HSBC has launched a credit card with green rewards.
Customers who spend at least $3,000 using HSBC’s new ecosmart MasterCard can redeem earned points in the form of charitable donations to organization involved in the HSBC Climate Partnership, including Earthwatch Institute and Smithsonian Tropical Research Institute. Other organizations that HSBC card members can support with their earned points include Arbor Day Foundation, Wind Power Renewable Choice, and Our Energy.
Card members, who will receive one reward point for every dollar spent on the new card, will also be able to redeem reward points for environmental-friendly merchandise, such as a rechargeable mulching mower or a garden composter, or to purchase gift cards at various retailers.
Some banks have been reluctant to market green credit cards because they don’t want to appear “too green” or judgmental of their customers’ behavior.
Others have embraced the idea:
Brighter Planet launched a green card with Bank of America.
GE launched the GE Money Earth Rewards Platinum MasterCard.
MetaBank issued a GreenPay MasterCard.
Barclaycard has a green credit card
Wells Fargo offers a credit card with renewable energy reward options.
EBAY'S WATER CONSERVATION PROGRAM PAYS FOR ITSELF
eBay saves water and energy with a program that'll achieve ROI within 18 months. How much could you save? Go to calculator>>
CLEAN ENERGY DOESN'T GET ANY COOLER THAN THIS
Hybrid Cooling Solutions from Ice Energy. There's no cooler way to improve your bottom line. Discover the power of Ice. >>
CUT ENERGY COSTS WITH VMWARE VIRTUALIZATION
Eliminate server sprawl, reduce costs and save energy with VMware Virtualization >>
FINALLY! NEXT-GENERATION CARBON MANAGEMENT SOFTWARE FOR BUSINESSES
Clear Standards environmental intelligence software helps businesses measure, analyze, and reduce their carbon footprint. No more spreadsheets! >>
It's a perfect storm for green communications. There are two industries traditionally considered first for the chop during an economic downturn: environment ... continue »
The "Energy Star" label is extremely or very important to 68 percent of consumers, according to the fourth EcoPinion Survey from ...
click to view full size chart »
A Telegraph Business Club Video MasterClass by Guy Beaudin the Head of Solutions for PC World Business on SMEs and the environment....
Comments
This is the sort of thing that needs to continue happening, in order for demand to catch up with what we know of what we must do to change the world. The We Are Many Festival, as well as other efforts, seek to speed up this movement. Congrats HSBC! Contact me if you’d like to invest more in the green movement.
Hunter May 29th, 2008