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ECB Identifies Banknote Environmental Impact

The European Central Bank (ECB) has issued the findings of its Product Environment Footprint (PEF) study, which focuses on the creation and life cycle of banknotes through to their disposal when they become unfit to circulate.

Sustainability - December 22, 2023 midnight

Banknote Fibre Extraction – Repurposing Goes Greener

Earlier this year Giesecke+Devrient outlined a solution for banknote waste which is ‘straightforward, flexible and scalable’ (see CN July 2023). After having introduced the concept of Banknote Fibre Extraction (BFE) at the CT Symposium, the next development phase has taken place.

Sustainability - December 1, 2023 midnight

Using Buying Power to Reduce Environmental Impacts

The International Association of Currency Affairs (IACA) held a webinar recently to discuss how sustainability is, and can be, incorporated into tenders by central banks. Purchasing power is, of course, a powerful lever for achieving policy goals.

Sustainability - December 1, 2023 midnight

Steady Sustainability Progress in UK Cash Cycle

The UK’s Cash Industry Environmental Charter Group (CIEC), which consists of more than 30 organisations active in cash working together to establish best practice and drive change, has reported on its progress.

Cash Handling - November 3, 2023 midnight

Where’s the Money? The Challenge of Managing Change

The London Climate Technology Show, which took place end September, was full of start-ups and other more established companies offering solutions to measure your environmental footprint, to offset your carbon, to sequester your carbon in the soil/ocean/trees etc. etc. etc.

CBDC - September 29, 2023 midnight

Latest News on Composting Banknote Waste

Biobanknote, developer of solutions for repurposing end of life banknotes and the Banco Central de Reserva del Perú have recently conducted a composting test with the waste from banknotes withdrawn from circulation at the Control Ambiental plant.

Sustainability - August 1, 2023 12:01 a.m.

G+D Goes Big on Sustainability at Symposium

Giesecke+Devrient held its Currency Technology Symposium 2023 in July in Munich. Normally a biennial event, this is the first to be held since 2019 due to COVID, and was attended by more than 300 customers from central banks, printworks and commercial cash handling industry.

Sustainability - August 1, 2023 12:01 a.m.

KURZ Recognised for Sustainability Progress

KURZ, the market leader in security foils for banknotes, has announced that it has been awarded a silver medal from the well-known sustainability rating agency EcoVadis, having achieved excellent results in all four areas examined – the environment, labour and human rights, ethics and sustainable procurement.

Sustainability - August 1, 2023 midnight