EDENRED

Ticket EcoCheque — a reference program to promote responsible consumption - Seite 2

 

Genuine impact on greenhouse gas emissions: According to a CO2logic study commissioned by VIA in 2018, purchases made using eco-vouchers saved over 229,797 tonnes in CO₂ emissions in 2018, or the annual equivalent CO₂ emissions of 22,573 Belgian citizens. Every €1 spent on eco-vouchers leads to a 1kg in CO₂ emissions.

For businesses:

Eco-vouchers fit perfectly with businesses’ sustainable development policy, giving them a highly effective employee incentive that also reflects their environmental commitment in a very positive manner.

• An affordable and effective incentive program for companies: eco-vouchers are 56% cheaper for companies than distributing a net bonus of the same amount to their employees.
   
• A crucial benefit for attracting and retaining employees: According to Jobat, a Belgian online recruitment and media website, eco-vouchers are among employees’ preferred benefits.

Eco-vouchers, a model boosting the domestic economy and local jobs

Eco-vouchers provide access to specific goods and services sold by a clearly defined network of merchants and are valid for purchases solely in Belgium through formal business channels within a relatively short period.

• Significant support for the real economy: according to VIA, eco-vouchers represented an increase of sales and turnover of €256 million in Belgium in 2018.
   
• A driver powering local consumption: according to VIA, 41% of eco-vouchers are used in local stores and 49% in specialized outlets.
   
• An incentive more effective than cash: according to a study by consulting firm Roland Berger commissioned by VIA in 2017, the boost to domestic consumption was around €50 million higher with eco-vouchers than it would have been had the same net incentives been paid in cash. This additional consumption is equivalent to some 1,300 jobs.

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Edenred is the everyday companion for people at work. Its leading intermediation platform connects 50 million employees and 2 million partner merchants via 830,000 corporate clients, across 46 countries. Thanks to its global technology assets, the Group managed 2.5 billion specific purpose payment transactions in 2018, primarily carried out via mobile applications, online platforms and cards, and representing nearly €30 billion in business volume.