Mastercard has accelerated its goal to reach “net zero” by a decade, from 2050 to 2040.
In Brief:
At UN Climate Chance Conference COP26, Mastercard announced the change in its timeline.
Mastercard has committed to meeting its existing science-based targets for greenhouse has reduction.
It already transitioned to 100% renewable energy in 2018.
What does this mean?
Mastercard has added urgency to its goal to become carbon neutral, announcing that this technology and global network will be used to build a “more sustainable digital economy”.