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
  • Meta CEO, Zuckerberg To Testify In $8 Billion Trial Over Facebook Data Scandal
  • FirstBank, NLNG, Shell Back QEDNG Creative Powerhouse Summit
  • LG Unveils “Radio Optimism” Campaign To Foster Real Human Connection Through Music
  • NITDA DG Urges Business Leaders To Embrace AI As Collaborative Partner, Not Threat
  • Inuwa Insists Nigeria’s Economic Growth Depends On Digital Literacy Drive
  • It’s A New Era Of Foldable, AI-Powered Innovation As Samsung Unveils Galaxy Z Fold7 And Z Flip7 Series
  • Senate Declares National Emergency On Ponzi Schemes, Launches Multi-Agency Probe Into CBEX Collapse
  • Nigeria Steps Up Cyber Defence As Threat Landscape Expands
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  ProvidusBank Partners Mastercard, Interswitch, Thales Group For Contactless Tap-to-Pay Solution

“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

FirstBank, NLNG, Shell Back QEDNG Creative Powerhouse Summit

14 July 2025

LG Unveils “Radio Optimism” Campaign To Foster Real Human Connection Through Music

14 July 2025

It’s A New Era Of Foldable, AI-Powered Innovation As Samsung Unveils Galaxy Z Fold7 And Z Flip7 Series

10 July 2025

JAMB, Stakeholders Approve New Admission Benchmarks, Reaffirm Minimum Age Requirement

9 July 2025

NerdzFactory Partners Google DeepMind, Raspberry Pi, To Launch ‘Experience AI’ Programme In Nigeria

8 July 2025

TD Africa, Zebra Host Business-Transforming Tech Event In Lagos

8 July 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

Meta CEO, Zuckerberg To Testify In $8 Billion Trial Over Facebook Data Scandal

14 July 2025

FirstBank, NLNG, Shell Back QEDNG Creative Powerhouse Summit

14 July 2025

LG Unveils “Radio Optimism” Campaign To Foster Real Human Connection Through Music

14 July 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. Designed by Max Excellence LLC.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

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