Reducing carbon emissions across Mastercard

At Mastercard, our first priority is continuously improving the environmental footprint of our offices and operations. The next step is ensuring our electronic payment solutions are built on a sustainable foundation by increasing the energy efficiency and by investing in renewable resources. By the end of 2018, Mastercard had reduced our emissions by 42% from 2016. We source renewable energy for 100% of our global operations, and we are committed to maintaining this goal.

In 2018, our on-site solar arrays generated 1,725,808 kilowatt-hours of renewable energy, or 9.6% of the electricity consumed, and 79% of our owned and operated facilities’ total square footage is either green-building certified or located in a building that achieved green certification in that area of the world.

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Learn about the Priceless Planet Coalition, with Mastercard!

Mastercard announced the launch of the Priceless Planet Coalition, a platform to unite corporate sustainability efforts and make meaningful investments to preserve the environment.Together with partners the Priceless Planet Coalition is pledging to plant 100 million trees over five years. Large scale reforestation programs need to be executed carefully, with consideration given to a number of factors including local climate, adverse biodiversity impacts, lax or poor forest management practices, unintended future deforestation, risk of reversal, and unintended social impacts. Mastercard has selected global environmental organizations Conservation International and World Resources Institute (WRI) to lead the tree planting efforts. Working closely with local and indigenous communities, Conservation International has protected or restored over 6 million square kilometers of land and sea across more than 70 countries

What is Nestlé doing to ensure palm oil is sourced sustainably?

Nestle’s ambition is to achieve 100% responsibly sourced palm oil by 2020. That means our palm oil comes from origins that: Comply with local laws and regulations. Are not areas cleared of natural forest after December 31, 2015. Respect local and indigenous communities’ right to free, prior and informed consent. Protect high-carbon-stock land. Protect peatlands. Comply with the principles and criteria of the Roundtable on Sustainable Palm Oil (RSPO), the industry-wide certification body that promotes the growth and use of sustainable palm oil products. Where feasible, nonetheless, we are meeting demand for choice in our products with palm-oil free recipes. Nestlé expects over 90% of our key agricultural commodities to be verified deforestation free by the end of 2020. Working with our suppliers, we’re improving traceability of where our palm oil comes from. In 2018, we became the first global food company to implement Starling, a satellite-based service developed to monitor 100% of o

Nivea’s Sustainable palm oil sourcing to fight deforestation

This palm oil derivatives are used in 70 % of all cosmetics products. The problem with palm oil is that often large areas of rainforest are destroyed in order to make room for oil palm plantations. We believe that palm oil needs to be sourced sustainably without contributing to deforestation. Replacing palm oil with another plant-based oil is not the best option, though, because palm oil crops have a very high yield. We promote the shift to sustainably produced palm oil with our partners along the entire supply chain. By 2018, we had already covered 63 % of our palm-based raw material volumes with sustainably certified raw materials (RSPO “Mass Balance” standard). We strive to ensure that our natural and naturally derived ingredients are sourced in a sustainable way to save resources. Our goal for 2020 is to source all Beiersdorf raw materials based on palm (kernel) oil from sustainable sources.

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