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Stock impact report

Mastercard announces solar, geothermal projects for its facilities [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Mastercard announced Tuesday it will build a solar array on a site expanding 40 acres that it acquired at its Missouri tech hub and will update the heating and cooling systems at its Purchase, New York headquarters with geothermal energy to help reduce its emissions. The O'Fallon, Missouri tech hub is the global payments company's largest facility, while the Purchase headquarters currently consumes the most natural gas out of any of Mastercard's global offices, the company said in an email to ESG Dive Monday. Both sustainability-focused projects serve to help the company stay on track for its 2040 net-zero target and build climate resilience, Mastercard Chief Sustainability Officer Ellen Jackowski said in an interview Tuesday. Mastercard announced in 2021 that it had accelerated its net-zero target date by a decade, from 2050 to 2040, with interim targets to reduce its scope 1 and scope 2 emissions by 38% and its scope 3 emissions 20% by 2025. These targets, based on a 2016 bas Show less Read more
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