In 2023, Mastercard disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Mastercard also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Mastercard also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Mastercard also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Mastercard's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, Mastercard consumed a total of 385,282.8 Gigajoules of energy across its operations. Of this total, 100% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 0% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2023, Mastercard consumed a total of 385,282.8 Gigajoules of energy, of which 100% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This high level of renewable energy use suggests that Mastercard has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Since 2021, Mastercard's total energy consumption increased by 4.13%, including a 3.88% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in Mastercard's mix has remained stable both in the long term and in 2023, indicating consistency in renewable sourcing with limited change.
Overall, Mastercard’s energy demand is increasing, yet its renewable energy share has remained flat. This suggests limited progress in decarbonizing its energy mix despite higher energy usage.
In 2023, Mastercard disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Mastercard's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2023, Mastercard's total energy consumption was primarily sourced from
In 2023, Mastercard consumed energy from 2 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 94% of total consumption.
In 2023, Mastercard's energy production came primarily from
In 2023, Mastercard produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.
In 2023, Mastercard reported total energy inflows of 385,282.8 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 362,165.83 Gigajoules purchased from external suppliers and 23,116.97 Gigajoules generated through internal production. This corresponds to a production share of 6%, reflecting a 300% percentage point increase from the previous year (2022) and a 200% percentage point increase since 2021.
These consistent increases, both year-over-year and over the longer term, suggest that Mastercard is actively strengthening its energy autonomy. The company appears to be making deliberate, sustained investments in internal energy production, possibly to improve energy security, reduce reliance on volatile external markets, or support broader sustainability goals.