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, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.