse gas emissions and a 40% reduction in Scope 3 emissions in 2023 compared to its 2016 baseline, remaining on track for its 2025 Science Based Targets initiative (SBTi)-approved milestones.
Since 2020, Mastercard's global operations (Scope 1 and 2) have been carbon neutral, achieved through decarbonization, energy efficiency, 100% renewable electricity, and verified carbon credits.
Mastercard received a 'Strong' management score from Sustainalytics for its robust ESG programs, practices, and policies, indicating effective management of material ESG risks.
Concerns
Commitment to conduct annual pay equity audits
MEDIUM
Source →Pay discrimination against female, Black, and Hispanic employees
HIGH
Source →Mastercard's ESG Risk Exposure is rated 'Medium' by Sustainalytics, indicating that while the company manages ESG issues well, it remains exposed to industry-specific material ESG risks.
MEDIUM
Source →Shareholder proposals in the 2025 proxy season have stirred controversy at Mastercard, reflecting ongoing debates and scrutiny over the company's ESG practices and disclosures.
MEDIUM
Source →Settlement of pay discrimination lawsuit involving underpayment of female, Black, and Hispanic employees
HIGH
Source →
