This article is translated to English from the official Piraeus press release in Greek.

Piraeus, having integrated into all its activities practices for the transition to a climate-neutral society and economy by 2050, offers its customers, cardholders of the Bank, the Carbon Calculator service. With this service, offered for the first time in Greece, Piraeus customers can see an estimate of the carbon footprint associated with transactions they carry out with their cards, receive information on practices that contribute to its reduction and monitor with comparative tables his course.

The Carbon Calculator service was implemented in collaboration with Visa and ecolytiq and is available, free of charge, through Piraeus e-banking and Piraeus app, to private customers of Piraeus, holders of the Bank's debit, credit and prepaid cards.

As Mr. Yiannis Grammatikos, Head of Retail Banking Products of Piraeus points out: "At Piraeus, committed to the Principles of Responsible Banking, we are creating a new world, oriented towards a sustainable lifestyle, through a unique daily online banking experience that can significantly contribute to choice of more sustainable environmental behaviors, which in turn can lead to a climate-neutral society and economy by 2050".

Nikos Petrakis, Visa Country Manager for Greece, said: “Visa is committed to promoting a sustainable future, so we are excited about our partnership with Piraeus and ecolytiq. By monitoring their carbon footprint, users of the service will have the opportunity to make informed decisions, contributing to a more sustainable world. We believe that every transaction is a step towards a healthier planet and we are happy to be part of the journey towards a zero carbon future."

For his part, co-founder and CEO of ecolytiq, David Lais, said: "Piraeus and ecolytiq share a common philosophy when it comes to realizing sustainability: goals must be science-based and fully in line with the structure of the UN Sustainable Development Goals. We could not be more excited to be working with Piraeus to support their ambitious and near-term sustainability goals, but also to launch the first climate banking solution in Greece.”

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