Citi UAE’s latest sustainability initiative, recycled plastic for corporate cards

Every rPVC card will be made with 85% recycled industrial waste per finished card and represents a reduction in CO2 emissions during the card manufacturing process, delivering a reduction of 36% CO2 emissions in comparison to a standard PVC card.

Citi is committed to its goal of achieving net zero emissions associated with its financing by 2050, and net zero emissions for operations by 2030. With these goals in mind, the focus is on the environmental impact of its processes and how it can provide sustainable products and solutions.

Andrew Pugh, Vice President and Head of Global Key Accounts, Eastern Europe, Middle East and Africa, Mastercard, said: “In the quest to secure a more sustainable future for everyone, both responsibility and success is shared. Citi is setting an inspiring example for positive environmental action by providing rPVC corporate cards, and we are proud that our long-standing partnership reflects a shared passion to protect our priceless planet. Every climate-conscious choice matters, and every person and business can be part of a greener tomorrow. As we continue to raise the bar for ourselves and prioritise ESG action to reach net-zero emissions by 2040, Mastercard is honoured to collaborate with industry leaders to build a more sustainable digital economy for all."

Shahebaz Khan, General Manager for UAE, Bahrain & Oman at Visa, said: “Citi’s decision to use rPVC for their corporate cards will help individuals and businesses alike to reduce their environmental footprint. It’s every action like this one — making sustainability central to our decisions - that boosts us on our path to net-zero emissions by 2040.