UK Finance and others who form the Cash Industry Environment Charter have been discussing best practices when it comes to cash deposits, and as a result have produced a short guide on reducing the carbon footprint of cash processing.
The Cash Industry Environmental Charter was formed in 2021 for participants in the UK’s cash supply chain to come together and challenge the negative environmental impacts of the cash industry. Since then, they have been working together to track and reduce our carbon emissions, aiming to make the industry as sustainable as possible.
The UK cash supply chain produces over 500,000 tonnes of plastic waste each year and as part of their drive forward more sustainable solutions, they are working on:
- Reducing sizes to minimise plastic used -for example: shortening the length of security seal tails and using smaller bags and sachets
- Increasing recycled content above the minimum 30%
- Setting up closed loop recycling
How you can help!
Making some small changes to how you present the cash deposits you send to us really can make a huge difference. We’ve provided a short customer presentation guide that includes ways you can help to reduce carbon emissions when depositing cash.
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