Mastercard's Climate Change Impact: F
Mastercard's company website currently isn't hosted by an industry recognised green host. This means they power their data centre using 100% renewable energy. Switching to a web hosting provider that operates this way will help the internet, and Mastercard becoming a green company.
Becoming carbon-free is one of many ways to become an eco company.
If Mastercard was to become a carbon-negative company will not only cover its outgoing carbon dioxide production, but remove more than its total output.
It is estimated that globally we are required to invest around USD 60 trillion to decarbonise. If every company, including Mastercard was able to fund (in part) something towards climate change as we must reduce greenhouse gas (GHG) emissions worldwide.
Mastercard has pledged to use 100% green renewable energy since 2020. In line with the Paris Agreement, globally we need to cut the total amount of greenhouse gas emissions.
Mastercard has pledged to be a carbon neutral company by 2050. Publically stating you are a carbon neutral company, which is a great step towards a positive climate action approach, is what every company should strive for way beyond the Paris Agreement's 2050 deadline.
Sadly, we do not know a lot about what Mastercard is doing when it comes to climate change. A combination of either providing little to no climate action goals or have provided information but have not specified when they will achieve such goals.
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