Blackhawk Network (BHN) and Mastercard Announce Global Environmental Sustainability Initiative [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
PLEASANTON, Calif., November 18, 2024 BUSINESS WIRE )--Branded payments provider Blackhawk Network (BHN) today announced yet another step in its ongoing efforts to reduce its environmental footprint at a global level. Supporting Mastercard's commitment to remove first–use, PVC plastics from payment cards on its network by 2028 , BHN is transitioning its network branded open-loop prepaid products, from plastic to paper-based materials. The collaboration first went live last year in the US and Canada. Paper-based prepaid products still offer the convenience and reliability of shopping where Mastercard is accepted with minimal disruption to consumers, retailers and issuers. BHN has offered an array of paper-based and recycled products since 2017, and is making incredible strides in delivering on its 2022 pledge to convert most of its own original card products to digital form factors or paper substrates. The collaboration between Mastercard and BHN has helped reduce the plastic waste
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- MA's page on the SEC website