National

Vancity to offer carbon footprint credit card

Darpan News Desk The Canadian Press, 19 Oct, 2022 03:59 PM

Vancity says it is launching a program that will allow its Visa credit card holders to track the estimated carbon emissions of their purchases.

Launching in 2023, we will be the first financial institution in Canada to offer members and cardholders a tool to estimate the CO2 emissions from their Vancity enviroVisa card purchases – the Vancity Carbon Counter! https://t.co/TYhHjn2eRP
— Vancity (@Vancity) October 19, 2022

The Vancouver-based credit union says all Vancity Visa credit card holders will be offered the data, which will also include how their spending-linked emissions compare nationally and which purchases have the highest environmental cost.

Vancity says it is partnering with climate-focused German fintech ecolytiq to offer the carbon calculator.

The credit union says it will be the first to offer a Visa-based carbon footprint calculator in Canada when the program becomes available in the new year.

Mastercard last year announced a carbon calculator tool that banks could roll out to customers, but did not immediately respond to clarify whether any Canadian banks currently offer its calculator tool.

The Mastercard option was rolled out in collaboration with Doconomy, a Swedish fintech company that in 2019 launched a credit card with a carbon footprint limit.

Prev Next

MORE National ARTICLES

Daily heat records set in many areas of B.C.

Environment Canada says a preliminary review of daily maximum temperatures shows records were set in areas from the south and central coasts to the central Interior and northeastern sections of B.C.

Daily heat records set in many areas of B.C.

Weekend shooting in the Guildford area of Surrey lands man in hospital

At approximately midnight on Sunday, Surrey RCMP responded to a report of shots fired in the 16200 block of 80thAvenue. A male suffering from injuries was transported to a local hospital with serious injuries.

Weekend shooting in the Guildford area of Surrey lands man in hospital

COVID-19 travel restrictions, mask mandate ending

The cabinet order maintaining COVID-19 border measures will not be renewed when it expires on Sept. 30. But Health Minister Jean-Yves Duclos is once again warning that pandemic restrictions could be reinstated if they are needed.

COVID-19 travel restrictions, mask mandate ending

B.C. to cut child-care fees by up to $550 a month

The fee reductions will mean families with children in kindergarten and younger in eligible care, or about 69,000 kids, will receive the lower fees, she said at a news conference Friday at a Burnaby elementary school that provides child-care services.

B.C. to cut child-care fees by up to $550 a month

Temporary EI measures set to expire before reform

Workers applying for employment insurance benefits will have to qualify based on pre-pandemic rules starting Sunday, when temporary measures are set to expire. The Liberal government has pledged to reform EI and address gaps in the program, but temporary measures that were put in place during the pandemic will expire before any reform is implemented.

Temporary EI measures set to expire before reform

'Volatile' patient arrested at B.C. hospital

Vancouver Police say an investigation is underway after a patient allegedly armed with a knife chased a doctor at BC Women's Hospital and tried to access a locked nursery as staff hid to protect themselves. Sgt. Steve Addison says he has listened to chilling 911 calls from staff and social workers fearful of the volatile woman, whose child is also a patient at the hospital.