The Climate Neutral Credit Card – A Business Solution
Zurich, July 19, 2012 – A new sustainability tool, the Climate Credit Card allows climate-conscious companies to compensate their emissions automatically – at no additional cost
The world's leading climate action solution provider, South Pole Carbon in Zurich, and the credit card company, Cornèrcard in Lugano, have launched Switzerland’s first climate neutral credit card as a business solution for Swiss companies. All CO₂ emissions of purchases by employees are measured, reported individually to each employee, and compensated with high quality emission reduction projects in developing countries. All this at no extra cost!
The revolution in energy is happening. Corporations will be facing new energy and CO₂ -related regulations in the near future. Switzerland has set the political objective of an 80% reduction in emissions by 2050. The transition to a low-carbon economy is inevitable, and a proactive approach will pay off in both the short and long run.
It is only a question of time before Swiss corporations will be required to report on their CO₂ -emissions, a meaningful and necessary step. Only when corporations become aware of the origin and quantity of their CO₂ emissions can they reduce their emission levels and increase efficiency to remain internationally competitive.
In a climate-friendly corporate strategy, the Climate Credit Card acts as a useful and effective sustainability tool. The individual climate report informs your employees of the composition of their CO₂ -footprint. The emissions will be compensated automatically with emission reduction projects. The corporation and the employees receive detailed information on the individual projects supported through the use of the card.