Bread Financial™ reduces plastic production with carbon-neutral credit cards

A time to celebrate our planet and protect it, April's Earth Month is also an opportunity to raise awareness and showcase positive progress and initiatives taking place around the globe. EarthDay.org, the force behind Earth Day, focused its 2024 celebrations on the theme "Planet vs. Plastic," emphasizing the collective need to reduce harmful plastic production to protect both human well-being and the planet's health, with a goal of a 60%reduction by 2040.

To do its part to mitigate climate change impacts, Bread Financial™ embraces environmentally responsible practices throughout the business, including through the introduction of its carbon-neutral credit cards.

In 2022 and 2023, Bread Financial introduced its Bread Cashback™ American Express® and Bread Rewards™ American Express® products with certified carbon neutral plastics. Made from polylactic acid (PLA), a biodegradable plastic derived from renewable resources like corn, the cards not only reduce the use of traditional, petroleum-based plastics, like PVC, but carbon emissions.

"Working to eliminate PVC from our card production and transitioning to carbon neutral materials like PLA represents a significant step towards minimizing our environmental footprint," said Emily Schwing, general manager of direct-to-consumer lending products, Bread Financial. "These efforts not only align with our commitment to innovation and excellence, but also offer tangible benefits such as reducing our carbon emissions. We are proud to highlight how our sustainable practices not only help protect the planet, but also create value for our customers and stakeholders."