Piraeus Bank will be the first Bank in Greece introducing cards made out of recycled material.
Following the vision towards a sustainable environment, the Bank decided to replace their existing card portfolio using our ReACt cards. The new cards are made out of 99% recycled material meaning that for both the card core as well as the external protective overlays recycled PVC is used.
The use of recycled PVC lowers the CO2 impact 80% compared to standard PVC, if we consider that the share of CO2 for virgin PVC is around 15.79 g per card to 3.095 g per card for recycled PVC. Therefore, our mindset should move from a ‚throw-away’ society towards a circular production environment, where we recycle, reuse and this way reduce the waste and save precious resources.