More consumers across Asia Pacific are shopping
with a conscience, according to the results of the latest
MasterCard survey on Ethical Spending.
Social responsibility and
sustainability remain high on the agenda for the regions shoppers
with 70% of respondents saying that they made fair trade
purchasing choices in the last two to three years. This is up from
the region-wide figure of 66% last year. Some 55% of those polled
also indicated that they were willing to pay more for products
based on fair trade principles.
Thailand (95%), Malaysia (85%),
and China (86%) continue to have the highest proportion of
respondents who based their purchases on fair trade principles,
showing an increase over the 2009 survey figures. They were also
the top three markets for fair trade purchases in last years
survey.
The survey was conducted online from 3 September to 1
October 2010 and involved 8,500 consumers from the following 15 markets across
Asia Pacific, Middle East and Africa: Australia, China, Hong Kong,
India, Indonesia, Japan, Malaysia, New Zealand, Philippines, South
Africa, South Korea, Singapore, Taiwan, Thailand and United Arab
Emirates.
The MasterCard survey also shows that 61% of
respondents in Asia Pacific bought items specifically because they
were environmentally friendly, holding steady from the 62% in
2009. In fact, 61% of respondents across the region said they were
willing to pay more for products that are environmentally
friendly. Similarly, 56% of respondents said they were willing to
pay more for products with a percentage of the sale being donated
to a good cause.
It is very encouraging to see that shopping
with a conscience has taken root our latest research shows that
Asia/Pacific shoppers are not just focused on good buys, they are
just as focused on doing good, said Georgette Tan, vice
president, Communications, Asia Pacific, Middle East and Africa,
MasterCard Worldwide.
Understanding consumers evolving
sentiments and behavior, MasterCard has been focused on building a
strong social responsibility and citizenship program across the
region.
To give cardholders a platform to shop ethically and
responsibly, MasterCard launched MasterCard Purchase with Purpose
in 2009 to encourage this trend of shopping with a conscience.
MasterCard Purchase with Purpose initiatives enable cardholders to
play a part in giving back to the community whenever they use
their MasterCard cards.
To date, MasterCard has launched 20
Purchase with Purpose initiatives across 14 markets in
Asia Pacific, Middle East and Africa benefiting a host of womens
empowerment and youth education causes.
With MasterCard
Purchase with Purpose, we feel that we are truly living up to our
role at the heart of commerce - bringing together our merchant
partners, customer banks and cardholders to empower and benefit
the less fortunate in our community, added Tan.
While
Asia Pacific consumers are looking to shop more ethically, one in
two of those polled in another MasterCard consumer survey are planning to make a charitable contribution in the next six months.
Respondents in the Philippines (68%), Hong Kong (66%), Malaysia
(63% and Indonesia (62%) were the most charitable within the
region.
The survey conducted from 13 September to 11 November
20102 and involved 10,502 consumers from the following 24 markets across
Asia Pacific, Middle East and Africa: Australia, China, Egypt,
Hong Kong, India, Indonesia, Japan, Kenya, Kuwait, Lebanon,
Malaysia, Morocco, New Zealand, Nigeria, Philippines, Qatar, Saudi
Arabia, South Africa, South Korea, Singapore, Taiwan, Thailand,
United Arab Emirates and Vietnam.
Among the Asia Pacific markets, the charitable
consumers were mostly married (51%) and 55 years and above (57%).
Women (50%) are slightly more inclined towards making a charitable
donation than their male counterparts (48%).
In comparison, the
Middle East markets were much more charitable, with 70% planning
to make a donation in the next six months. Similar to
Asia Pacific, the charitable consumers were mostly married (72%),
55 years and above (77%) and female (71%).
Of all the consumers
looking to make charitable contributions, across the 24 markets
surveyed, the majority plan to donate 1-2% of next years annual
salary. Kenya stood out with the 50% planning to donate more than
5% of next years annual salary.
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