Exclusive partnership between Visa and Plan A to decarbonize businesses worldwide

● Plan A’s sustainable development platform enables companies to steer their way towards “Net Zero” and reduce their CO2 emissions by at least 5% per year and up to 50% over 10 years.

● The partnership will accelerate Plan A’s mission to measure and reduce 1 gigatonne of CO2e per year.

● The scientific SaaS solution enables sustainable business transformation and efficient ESG reporting in terms of time and cost.

● Charlotte Hogg, CEO of Visa Europe: “Plan A offers advanced sustainability services that help companies achieve their own Net Zero reduction target”.

Plan A has developed a state-of-the-art SaaS solution for companies’ CO2 accounting, decarbonisation and ESG reporting. Through this partnership, Visa and Plan A aim to empower businesses to prepare for the future and remain competitive by managing their Net Zero journey from end to end on a single platform. The alliance is also expected to accelerate Plan A’s mission to measure and reduce 1 gigatonne of CO2e per year.

An alliance to decarbonise companies and reduce their financial risk

In the coming months, new rules will transform climate risk into financial risk for companies. Plan A offers a secure, data-driven and scientifically sound software solution (certified by TÜV Rheinland) for advanced mapping and processing of Tier 1, 2 and 3 emissions, setting Net Zero targets in line with scientific targets and decarbonisation planning, as well as production of ESG reports that comply with the strictest international standards. These capabilities will enable companies in Visa’s issuer network to decarbonize their businesses and value chains, comply with existing and future ESG regulations, and thereby reduce their strategic risk.

Thanks to the high degree of automation of the sustainability journey within the Plan A platform, decarbonisation and ESG reporting become highly scalable, time and cost efficient and frictionless.

Laurent Lasserre, France director of Plan A: “Just as Visa has pioneered digital payment services for decades, they are now leading the way in facilitating climate action for businesses. It is an incredible honor to announce our exclusive partnership with such an important company. Our goal is to combine Visa’s strong position with global enterprises with our industry-leading sustainability software solutions to enable more and more industries and companies to truly decarbonize their operations and value chains, address their ESG performance and become leaders in sustainable transformation. ”

Charlotte Hogg, CEO of Visa Europe: “Companies need transparency about their impact in order to reduce it. As part of our Fintech Partner Connect program, Plan A offers advanced sustainability services to merchants and financial institutions that complement and enhance our existing offerings and can help companies achieve their own zero-emissions goal.”

Plan A sustainable development platform: a SaaS software to cover the entire “zero emissions” journey.

The Plan A platform acts as a sustainability hub for companies to manage their entire Net Zero journey in a single SaaS solution. By automatically mapping all necessary data for Scope 1, 2 and 3 and combining them with emission factors, the software is able to create individual emission profiles and provide detailed carbon and ESG information in dynamic dashboards. Based on metrics with the greatest reduction potential, the software enables companies to set science-based Net Zero goals and achieve them through more than 1,000 decarbonization solutions and activities, using best practices and a network of service providers and sustainability professionals. At the end of this holistic process, the platform produces ESG reports that comply with the legislation.

Greentech’s in-house team of scientists, researchers and experts in carbon accounting, decarbonisation, sustainability and life cycle analysis as well as the newly appointed Scientific Advisory Board ensure that all platform-integrated calculations and decarbonisation solutions are fully compliant with internationally recognized scientific methods and standards. The scientific accuracy of the Corporate Carbon Footprint (CCF) calculation method is certified by TÜV Rheinland, one of the world’s leading verification bodies.
(© Plan A).

About Plan A
Plan A is a leading platform for corporate carbon accounting, decarbonisation and ESG reporting. The German company has developed a SaaS platform that combines the latest technology and the latest scientific standards and methods (certified by TÜV Rheinland). The end-to-end software solution automates CO2 emission calculation, CO2 reduction planning and ESG reporting for companies. Plan A’s clients include N26, BNP Paribas, ApaxPartners, Albion Capital, Sorare, BMW, Trivago, Société Générale, Payhawk and the EU.
The company was founded in 2017 and has already received several awards, the most recent being the Generalis SME EnterPRIZE Award 2021 and the prestigious The Europas Award 2021. As part of its sustainability initiative, Plan A recently revealed its carbon footprint for the base year 2020 (85, 74 tCO2e) and its goal to decarbonize at least 80% of avoidable emissions by 2025. Plan A is a B Corp certified company and adheres to strict social and environmental standards. Its score also places it in the top 5% of certified companies in the “governance” category.
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