Builds on Mastercard’s pledge to achieve net zero emissions by 2050 and commitment to bring 1 billion people and 50 million small businesses into the digital economy by 2025
PURCHASE, N.Y., March 3, 2021 /3BL Media/ – Mastercard today announced that it has successfully priced a $600 million Sustainability Bond at a fixed rate of 1.90%. This milestone further supports the company’s work to build an inclusive and sustainable digital economy through commercially sustainable social impact. Mastercard’s global commitments include reaching net zero emissions by 2050 and bringing 1 billion people and 50 million small businesses into the digital economy by 2025.
A New Analysis of Mastercard Data Finds Uneven Spending Declines in Communities Across the City
It was just one year ago when we first heard of a new coronavirus in Wuhan, China, that was threatening to turn into a pandemic. Just months later it had spread to nearly every corner of the globe, leaving death and economic hardship in its wake.
As we know now, the hardship was not equally shared. Black and Latino communities were disproportionately affected—both by illness and loss of employment.