Mastercard Leads the Payments Industry Forward to a More Sustainable Future
SINGAPORE –More than three-quarters of people say they are “very concerned” about the environment and feel companies should be doing more to address their impact on the planet. As consumers look for ways to help tackle climate change through their own positive actions, many are limiting their use of single-use plastics. To address this growing concern, Mastercard has worked with global industry players to develop a sustainable card program for all card issuers globally. A new directory of sustainable materials and vendors for card products aims to make sustainable choices the preferred option for all financial institutions worldwide and drive enhanced innovation. Today, Mastercard’s sustainable card offerings are available to consumers in over a dozen countries globally and more than 60 financial institutions have issued cards with approved materials made from recyclable, bio-sourced, chlorine-free, degradable, and ocean plastics. These institutions include DBS Bank (Taiwan) and Cr
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