The new solution will spark a green revolution in finance." - emphasized Péter Jendrolovics, Managing Director of Granit Bank and Head of Retail Banking.Īccording to a recent Mastercard survey, 85% of respondents worldwide said they would be willing to take personal action to tackle environmental and sustainability challenges in 2021. In addition, with the help of a Hungarian foundation, they can easily offset their emissions by deciding to plant trees that efficiently absorb CO2 through a few clicks and even monitor the CO2 neutralizing effect of their own trees on a daily basis. We are delighted that Gránit Bank is the first commercial bank in the world to offer its customers the possibility to track the CO2 emissions of their everyday life, based on their personalized card purchases.
With the new feature available in the bank's mobile app, the Eco Calculator, they can take their environmental awareness to the next level. "By choosing Granit Bank as their digital platform provider, customers are already preserving the environment, as they avoid using significant amounts of paper and CO2 emissions when banking online. We very much hope that more banking services such as this will help people make sustainability-conscious choices when shopping, as it is in our common interest to protect our planet" - said Endre Eölyüs, Director of Mastercard Hungary and Slovenia. Congratulations to Gránit Bank for this exemplary step to promote environmental awareness among their customers. "We are very proud when Hungarian banks, such as Gránit Bank, are among the first in the world to make innovative solutions available to their customers. The Carbon Calculator is based on the Åland Index from Doconomy, which estimates the carbon footprint of each card transaction from actual carbon emissions data of the largest companies and industry averages. Gránit Bank has already rolled out the function to its own customers. European and Latin American banks are pioneers of the sustainable solution: in addition to Granit Bank they were the first to sign up to the Mastercard Carbon Calculator. In the occasion of the United Nations Climate Change Conference (COP26) Mastercard announced that it will accelerate its net zero greenhouse gas emissions roadmap by one decade, from 2050 to 2040. The Carbon Calculator was developed by Mastercard, together with Swedish fintech Doconomy, to help inform consumer spending and encourage more climate conscious spending choices. From now on the bank's customers can track the carbon footprint of their purchases using the mobile banking app.īudapest - Gránit Bank is one of the first banks in the world who introduced the Mastercard carbon calculator on 15 th November 2021, which allows cardholders to view the environmental impact of their purchases through their mobile bank.
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