Fri, Nov 22 2024
With the award of the Mastercard Sustainability Badge, allpay Limited is able to put itself at the forefront of ecologically friendly business operations.
Globally, plastic payment cards are rapidly taking the place of cash as the most practical, safe, and environmentally friendly method of payment, with over 3 billion being shipped each year.
Industry and government agencies are establishing goals and strategies to decrease plastic consumption, promote reuse, or enhance plastic's ability to be recycled at the end of its useful life. In light of this, the payment card industry was forced to act decisively in order to launch a new wave of greener card body solutions.
Mastercard's Sustainability Badge is an indication of their dedication to using eco-friendly materials while making cards. Reaching this marks an important turning point for allpay and demonstrates the company's commitment to environmentally responsible operations.
enhancing sustainability indicators for every card that is delivered
Allpay has shown notable progress over the last 12 months when compared to the Commission for Environmental Cooperation (CEC) Baseline. Devoted to minimizing the ecological footprint of every card that exits its UK-based manufacturing plant, the outcomes have been overwhelmingly favorable.
- 48% less energy was used overall.
- Production garbage: By removing garbage from landfills and incinerators, a 100% improvement was attained.
- Consumption of Non-Recycled Material: 73% was reached.
- 50% reduction in non-renewable energy consumption.
by coming into line with Mastercard's vision for a future that is more ecologically conscious. The card production plant situated in the UK had to take into account many factors such as card composition, card sourcing, designing for sustainability, sustainable marketing best practices, and the materials utilized.
The head of site operations at allpay Limited, Jamie Taylor, thanked the team in a statement for their honor and emphasized how hard they worked together to reach this milestone. "Our continued dedication to sustainable practices is demonstrated by this Mastercard Sustainability Badge. Our goal is to have a positive environmental impact, and this accomplishment is a result of our ongoing efforts to push the envelope in terms of sustainable card manufacture."
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