ANZ today announced that all new Visa debit cards issued across the Pacific would be produced using a minimum of 70% recycled plastic.
ANZ Acting Regional Executive for the Pacific, Ravendran Achari, said: “Consumers are increasingly moving away from ‘first-use’ plastic, including shopping bags, water bottles and straws.
“Now, as customer cards expire or new ANZ customers receive their cards, we will begin issuing cards made from recycled plastic.
“We have already started this process and while there’s no change to the look and feel or security aspects of these cards, this is an important step in ANZ’s journey towards a more sustainable future.
“By switching to recycled plastic cards, we are lowering our impact on the environment. Studies undertaken by the supplier of the recycled plastic reveal a 44 - 60% reduction in the carbon footprint, compared to ‘first use’ plastic.”
“We will continue to look for ways to make our cards, and other parts of our business, more sustainable.
“As technology allows, we hope to increase the recycled content further to make the cards even more eco-friendly,” Mr Achari said.