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Mastercard, a global payment and technology company is set to launch Carbon Calculator features. Mastercard is in talks with Indian Banks to launch the Carbon Calculator feature which will offer the consumers an estimated carbon footprint for each of their purchases.
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Carbon Calculator is a service that will be provided to banks. It is a personalized carbon footprint tracker that can tell consumers the cumulative effect of carbon footprint across various spending categories in a month. It has already been launched in several countries, now it will be launched in India too.
Mastercard Carbon Calculator is developed with the collaboration of Swedish Fin-tech Doconomy and it is currently used in 25 countries. The banking partners can also embed the tracking tool in their websites or mobile apps.
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