Mastercard launches carbon calculator in its latest attempt to go green
CNN
Mastercard wants its customers to understand how much their spending habits are contributing to carbon emissions and global warming.
The credit card company created a calculator that measures consumers' carbon footprints based on what they purchase. The tool, which will be available on the Mastercard website and app on Monday, focuses on specific spending categories but doesn't track individual transactions. The calculator gathers information using a methodology called the Doconomy Åland Index, which collects data from Trucost, an ESG analysis company that estimates businesses' hidden costs of using unsustainable natural resources.
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