Amex Is Making a Credit Card With Plastic From the Ocean
On Thursday, American Express announced its collaboration with Parley for the Oceans in an effort to acknowledge and act on the issues that plastic pollution invokes.
In the near future, American Express customers will be seeing sustainable changes in the company's products from credit cards to lounges. As part of the collaboration, American Express will be releasing its first-ever card primarily composed of up-cycled plastic from the ocean within the next 12 months.
Amex will also be adopting Parley's guiding philosophy in the form of the acronym 'AIR,' which stands for Avoid, Intercept, Redesign. This means that, in the footsteps of Parley for the Oceans, American Express has committed to avoid single-use plastics, intercept plastic waste and redesign using existing plastic and other materials.
Beyond the new eco-friendly card it plans to launch, American Express plans to use less virgin plastic throughout its array of cards.
We'll also be seeing changes in Amex Centurion Lounges. In the next 30 days, all Centurion lounges will have phased out plastic straws and stirrers. On a broader scale, all single-use plastic in the lounges will be phased out by the end of the year.
Earlier this week, TPG reached out to airlines and hotel chains to find out how the industry is cutting down on single-use plastics. As it turns out, companies are actively making changes toward less plastic.