A unique, environmentally-friendly corporate charge card has been designed to reduce business advisory firm Deloittes carbon footprint.
Launched by co-creator Barclaycard Business, the card, made from recyclable plastic, is the first of its type to offset some of the environmental impact of goods and services purchased by Deloitte.
It will be the first organisation to make a carbon offset corporate card available to its 11,000 UK staff.
The principle works similarly to cardholder reward schemes but will be used to fund a recognised carbon offsetting programme, whereby Deloitte purchases certified emissions reductions (CERs) through the banks emissions trading desk.
Barclays Capital will also arrange for the CERs to be cancelled, effectively ensuring that the certificates are untradable in the...