- March 25, 2023
Razer is letting consumers and businesses go green with the introduction of Restorify, an e-commerce service rolled out by Razer Fintech, the financial technology arm of Razer.
Restorify lets customers lower their environmental footprint and granularly carbon offset—or compensate for their emissions by funding an equivalent CO2 saving elsewhere—when shopping online.
The traceable carbon neutral checkout solution was launched during COP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change. Razer’s announcement at the event is in support of the goal for the world to reach net-zero emissions by 2050.
With Restorify, consumers can estimate the carbon footprint that would occur in a specific transaction and provide a traceable carbon offset for that purchase. The amount of carbon offset has also been fractionalized into smaller denominations and recorded in the ESGpedia registry to make it easier to track. Once you’ve made an order, you’ll get an emission offset certificate, which lists the country of origin and the specific offsetting program used.
Restorify is also applying a mass product emissions calculator that helps businesses estimate their carbon footprint based on a product’s emissions across its life cycle.
While carbon neutral shopping carts exist, the solution offered by Restorify ensures that all carbon credits used are traceable, so consumers can know exactly where their money went. Restorify allows consumers to meaningfully take climate action by enabling them to offset their purchases, and will also help businesses decarbonize so that the planet remains an arena everyone can continue to play in.