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…

Read More

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.…

Read More

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…

Read More

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…

Read More

Mastercard Delivering on “Doing Well by Doing Good”

Mastercard has released its 2019 Sustainability Report outlining its progress towards building a more inclusive and sustainable digital economy. The report charts impact and progress against four areas: Inclusive Growth; Our People and Culture; Environmental Stewardship; and Ethical and Responsible Standards. The report details how we are bringing our purpose statement – Connecting Everyone to Priceless Possibilities – to life and building toward a world where people can reach their full potential, economic growth is inclusive, and the planet thrives. The report also outlines Mastercard’s support for employees, customers and communities in…

Read More