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Mastercard's master plan for sustainable consumption, Ep #87

Mastercard's master plan for sustainable consumption, Ep #87

FromInvested In Climate


Mastercard's master plan for sustainable consumption, Ep #87

FromInvested In Climate

ratings:
Length:
36 minutes
Released:
Apr 23, 2024
Format:
Podcast episode

Description

If you think of Mastercard as simply a piece of plastic that enables you to buy stuff, you’re not seeing their vast network of businesses, their billions of customers, or the potential influence they have on consumer behavior.There have been countless efforts over the years to encourage consumers to shop more sustainably, but when it comes to the reach and data savvy that Mastercard brings, it’s a whole different ballgame. I’ve known Mastercard’s Chief Sustainability Officer Ellen Jackowski for many years, and I was delighted to sit down with her to understand Mastercard’s sustainability strategy. We talk about Ellen’s background and approach to leadership, the current moment in sustainability, Mastercard’s effort to encourage sustainable consumption at scale, how they’ve spread sustainability goals across their entire company, and much more. Ellen is a widely respected thought leader in corporate sustainability and this conversation offers a peek inside an ambitious and very challenging effort to create real impact. Mastercard is a NationSwell member and we’ll soon share a summary of this conversation as part of NationSwell’s Sustainability Next series. Enjoy!In today’s episode, we cover:[02:13] Ellen’s background & passion for sustainability [04:14] Ellen’s role at Mastercard[06:13] Present moment in sustainability - trends & concerns[08:13] The reach of Mastercard’s network[10:58] Sustainable consumption as a systems problem[12:29] Areas of opportunity & challenge[14:00] The Priceless Planet Coalition video drop[15:32] Mastercard’s carbon calculator[16:50] Influencing large emitting purchases[17:32] Promoting sustainable consumption around the world & US[18:52] The biggest challenge in reaching net-zero goals[21:00] Best ways to organize sustainability leaders[23:24] Tackling Scope 3 emissions[26:08] Mastercard’s Priceless Planet Coalition[27:53] Mastercard’s Community Pass Platform[29:21] Mastercard’s Start Path in Solidarity[30:52] How Ellen’s thinking in leadership has evolved[33:18] Resources to stay informed on sustainability[34:22] What else needs to changeResources MentionedMastercard: Priceless Planet CoalitionNationSwell: Next SeriesMastercard: Carbon CalculatorMastercard: Community PassMastercard: In SolidarityOutrage and OptimismProject DrawdownConnect with Ellen JackowskiConnect with Ellen on LinkedInConnect with Jason RissmanOn
Released:
Apr 23, 2024
Format:
Podcast episode

Titles in the series (90)

Invested in Climate hosts conversations with leading thinkers to help our listeners do more to address the climate crisis through their Work, Investments, Learning, Lifestyle and Activism. People everywhere, communities, governments and all sectors of the economy are mobilizing to address climate change. The scale of this global action is unprecedented. Never before have so many people dedicated so much energy, creativity and capital to addressing a shared, global threat. Will it be enough? What else is needed? And, most importantly, what can you do? We all have a part to play, so let’s go.