Mastercard Empowers Consumers to Choose a Sustainable Future With Eco-Friendly Cards

According to a recent Mastercard study, 58% of consumers are more mindful of their impact on the environment, with 85% willing to take personal action this year. Today, Mastercard makes this promise easier to realize with a new badge to identify cards made more sustainably from recyclable, recycled, bio-sourced, chlorine-free, degradable or ocean plastics. Easy to spot on the card, the badge is a simple reminder of the commitments made to address sustainability concerns. “People want brands to behave in more sustainable and eco-friendly ways. But, making it happen across…

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Mastercard and Discovery Education Partner to Empower Girls With STEM Learning Through the Signature Girls4Tech™ Program

With the goal of providing five million girls with an engaging STEM education by 2025, Mastercard has partnered with Discovery Education to launch the latest phase of the award-winning Girls4Tech initiative. Girls4Tech is Mastercard’s signature science, technology, engineering, and mathematics (STEM) program geared towards giving girls in middle and high school access to STEM resources and career exploration tools with an emphasis on Artificial Intelligence (AI) and cyber security. Discovery Education is the global leader in standards-aligned digital curriculum resources, engaging content, and professional learning for K-12 classrooms. Together, the…

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Mastercard Issues $600 Million Sustainability Bond

Mastercard has announced that it has successfully priced a $600 million Sustainability Bond at a fixed rate of 1.90%. This milestone further supports the company’s work to build an inclusive and sustainable digital economy through commercially sustainable social impact. Mastercard’s global commitments include reaching net zero emissions by 2050 and bringing 1 billion people and 50 million small businesses into the digital economy by 2025. The proceeds from the Sustainability Bond will support significant progress already made towards maximizing carbon reduction, supporting environmental choices for customers, and fostering inclusive growth.…

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Mastercard Unveils New Carbon Calculator Tool for Banks Globally, As Consumer Passion for the Environment Grows

New research on sustainability, commissioned by Mastercard, reveals a marked increase in consumer passion for the environment as a result of COVID-19. More than half of those surveyed across the world (54%) see reducing their carbon footprint as more important now than pre-pandemic. This signals a growing trend toward eco-conscious spending and consumption among people who want to turn their purchases and rewards redemption into meaningful action for the planet. To address this, Mastercard, in collaboration with Swedish fintech Doconomy, developed the Mastercard Carbon Calculator. Now integrated across Mastercard’s global…

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Mastercard Pledges Net Zero Emissions; Innovates for Collective Climate Action

Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.  Understanding that economic growth cannot come at the expense of the planet, the company’s global action plan aims to continue to reduce greenhouse gases (GHG) by remaining focused on the decarbonization of its operations and bolstering its efforts to decarbonize its supply chains. Mastercard’s net zero goal builds upon its existing GHG commitments that align with the Business Ambition for 1.5°C pledge.  The first in the…

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