At Mastercard, we offer innovative solutions that help our customers and consumers reduce emissions. We aim to make a meaningful impact by driving our business toward net zero emissions and accelerating the transition to a low-carbon, regenerative economy.

We continue to support tourists, destinations, tourism companies, and small businesses to promote sustainable consumption and to embed sustainability within their operations, developing new sustainability solutions and supporting them with the implementation of green digital initiatives.

We will continue to inspire, inform and enable tourists to make the sustainable choice by providing consumers with actionable data and information about their purchase options, making it easier for them to reduce their environmental footprint while traveling. Mastercard’s Carbon Calculator, developed in collaboration with Swedish fintech Doconomy allows consumers to track the estimated carbon footprint of their purchases. In 2023 the Carbon Calculator’s reach expanded with Mastercard issuer launches in Poland, Bulgaria, Portugal, and Romania. (Source: Mastercard 2023 Environmental, Social and Governance Report)

We will also support tourism-focused small businesses to provide a comprehensive overview of CO2 emissions and emissions reduction plans through our partnership with Omnevue, an ESG and CO2e Accounting Solution provider. Through this partnership, we’re able to provide SMEs a set of solutions to help financial institutions support their small business cardholders through their decarbonization transition, including a simple and educational ESG Hub for SMEs, and a fully automated, compliance-centric carbon emissions estimates, adapted transition plans, internationally recognized green certification and a Unique Quality Score. (Source: Mastercard Newsroom)