Bank of Queensland (BOQ) has worked with Melbourne-based manufacturer, Placard, to roll debit cards made from recycled materials.
Over the next three years, BOQ plans to issue more than half a million new recycled cards made from industrial waste that would have otherwise ended up in landfill.
Group Executive Retail Banking, Martine Jager said she was very excited to be launching the Bank’s new recycled debit cards, which have been validated by global independent safety science company, Underwriters Laboratories (UL).
“Plastic waste is one of the top three social and environmental issues that concern most Australians so I’m proud that we can do our bit to create a second use for industrial waste,” Ms Jager said.
“This initiative alone will prevent three and a half tonnes of waste from going to landfill, and is a great example of how we can help support our customers in their journey to living more sustainably.
“Over the next three years we’ll issue more than half a million debit cards made from recycled material, and our customers will experience the same strong quality and durability with some fantastic new features including compatibility with digital wallets and smart devices.”
According to BOQ’s statement, the bank will initially distribute 150,000 BOQ Personal VISA Debit and BOQ Business VISA Debit recycled plastic cards, while the remainder will continue to roll out to customers through new or replacement cards.