Directory of Sustainable Card Materials and Vendors Now Available. 60+ Financial Institutions have Issued Cards Made from Recyclable, Bio-Sourced, Chlorine-Free, Degradable and Ocean Plastics
More than three quarters of people say they are “very concerned”[1] about the environment and feel companies should be doing more to address their impact on the planet[2]. As consumers look for ways to help tackle climate change through their own positive actions, many are limiting their use of single-use plastics. To address this growing concern, Mastercard has worked with global industry players to develop a sustainable card program for all card issuers globally. A new directory of sustainable materials and vendors for card products aims to make sustainable choice the preferred option for all financial institutions worldwide and drive enhanced innovation.
Today, Mastercard’s sustainable card offerings are available to consumers in over a dozen countries globally and more than 60 financial institutions have issued cards with approved materials made from recyclable, bio-sourced, chlorine-free, degradable and ocean plastics. These institutions include Crédit Agricole and Mauritius Commercial Bank, as well as Santander, which will issue cards shortly. With this resource, banks can learn more about these alternatives, connect to card manufacturers and ultimately augment their own sustainability initiatives with a systemic change to their supply chain.