Banco Sabadell, committed to sustainability, will help restore 100,000 trees together with MastercardOctober 5, 2021 | By Ana Díaz Sacristan
Banco Sabadell becomes the first bank to join this coalition in Spain.
Mastercard Priceless Planet Coalition unites companies, financial institutions, local authorities and consumers around the world with the common goal of restoring 100 million trees by 2025 and implementing actions that contribute to safeguarding the planet and fighting climate change.
Madrid, October 5 2021. Banco Sabadell, committed to a more sustainable economy and improving the planet, announces that it will join Mastercard's global Priceless Planet Coalition project with the goal of restoring 100,000 trees by 2025. Banco Sabadell becomes the first bank to join this coalition in Spain.
Launched in January 2020 by Mastercard, Priceless Planet Coalition (PPC) unites the efforts of companies, financial institutions, local authorities and consumers to fight climate change by planting 100 million trees over five years, with the help of forestry and climate change expert organizations such as Conservation International (CI) and the World Resources Institute (WRI). In many regions, PPC partners are launching campaigns to engage with consumers and help them take action for the environment and reforestation through innovative fundraising technologies.
“We are joining Mastercard’s Priceless Planet Coalition, a relevant commitment, to restore the most needed areas of the planet and to join efforts to mitigate climate change and to achieve a positive impact in our planet in cooperation with all its partners”, said Ana Ribalta, Deputy General Director & Sustainibility Director at Banco Sabadell.
According to Paloma Real, Country Manager of Mastercard Spain: "We are excited that Banco Sabadell will be our first partner in Spain to join our Planet Priceless Coalition. We are proud of sharing with this great entity the desire to look after our planet and fight against climate change. Mastercard has always been committed to building a more inclusive and sustainable digital economy in which people, communities and the planet can thrive."
About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.