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17 Sep 2024

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...

9 Sep 2024

It is with great sadness that we bring news that Peter Stow of Stows Cycles has sadly passed away on 14th August 2024 at the age of 80.

9 Sep 2024

A new community bike partnership initiative in North Lanarkshire is aiming to help keep more people moving.

9 Sep 2024

The Association of Cycle Traders (ACT) has revealed a strategic partnership with Bikebook. Aimed at driving more business to ACT members, the partnership is also designed to equip them with...

9 Sep 2024

A bike shop, where prisoners and prison leavers can learn skills which will help them find work, has opened for business.

9 Sep 2024

Demand for bikes has soared following Britain’s strong performance in the Olympic cycling events in Paris, new research suggests.

3 Sep 2024

The British Independent Retailers Association (Bira) has responded to the BRC-KPMG Retail Sales Monitor for August 2024. The report, which can be downloaded here, has highlighted: 

28 Aug 2024

Bikmo, a leading cycling insurtech, and the Association of Cycle Traders (ACT), the UK’s largest and most established cycle trade membership organisation, have announced they are entering...

28 Aug 2024

E-Bike Positive, a new initiative with support from across the cycling industry, is set to equip the public with the information needed to buy safe, ride safe and charge safe while promoting and...

28 Aug 2024

Cycling Weekly has reported independent bike shops across the country continuing the call for reform of the Cycle to Work schemes in their current format and encouraged the government to help...

Reducing the Carbon Footprint of Cash Processing – A Guide for Businesses

Posted on in Business News , Cycles News

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. 

Cash

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. 

For more information and to download the guide, click here.

Useful links

If you have any other queries please contact us.