Categories: Banking

India’s 1st Credit Card made from Recycled PVC Plastic launched by HSBC

HSBC India has launched India’s 1st credit card made from recycled PVC (Polyvinyl chloride) plastic. The cards have been introduced in partnership with global cards manufacturer IDEMIA to gradually eliminate single-use PVC plastic. The cards are made from 85 per cent recycled plastic and each card will save 3.18gm of plastic waste in addition to helping lower overall carbon emission.

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About the card:

The card was launched as a part of a new program launched by HSBC Group to introduce sustainable cards across all its global locations to support its global commitments to sustainability and a net-zero in its operations by 2030.

Important takeaways for all competitive exams:

HSBC India Founded: 1853;
HSBC India Headquarters: Mumbai, Maharashtra;
HSBC India CEO: Hitendra Dave.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.