{"id":86670,"date":"2023-04-10T13:07:44","date_gmt":"2023-04-10T11:07:44","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=86670"},"modified":"2023-04-10T13:07:44","modified_gmt":"2023-04-10T11:07:44","slug":"all-mastercard-plastic-payment-cards-to-be-of-more-sustainable-materials-by-2028","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/all-mastercard-plastic-payment-cards-to-be-of-more-sustainable-materials-by-2028\/","title":{"rendered":"All Mastercard plastic payment cards to be of more sustainable materials by 2028"},"content":{"rendered":"

All newly\u2013produced Mastercard<\/a> plastic payment cards will be made from more sustainable materials by January 2028 – including recycled or bio-sourced plastics such as rPVC, rPET, or PLA1<\/sup>\u00a0– and approved through a certification program, in a first move for a payment network.<\/p>\n

The company will support its global issuing partners through the transition away from virgin PVC.<\/p>\n

This move further reinforces the company\u2019s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way to reduce the environmental impact of their wallet.<\/p>\n

Mastercard launched its Sustainable Card Program in 2018. Since then, over 330 issuers across 80 countries have signed up, working\u00a0in partnership<\/a>\u00a0with major card manufacturers to transition more than 168 million cards across its network to recycled and bio-based materials. Today\u2019s announcement further accelerates these efforts, while also complementing the company\u2019s work to deliver innovative, digital-first card programs that fully eliminate the need for a physical card offering.<\/p>\n

The rule change will see all newly made cards certified by Mastercard to assess their composition and sustainability claims; this certification will then be validated by an independent third-party auditor. Once a card has been validated it can be imprinted with a Card Eco Certification mark.<\/p>\n

\u201cAt Mastercard we are leading and shaping our industry\u2019s collective pursuit of a more sustainable, more environmentally conscious future,\u201d said Ajay Bhalla, President of Cyber & Intelligence at Mastercard. \u201cAs our customers respond to increased consumer desire to make more eco-friendly choices, we are making a firm commitment to reducing our environmental footprint \u2013 for the benefit of people, planet and inclusive growth.\u201d<\/p>\n

Mastercard established its sustainability efforts more than a decade ago with a focus on financial inclusion, data responsibility and the environment. Through its network it collaborates with partners to bring new environmental innovations and initiatives to market, such as our Priceless Planet Coalition, Carbon Calculator as well as the Sustainable Card.<\/p>\n

\u201cMastercard is committed to advancing climate action and reducing waste by driving our business toward net zero emissions and leveraging our network and scale to accelerate the transition to a low-carbon, regenerative economy,\u201d said Ellen Jackowski, Chief Sustainability Officer for Mastercard.<\/p>\n

In 2018, through Mastercard\u2019s Digital Security Lab, the company launched the Greener Payments Partnership with card manufacturers Gemalto, Giesecke+Devrient and IDEMIA to reduce the use of first-use PVC plastic in card manufacturing. Mastercard\u2019s participant banks span more than 80 different countries worldwide. It launched the\u00a0Mastercard Card Eco-Certification<\/a>\u00a0(“CEC”) scheme in 2021.<\/p>\n

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All newly\u2013produced Mastercard plastic payment cards will be made from more sustainable materials by January 2028 – including recycled or bio-sourced plastics such as rPVC, rPET, or PLA1\u00a0– and approved through a certification program, in a first move for a payment network. The company will support its global issuing partners through the transition away from […]<\/p>\n","protected":false},"author":410,"featured_media":86671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,13329],"tags":[],"yoast_head":"\nAll Mastercard plastic payment cards to be of more sustainable materials by 2028 - Csr Egypt<\/title>\n<meta name=\"description\" content=\"All newly\u2013produced Mastercard plastic payment cards will be made from more sustainable materials by January 2028,including recycled or bio-sourced plastics\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/all-mastercard-plastic-payment-cards-to-be-of-more-sustainable-materials-by-2028\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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