Mastercard

Specialized Finance

$ 336 (0.87)%

Share price

$ 332 bn

Market Cap

$ 334 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2021

Mastercard aims to reduce Scope 1 + 2 by 38% by 2025 from a base year 2016

This target is most likely outdated and the company appears to have already achieved it

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2021

Mastercard aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Mastercard reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 56 Kt (-1.1 /-2% y-o-y). At the same time, carbon intensity grew to 3.6 t (+0.2/+5.9% y-o-y).

Mastercard's Scope 3 emissions plummeted to 366 Kt (-137 /-27.2% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 38% by 2025 from a base year 2016, which it appears to have already achieved as of 2020. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -14 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	56	3.2	53	366	15,301	3.6
2019Q4	57	4.8	52	503	16,883	3.4
2018Q4	58	4.8	53	496	14,950	3.9
2017Q4	72	6.6	65	472	12,497	5.7
2016Q4	99	4.5	95		10,776	9.2