{"id":72583,"date":"2021-11-14T21:46:00","date_gmt":"2021-11-14T19:46:00","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=72583"},"modified":"2021-11-14T21:46:00","modified_gmt":"2021-11-14T19:46:00","slug":"visa-eco-benefits-to-encourage-cardholders-engage-in-sustainability","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/visa-eco-benefits-to-encourage-cardholders-engage-in-sustainability\/","title":{"rendered":"Visa Eco Benefits to encourage cardholders engage in sustainability"},"content":{"rendered":"

Visa<\/a>, a leading global payments technology company, announced today the launch of Visa Eco Benefits, a new package of sustainability-focused benefits for account issuers designed to enable and encourage their cardholders to engage in sustainable consumption behaviors.<\/p>\n

The Visa Eco Benefits bundle will be available first in\u00a0Europe\u00a0and then rolled out globally during the next year to Visa\u2019s clients. With this new offering,\u00a0Visa\u00a0continues to play a leading role in driving sustainable commerce and climate action in the payments industry, supporting its clients\u2019 objectives to meet increasing demand from cardholders to enable sustainable consumption and living.<\/p>\n

The Visa Eco Benefits bundle will allow\u00a0Visa\u00a0issuers to add sustainability-focused benefits to existing\u00a0Visa\u00a0cardholder credit\/debit products, enabling cardholders to understand the impact of their spending on the environment, as well as encourage sustainable consumption and behaviors.<\/p>\n

The package includes Carbon footprint calculator, carbon offsets, personalized education for customers on how to encourage more sustainable consumption, sustainable card materials, donations to environmental organizations, expanded rewards for cardholders for sustainable behaviors.<\/p>\n

Insights offered by\u00a0ecolytiq<\/a>\u00a0for cardholders into the estimated carbon footprint of their spend, including a new temperature score, which helps cardholders understand the climate impact of their personal spending behavior and how their consumption choices contribute to the 1.5\u00b0C Paris Climate Change Agreement goal.<\/p>\n

\u201cAt Visa, we recognize the urgency of climate change and are committed to a new era of sustainable and inclusive economic growth,\u201d said\u00a0Charlotte Hogg, executive vice president and chief executive officer,\u00a0Europe,\u00a0Visa. \u201cAs an engine of global commerce, we have the opportunity to work with clients and partners around the world to help embed sustainability into the payments ecosystem and support cardholder and business choices through the transition.\u201d<\/p>\n

According to a\u00a0recent\u00a0GlobeScan\u00a0study<\/a>\u00a0of 31,000 people across 31 markets, consumers continue to have high ambitions for sustainable living. According to\u00a0Visa\u00a0cardholder research, these high aspirations for sustainable living carry through to banking and payments. For example, a majority of\u00a0U.S.\u00a0cardholders surveyed agreed that sustainability is important to them, with 62% very likely or somewhat likely to apply for a sustainability-focused payment card and trends skewing higher in the millennial generation. In\u00a0Europe, cardholders ranked sustainability-focused features most important after traditional card benefits like fraud protection and acceptance in choosing their next payment card.<\/p>\n

The Visa Eco Benefits bundle is a continuation of Visa\u2019s global aspiration to be a climate positive company, using its products, services, data, network and brand to drive sustainable commerce and support the transition to a low-carbon economy. Earlier this year,\u00a0Visa\u00a0announced a pledge to reach net-zero emissions by 2040<\/a>, ten years ahead of the Paris Climate Agreement goal.<\/p>\n

\u201cSustainability is the challenge of our time, but also one of the greatest opportunities for the finance industry,\u201d said\u00a0Ulrich Pietsch, co-founder and chief executive officer, ecolytiq. \u201cEquipped with the right tools like the Visa Eco Benefits bundle, the finance industry becomes the driving force for change by educating millions of consumers about their impact and by empowering them to take effective climate action to build the sustainable future we all deserve.\u201d<\/p>\n

Visa\u2019s Eco Benefits bundle is the latest milestone in Visa\u2019s sustainability leadership. The company\u2019s recognition includes inclusion on the following: Dow Jones Sustainability North American Index, America\u2019s Most Responsible Companies, and 100 Most Just Companies.<\/p>\n

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Visa, a leading global payments technology company, announced today the launch of Visa Eco Benefits, a new package of sustainability-focused benefits for account issuers designed to enable and encourage their cardholders to engage in sustainable consumption behaviors. The Visa Eco Benefits bundle will be available first in\u00a0Europe\u00a0and then rolled out globally during the next year […]<\/p>\n","protected":false},"author":410,"featured_media":72586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6261,984],"tags":[11689,9137],"yoast_head":"\nVisa Eco Benefits to encourage cardholders engage in sustainability - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Visa announced the launch of Visa Eco Benefits, a new package of sustainability-focused benefits for account issuers designed to encourage their cardholders engage in sustainable\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/visa-eco-benefits-to-encourage-cardholders-engage-in-sustainability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Visa Eco Benefits to encourage cardholders engage in sustainability - 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