With the help of MasterCard and Commerce Bank, FL-based Sustain:Green has created a new biodegradable MasterCard rewards program for cardholders with carbon offsets for their everyday purchases to help fund Mata no Peito rainforest preservation projects in Brazil.
Manmade carbon emissions are considered the leading cause of global climate change, yet carbon reduction and other sustainability efforts don’t always eliminate one’s carbon footprint to zero. To address this problem, MasterCard and issued by Commerce Bank, to reward users of the card, Sustain:Green reduces their carbon footprint by 2 pounds for every dollar in net merchandise purchases.
On the card’s first use, an additional 5,000 pounds of CO2 is eliminated on the cardholder’s behalf. Card users can calculate their carbon footprint and track their reduction through their personal online dashboard. All carbon offset purchases and retirement on behalf of Sustain:Green cardholders are recorded transparently on the American Carbon Registry and are verified as such by the non-profit Winrock International.
With a deep commitment to sustainability, Commerce Bank issues the Sustain:Green MasterCard and manages all aspects of the credit card not specifically related to the rewards program.
For transparent tracking and accounting of carbon offsets rewarded to card users, Sustain:Green works in concert with the non-profit American Carbon Registry (ACR). ACR is the world’s first private, voluntary offset program, with two decades of experience in the development of science-based greenhouse gas accounting methodologies, as well as operational experience in the oversight of carbon offset project verification, registration, offset issuance and retirement reporting.
The biodegradable Sustain:Green MasterCard also brings simplicity to corporate social responsibility efforts. CSR managers can track the collective carbon reduction of cardholders within their company through the online dashboard and non-profit organizations can anonymously track similar data of their members.
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