Mastercard® Priceless Planet Coalition
Partners mobilise to support sustainability and empower businesses and consumers to take collective action
A platform to unite corporate sustainability efforts and make meaningful investments to preserve the environment through planting trees.
If the last year of bushfires, flooding and now COVID-19 has taught us anything, it’s that we live in an interconnected world where our actions and environment are inextricably linked. The Priceless Planet Coalition takes this power connection and, leveraging Mastercard’s powerful network effect, empowers individuals to make positive choices which can make a tangible difference to the world around us.
Mastercard believes that the private sector can do more and make real impact by combining efforts and engaging businesses and consumers to take action. We cannot go back to old habits that cause further pollution at the expense of our planet. Together with our partners, Mastercard reaches nearly 3 billion people around the world – our goal is to empower business and consumers to join us in taking collective action.
Establishing Roots
Trees are one of the critical networks on which the earth runs. Carbon emissions, use of natural resources and pollution are exceeding safe limits and have affected many communities and potentially the coming generations. Planting trees is one of the most effective ways of tackling the global climate crisis. Together with our committed partners, the Priceless Planet Coalition pledges to plan 100 million trees over five years. At least 10 million of those trees will be planted in Australasia.
Extending commitments
Our commitment to planting trees is just one step to deliver tangible progress in ensuring this Priceless Planet on which we live is healthy for future generations to enjoy. This effort is an extension of Mastercard’s environmental sustainability goals, adding to our existing commitments to reduce greenhouse gas (GHG) emissions, source 100% renewable energy and pioneer environmentally conscious solutions.
Tree Planting Partners
Conservation International and World Resources Institute with partner One Tree Planted.
Why trees?
Forestation is one of the most effective ways to combat climate change. Key benefits:
Trees are a cost-efficient, nature-based solution for mitigating the impact of greenhouse gas emissions.
Sustainable forestation projects help reduce the occurrence of climate-related disasters, such as fires and flooding.
Trees help clean the air we breathe, filter the water we drink, and provide a habitat for wildlife.
"While our own footprint on greenhouse gasses is relatively small,
where we can really make a difference at scale is by using our
network effect to reach our customers and their clients.”
- Ajay Banga, President and CEO, Mastercard
Doing well by
doing good
Experience everything that Mastercard does to support sustainability and read our latest report.
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