News

G+D joins forces with Doconomy to offer digital sustainability-oriented tools

Wednesday 21 April 2021 14:00 CET | News

Giesecke+Devrient (G+D) and Doconomy have joined forces to enhance payment solutions with digital sustainability-oriented tools. 

By offering payment cards out of sustainable materials such as plastics pulled from oceans or bioplastics, G+D promotes eco-innovation in payment solutions that help banks and fintechs to implement their sustainability strategies. However, G+D's eco-friendly approach is not limited to the use of eco-materials for card manufacturing but spans the entire lifecycle of a payment card: from production and personalisation to delivery to users and the activation process and all the way to recycling the card.

Doconomy offers banks a digital service, helping consumers to track their individual environmental impact. The calculation is based on the purchases, orders and bookings made by the consumer and is presented through the Åland Index methodology: a cloud-based service and index solution for CO2 emission calculations for all payments and financial transactions. Consumers are thus supported in reducing negative impacts through behavioural change. In addition, Doconomy offers carbon offsetting solutions as well as carbon footrpint calculations on product level through the 2030 Calculator.

By offering to track consumers' carbon footprint, G+D and Doconomy will address banks and fintechs that have environmental goals and a focus on eco-innovation. The joint offering of the two companies will furthermore enable banks to build brand loyalty through sustainable solutions and a commitment to climate protection. 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, banks, fintech, cloud, transactions
Categories: Payments & Commerce
Companies:
Countries: Germany
This article is part of category

Payments & Commerce






Industry Events