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22 Oct 2024

UK cycling manufacturer Whyte Bikes has announced the closure of its three cycling experience hubs following a major shift in the company’s strategy, which includes supporting independent...

15 Oct 2024

The ACT is launching a campaign to ensure fair and accurate reporting of e-bike-related news while promoting the positive aspects of e-bike usage.

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024

10 Oct 2024

Cycle to Work scheme provider Gogeta has reported a significant increase in the number of employers signing up to its scheme.

9 Oct 2024

A UK cycling charity focused on recycling unused bikes and providing them to disadvantaged people has set up a fundraiser to help tackle significant increases in its costs.

9 Oct 2024

Long-standing independent bike shop Cyclesense has revealed a complete rebrand as it seeks to reflect its evolution from a local shop to a nationally recognised cycling retailer.

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also...

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).

25 Sep 2024

Major media outlets, including the BBC and Sky News, as well as regional and cycling-focused media to the growing  have been giving significant coverage to E-Bike Positive, the largest-ever...

25 Sep 2024

The Association of Cycle Traders (ACT) is excited to announce its new partnership with Renticy, the dynamic platform transforming retail through rental solutions. This collaboration brings a...

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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.

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