Doconomy and Mastercard sets global standard with Carbon Calculator

“Companies, consumers and communities must work together to make the significant changes needed to effectively address climate change” said Jorn Lambert, Mastercard Chief Digital Officer. “The Mastercard Carbon Calculator informs consumers about the carbon footprint of their purchases, so that they can make more mindful spending decisions and contribute to forest restoration. By embedding sustainability in the very fabric of our business, we can unlock the power of our network, reaching billions of consumers and partners, to create positive change for the environment.”

“By engaging a whole industry in enabling individual insights as well as collective action, Mastercard has redefined the role the financial industry can play in every day life in tackling the climate crisis” said Mathias Wikström, Doconomy Chief Executive Officer. “When others are talking of the importance of ESG, Mastercard is putting it to work at the fingertips of the consumer”.

With the Åland Index powered Carbon Calculator integrated across the global Mastercard network, this new digital tool bridges the gap between awareness and action when it comes to accelerating positive climate efforts. Banks can easily adopt and customize this feature to equip environmetally-conscious consumers with Information about carbon impact to help inform their spending.