Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • MTN Nigeria, WWF/NCF And UNDP Nigeria Shortlist 100 Innovators
  • Moniepoint Introduces Nigeria’s First Informal Economy AI Chatbot
  • NITDA Pushes For Unified Digital Agenda, Urges States To Drive Grassroots Transformation
  • PalmPay Supports Nigeria Police Force 2025 Cybersecurity Awareness Walk
  • Digital Africa 2025 Conference Opens In Abuja With Focus On AI Sovereignty
  • Halal And The Soul Of A Nation: When Economics Flirts With Faith
  • OPay Deepens Commitment To Education, Innovation With Empowering Futures Conference 2025
  • Nigeria’s NBTI Innovation Model Poised To Transform Commonwealth Economies
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » MasterCard Pledges Net Zero Emissions, Innovates for Collective Climate Action
Business

MasterCard Pledges Net Zero Emissions, Innovates for Collective Climate Action

DigitalTimesNGBy DigitalTimesNG27 January 2021No Comments2 Mins Read1 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
MASTERCARD BUILDING 2
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

MasterCard is furthering its commitment to creating 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 payments industry to gain Science Based Targets initiative (SBTi) approval for its GHG goals, MasterCard is currently working towards its SBTi-approved goal to reduce total Scope 1 and 2 emissions by 38% and Scope 3 emissions by 20% by 2025 from a 2016 baseline.

These targets reflect a long-term commitment by the company to monitor and implement best practices to reduce emissions across the business, drive operational energy efficiency, and further engage suppliers in value chain decarbonization.

Progress already made towards these goals includes achieving 100% renewable electricity in 2020, reinforced by a commitment to RE100.

“2021 is set to be a crucial year for climate action, and we believe the private sector has a vital role to play in the transition to a zero-carbon economy. The quality of all our futures is deeply and inextricably linked to the health and well-being of our planet.

“That’s why, in addition to improving our own environmental footprint, we’re driving systemic change through powerful coalitions and empowering our network of nearly 3-billion consumers to take collective action to preserve the environment,” said Kristina Kloberdanz, Chief Sustainability Officer, Mastercard.

READ ALSO  Kwik Inaugurates Delivery And E-Commerce Services In Ibadan

“By coming together, we can drive exponential impact.”

MasterCard is also mobilizing its technology, expertise, and trusted global partnerships network to lead on collective climate action, through innovative initiatives such as the Greener Payments Partnership and the Priceless Planet Coalition.

#Climate Action #MasterCard #Net-Zero Emissions
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleMTN, African Union Partner On COVID-19 Vaccinations
Next Article NCC Moves To Curb Data Depletion, Wrong Deductions Of Consumers’ Credit
DigitalTimesNG
  • X (Twitter)

Related Posts

Digital Africa 2025 Conference Opens In Abuja With Focus On AI Sovereignty

28 October 2025

FAAN Unveils Integrated ISO Policy

23 October 2025

LG Electronics, Ecobank Partner To Unveil AI-Powered Smart Living For Nigerians

23 October 2025

Zoho Unveils New Agentic Tools For Businesses To Enhance Productivity

21 October 2025

All Set For 2025 Digital Africa Conference As Africa Steps Up In The Global AI Race

20 October 2025

Zinox Technologies Joins TD Africa’s Expanding Network Of Global Brands

20 October 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

MTN Nigeria, WWF/NCF And UNDP Nigeria Shortlist 100 Innovators

29 October 2025

Moniepoint Introduces Nigeria’s First Informal Economy AI Chatbot

29 October 2025

NITDA Pushes For Unified Digital Agenda, Urges States To Drive Grassroots Transformation

29 October 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.