MasterCard to help track emissions with new service

The service will help corporate sustainability initiatives, MasterCard says

MasterCard WorldWide on Thursday announced a program to help companies go green by capturing and analyzing travel related carbon emissions based on card transactions.

The Carbon Emissions Reporting feature is intended to measure and report the impact of a company's travel activities on carbon emissions, which will contribute to corporate sustainability programs, MasterCard said in a statement.

The announcement was made with Brighter Planet, which will provide the cloud-based business intelligence software to analyze the data. Data collected will include flight, rental car, hotel and other travel purchases, which will passed through Brighter Planet's CM1 software. The carbon scores will then be reported through MasterCard's web-based expense management and reporting service.

Based on "standards-compliant" calculation methodologies, the service will let companies track, compare, and report emissions metrics across organizational divisions, MasterCard said.

Last year about 39 percent of Global 500 companies audited and reported employee travel footprints, said Patti Prairie, CEO of Brighter Planet, in a blog entry].

With the service, MasterCard corporate card holders will be able to access employee travel carbon data through existing software used to track and manage spending.

"This new value comes with no new costs, no new software programs to adopt, and no new partnerships to manage," Prairie said.

There is a growing interest in tracking carbon emissions as companies look to cut costs and streamline operations. Hewlett-Packard, for example, in March started offering services to monitor and report energy usage and carbon emissions in facilities and supply chains as a way to balance business operations with energy use and sustainability. HP's service is provided using tools from Hara, which provides environmental and energy management software.

MasterCard's carbon emissions reporting program will become available in the U.S. later this year.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business intelligencesoftwareapplicationsMasterCard WorldwideBrighter Planet

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?