Cairo – Mubasher: Mastercard has joined forces with MDP to launch the first carbon calculator in Egypt, according to a press release.
This partnership aims to enable customers to understand and be fully aware of the environmental impact of their purchases.
The solution will provide MDP’s clients with access to measure their estimated carbon footprint generated by card purchases. This will help users to drive more informed purchasing decisions.
It is worth highlighting that the Carbon Calculator aligns with Egypt's Sustainable Development Strategy Vision 2030, which aims to reach a higher standard of sustainable economic development.
Ahmed Nafie, CEO at MDP, said: “As our customers respond to increased consumer desire to make more eco-friendly choices, we are making a firm commitment to reducing our environmental footprint. Every single transaction we can make towards a greener world matters.”
Inji Borai, Mastercard’s Country Manager in Egypt, commented: “As part of our commitment to driving our business toward net zero emissions by 2040, we hope to expand the benefits of this practical tool to other partners in Egypt and the wider region.”
In line with its commitment to achieving net-zero emissions by 2040, Mastercard developed a directory of sustainable materials and vendors for card products to connect banks with card manufacturers and embed sustainability at the core of its supply chain.
The tech firm highlighted that more than 519 issuers across 97 countries signed up to transition 388 million cards across its network until this date.
