Shinhan Card Launches Project to Recycle Discarded Cards and Banners

Name Tags and Shopping Baskets... Scheduled to Be Provided Through Events

Shinhan Card announced on the 11th that it will promote an ‘upcycling’ project using card plates and discarded banners scheduled for disposal to spread a culture of resource circulation and realize ESG (environment, social, and governance) management. Upcycling is a recycling method that transforms used products into completely different products by applying technology and design.

Card plates made of composite plastic material, which are difficult to recycle, will be reborn as name tags that can be attached to travel suitcases. The name tags feature the image of the plate from Shinhan Card’s representative travel card product, the ‘Shinhan SOL Travel Check,’ which is specialized for overseas travel. Shinhan Card explained that it reprocessed the surface of 70,000 card plates.

They also created a ‘Lifestyle Goods’ series using discarded banners. More than 10 products necessary for daily life, such as mats, shopping bags, camping chairs, and cooling pouches, will be introduced. The discarded banners come from the ‘Chamshin Hangul Board’ installed on the outer wall of the Shinhan Card Hall at Blue Square in Yongsan-gu, Seoul. The Chamshin Hangul Board is a large message board designed to communicate with citizens and share messages of encouragement and inspiration in daily life, with phrases selected through quarterly applications and replaced accordingly. Shinhan Card plans to collect the discarded banners generated each quarter and plan new products.

Since August 2021, Shinhan Card has been producing eco-friendly material (R-PVC) plates recycled from waste plastic to reduce carbon emissions. The total issuance of cards with eco-friendly material plates exceeds 2.14 million.

The travel name tags and lifestyle goods will be provided through card issuance and various events. A Shinhan Card official said, “The upcycling design project is the result of our efforts to add new value to waste materials inevitably generated in corporate activities,” and added, “We will continue to make various attempts to spread eco-friendly values such as resource circulation and fulfill our role as a corporate citizen.”

This content was produced with the assistance of AI translation services.