CaixaBank has launched the first credit card in Spain to be made from 100% recycled PVC from sources such as waste from the construction industry, plastic recycling bags or waste from other cards, among others.
Recycled plastic Visa & Pay is another step towards the introduction of recycled materials across the entire range of CaixaBank cards, which would mean the replacement of approximately more than 18 million plastics currently in use.
CaixaBank is committed to offsetting its carbon footprint and therefore, in this campaign, the bank will finance the planting of a tree for each new card.
CaixaBank has also joined the United Nations Collective Commitment for Climate Action, a declaration that is created within the framework of the Principles of Responsible Banking for the financial sector to mobilize its products, services and relationships to facilitate the economic transition towards a sustainable model. The commitment aims to align the portfolios of financial institutions around the world to finance a low-carbon economy, with the goal of keeping global warming below two degrees Celsius.
