SUNRATE joins Mastercard's Priceless Planet coalition

Tuesday 21 May 2024 12:11 CET | News

Asia-based B2B digital payments platform SUNRATE has joined Mastercard Priceless Planet Coalition to fight climate change through funding the restoration of 100 million trees.


This announcement is part of SUNRATE’s efforts to contribute to a sustainable economy and improvement of the planet. Mastercard founded the Priceless Planet Coalition in January 2020 which is guided by climate science and forest restoration experts Conservation International (CI) and World Resources Institute (WRI). The Coalition employs rigorous science-based practices for the selection, implementation, and monitoring of forest restoration efforts.

SUNRATE has joined Mastercard Priceless Planet Coalition to fight climate change through funding the restoration of 100 million trees.

Officials from Mastercard said the Priceless Planet Coalition works by uniting companies, communities, and consumers in collective, coordinated climate action. By pooling resources, it's possible to rapidly scale forest restoration work and environmental initiatives, while providing forward-thinking companies like SUNRATE with pre-existing infrastructure that easily – and cost effectively – allows them to have a tangible impact. It is this connectivity that makes the Priceless Planet Coalition different and more effective.

Also commenting in the news, representatives from SUNRATE said tackling climate change is critical to their sustainability framework and studies have shown that reforestation is key to combating global warming, which in turn influences climate change positively. Therefore, they are happy to join this initiative and work together with Mastercard and other stakeholders to protect the planet and make lives greener.

More information about SUNRATE

SUNRATE is an intelligent global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE is recognised as a prominent solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, and J.P. Morgan.

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Keywords: sustainability , partnership, ESG, carbon footprint
Categories: Payments & Commerce
Companies: Mastercard, SUNRATE
Countries: World
This article is part of category

Payments & Commerce




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