CPI Card Group, a payment technology company and leading provider of credit, debit and prepaid solutions, highlighted recent steps to support and drive its corporate social responsibility, including contributions to local and global charities and coronavirus relief efforts. As part of its ongoing commitment to environmental stewardship, CPI also continues to produce and deliver Second Wave™ cards, made with recovered ocean-bound plastic, and has become a part of the Sustainable Brands Corporate Membership Network.
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Focusing on supporting local communities in which it operates, CPI made COVID-19 related monetary contributions to organizations in Colorado, Indiana, Minnesota, and Tennessee. Additional donations were made to a global organization supporting both stay-at-home support and isolation shelters in a community from which plastic is sourced for Second Wave payment cards. This donation was possible through CPI’s ongoing corporate contribution program, in which CPI allocates a portion of the proceeds from every Second Wave card sold to projects that benefit local sourcing communities. Additional global projects supported by this program include an initiative to help send children in the community to school and provide them with the materials and resources necessary to enable their education. CPI also contributed to an organization aimed at addressing environmental conditions in the source country.
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As part of CPI’s longer-term commitment to environmental stewardship, CPI continues to focus on the need to reduce first use plastic and reduce plastic waste from entering the environment. This focus inspired CPI to create Second Wave™, the first to market, EMV compliant, dual interface capable, high quality payment card made with recovered ocean-bound plastic and certified by major payment brands. Through the first quarter of 2020, CPI has produced and delivered over 10 million Second Wave™ cards, diverting at least an estimated 10 tons of plastic from entering the ocean.
Additionally, CPI joined the Sustainable Brands Corporate Membership Network to expand CPI’s sustainability network and knowledge sources. Sustainable Brands is a premier global community of brand innovators who are shaping the future of commerce worldwide. The Sustainable Brands Corporate Membership Network is a peer-to-peer community of leading and emerging brands, leveraging social and environmental innovation to create value for their business and build a new economy based on sustainable living.
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