News in Brief

Eco Payment Cards from G+D

Giesecke+Devrient (G+D) has pledged to replace all virgin plastic in its payment card products with recycled industrial compostable or biodegradable products by 2030 at the latest.

According to the company, beyond its direct positive impact through sustainable material choices, a payment card without virgin plastic is also a social statement and thus a powerful symbol of change. Being the first, G+D believes the whole payment card industry will follow its example, which will completely eliminate virgin plastic from more than 3 billion payment cards being produced annually worldwide.

Today, G+D is already supporting banks and their customers with an eco-focused card product line, where the relevant card body layers are made of 100% sustainable materials, alongside eco-optimised card issuance and a growing open network of eco-innovative partners.