SOURCE: PYMNTS.COM
PHOTO: PIXABAY<\/p>\n\n\n\n
<\/a><\/a><\/a><\/a><\/a><\/p>\n\n\n\n Mastercard<\/a> and Swedish FinTech Doconomy<\/a> have collaborated to develop a tool that lets consumers calculate the carbon footprint of their shopping habits, according to a press release<\/a>.<\/p>\n\n\n\n The Mastercard Carbon Calculator<\/a> is now part of the company\u2019s global network and is customizable to suit the needs of banks\u2019 eco-conscious clients, the release stated. New Mastercard research showed that sustainability is on the minds of people post-pandemic, with 54 percent indicating that preserving the environment is more important now than it was pre-COVID-19. The new data pointed to a growing eco-consciousness trend when it comes to spending and consumption.<\/p>\n\n\n\n The research also showed that 58 percent of consumers are more eco-conscious than ever before, with 65 percent of millennials and Generation Z leading the way, according to the release. Some 62 percent of respondents also said they thought corporations should step up their sustainability efforts.<\/p>\n\n\n\n \u201cCompanies, consumers and communities must work together to make the significant changes needed to effectively address climate change,\u201d said Mastercard Chief Digital Officer Jorn Lambert<\/a> in the release.<\/p>\n\n\n\n