Mastercard has partnered with HSBC to launch a global project to recycle credit and debit cards, aiming to prevent them from being discarded in landfills. The initiative invites card issuers worldwide to participate in the program, offering shredding machines for recycling, thus addressing environmental concerns related to card production and waste disposal.
LONDON, 22 June 2023 – Mastercard has launched a global project in collaboration with HSBC to recycle credit and debit cards, aiming to prevent billions of cards from ending up in landfills. The initiative invites card issuers worldwide to join the program, offering shredding machines capable of holding 10,000 cards for recycling, contributing to reducing plastic waste and addressing environmental concerns associated with card production and disposal. – source: reuters
