Thales is at the forefront of the sustainable changing payments market, and invests in solutions that address the environmental concerns of the banking sector.
The deployment of innovative technologies and sustainable materials makes Thales the first company to offer the full range of cards whose global manufacturing footprint is certified by the Mastercard Sustainable Card Program.
In the year 2021 alone, nearly 25 million of these eco-friendly cards, made of bio-based materials or recycled plastic, have been shipped worldwide.
PARIS LA DEFENSE-(BUSINESS WIRE)-Each year, the amount of plastic used to make payment cards is equal to 125 times the weight of the Statue of Liberty1. As environmental challenges become increasingly important around the world, Thales, a leader in high-tech security, has developed solutions for a greener world, recently certified by Mastercard’s Sustainable Card Program. So far, Thales has deployed 30 million green payment cards for banks and card issuers that address consumer concerns without altering the user experience.
All Thales eco cards are made with modern and durable components. One of the Thales cards, for example, is made of 85% PLA (polylactic acid), a material derived from corn. Another innovative approach is to reduce the amount of new plastic produced while fighting pollution of the seas, by making cards from Ocean Plastic® collected by the NGO ‘Parley for the Oceans’. This innovative material is made of plastic waste collected during coastal cleanup operations, in partnership with “Parley for the Oceans”. Banks can also reduce the amount of first used plastic by switching to a recycled PVC card, which is made exclusively from waste plastics from the packaging and printing industries.
Thales not only seeks to reduce the carbon footprint of all its products and services, but also offers an offset program to make cards neutral.
In line with the sustainability aspirations of the industry, the Mastercard Sustainable Card Program aims to move all card selection programs towards green solutions, so that sustainable choice becomes common and no longer an exception. This certification demonstrates the environmental advantage of Thales solutions; a significant, proven and lasting benefit.
“A year ago, Findomestic gave way and became the pioneer agency of BNP Paribas Personal Finance by selecting Thales’ PLA eco-friendly cards, with the goal of eliminating the use of PVC cards by 2024. The this approach illustrates our commitment to social and environmental responsibility. This environmental concern shared with Thales enables us to offer our customers solutions that are both safe and environmentally friendly. ” . Donatella Ciambellotti, Head of Map Development at Findomestic
“It is appropriate to combine retention with the latest payment solutions by prioritizing subtraction and the compensation. Thales ’sustainable products and services cover all aspects of a bank card’s life cycle.. Abandoning plastic is not easy when it comes to integrating complex technologies into the card, especially the contactless chip and the antenna. But we are committed to developing new ecological solutions for our customers, who are proud to work with a responsible and sustainable player. ” Sylvie Gibert, director of payment cards at Thales.
1 Eco-friendly credit cards (2022 update) (thalesgroup.com)
Thales (Euronext Paris: HO) is a global high -tech leader investing in digital and “deep tech” innovations – connectivity, big data, artificial intelligence, cybersecurity and quantum – to build a future of trust, essential in the development of our societies. The Group offers solutions, services and products that help its customers – companies, organizations, State – in the fields of defense, aeronautics, space, transportation and digital identity and security, to fulfill their critical mission by putting people at the heart of decisions.
Thales has 81,000 employees in 68 countries. In 2021, the Group achieved a turnover of 16.2 billion euros.
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