Card issuer Marqeta has launched a new initiative to offset its “plastic footprint”.
In Brief:
It will offer cards made of 43% recycled material.
It has also partnered with rePurpose Global, a social enterprise.
This will enable it to offset the creation of about 34mn cards.
What does this mean?
Marqeta says it’s offering the companies it issues cards for a choice to convert to the recycled cards, with Latin American business Cornerstop the first customer to issue them.
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