Recycled plastic on cards for Nationwide customers
NATIONWIDE Building Society is to issue debit and credit cards made from recycled plastic, in a move it estimates will save 35 tonnes of carbon emissions a year.
The provider, which issues 5.4 million cards annually, said it is the first major UK bank or building society to take such a step.
Nationwide, which is the UK’s largest building society, has pledged to eliminate single- use plastics by 2025.
The new “eco- friendly” cards, made from recycled PVC materials, will be rolled out from next spring.
They will be issued to current account members first, before being rolled out across Nationwide’s product range.
The society said the move is part of a wide focus on sustainability.
Claire Tracey, chief strategy and sustainability officer at Nationwide Building Society, said: “We’re proud to be the first high street lender in the UK to offer cards made from recycled plastics.
“Our members tell us that, despite the tough times right now, they still want to make the world a greener place.”
She added: “Today’s news is anotherstepforusinhelpingtheUK to achieve net- zero by 2050 and a significant step in us eliminating single- use plastics by 2025.”
Nationwide currently offers customers an in- branch recycling service for expired cards.
It has also set aside £ 1bn for members to borrow at a low interest rate if they want to make their homes greener.
The new cards, manufactured from sustainable resources, will be produced in partnership with payment cards supplier Idemia.