Wednesday, October 27, 2021

NatWest launches environmentally friendly cards

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The bank is also a key partner of COP26, the United Nations climate change conference, which will be held in Glasgow in November

NatWest current account and credit card customers will shortly receive new bank cards made from 86 percent recycled material in order to save more than 50 tons of PVC plastic, I can betray.

The bank, a key partner of Cop26, the United Nations climate change conference to be held in Glasgow in November, said millions of cards will be replaced starting next month to reduce the climate impact of physical banking.

The bank will also launch new employee uniforms made from sustainable fabrics and recycled plastics early next year.

Simon Watson, NatWest retail banking climate sponsor, said, “We need big climate action and we are working with others as Cop26’s financial partners to achieve this. But we also need to make millions of smaller, more tangible changes. We have 16 million customers and switching our cards to recycled materials saves 50 tons of PVC. ”

NatWest will be making a number of climate-focused product and service changes over the coming months, including the introduction of in-app tracking of the amount of CO2 associated with daily expenses, launched in conjunction with New Zealand’s CO2 tracking fintech CoGo .

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