ADCB introduces region’s first Mastercard Carbon Calculator during COP28

ADCB introduces region’s first Mastercard Carbon Calculator during COP28

ABU DHABI/WAM Abu Dhabi Commercial Bank (ADCB) introduced the region’s first Mastercard Carbon Calculator, an innovative tool that supports the sustainability ambitions of businesses by providing data on the estimated carbon footprint of their corporate expenditure using the ADCB corporate cards. ADCB, which has joined the UN-convened Net-Zero Banking Alliance (NZBA) in support of the ...

ABU DHABI/WAM

Abu Dhabi Commercial Bank (ADCB) introduced the region’s first Mastercard Carbon Calculator, an innovative tool that supports the sustainability ambitions of businesses by providing data on the estimated carbon footprint of their corporate expenditure using the ADCB corporate cards. ADCB, which has joined the UN-convened Net-Zero Banking Alliance (NZBA) in support of the goals of the Paris Agreement, is partnering with customers on their transition to a net zero economy by expanding its suite of green products and services.

The ADCB Mastercard Carbon Calculator was officially launched by Mohammed Al Jayyash, Group Chief Operations Officer at ADCB, and Khalid Elgibali, Division President of Middle East and North Africa, Mastercard, at the COP28 global climate conference in the UAE. Developed by Mastercard, together with the Swedish fintech company Doconomy, the Carbon Calculator informs customers about the estimated carbon footprint of their purchases. The tool estimates the