World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Mastercard credits ground-source heat pump

USA: Mastercard is to replace its gas heating and cooling system at its global headquarters in Purchase, New York, with a closed-loop ground-source heat pump system. 

The system will involve drilling 160, 600ft deep boreholes in the lawn in front of its 4-storey headquarters.

Natural gas is currently responsible for more than half of the company’s direct combustion of fossil fuels. The new system will be powered by electricity from renewable sources.

The design is the result of an energy audit of the existing mechanical, electrical, and plumbing systems by global sustainable engineering consultants Stantec. A thermal imaging survey and energy modelling analysis was also carried out.

In addition to the geothermal system, Stantec’s work also included chiller and boiler replacements, building automation system analysis, retro-commissioning, and skylight replacements.

Stantec also identified issues with thermal transmittance and infiltration with the single-pane glass windows. Due to the building’s historic status, replacing the glass wasn’t feasible, so Stantec recommended adding a double-pane insert behind the existing glass to improve thermal performance.

When complete, the combination of the envelope renovation and geothermal system is projected to achieve significant energy savings of 60% compared to current usage.

Mastercard is also developing real-time monitoring and response capabilities throughout its operations to anticipate and adapt to increasingly unpredictable weather patterns, including installing weather stations to track extreme temperatures, heavy precipitation events and their impacts.

Latest News

22nd June 2026

Green group calls for end to subsidies for EVs using R1234yf

GERMANY: The influential German environmental aid association Deutsche Umwelthilfe (DUH) is calling on the German government to end subsidies for electric cars with R1234yf refrigerants in their AC systems.
22nd June 2026

Daikin agrees $8.5m penalty over hazardous PTAC

USA: Daikin has agreed to pay an $8.5m civil penalty for failing to immediately report that one of its US-made Amana packaged terminal air conditioners could overheat.
21st June 2026

Korea project to improve refrigerant management

KOREA: The Korean Ministry of Climate, Energy and Environment and the Korea Environmental Industry & Technology Institute has announced an initiative to improve the country's HFC refrigerant management.
21st June 2026

Ammonia leak kills 7 and sends 70 to hospital

INDIA: Seven people are reported to have died and over 70 hospitalised following an ammonia gas leak at a seafood factory in Tamil Nadu.
20th June 2026

Year-long trial proves electric TRU reliability

UK: Following a year-long trial of Sunswap’s Endurance solar and battery-powered transport refrigeration unit by the TIP Group, the trailer and truck hire company has recorded a 100% uptime.
19th June 2026

Daikin Applied builds new $30m US training centre

USA: Daikin Applied has broken ground on a new $30m training facility in Plymouth, Minnesota.