C6 Bank launches the 1st biodegradable card in Brazil, made from corn

December 14, 2021
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C6 Bank
Launch follows the bank's series of sustainable initiatives, which include planting 25,000 trees, selling carbon credits at the C6 Store and offsetting CO2 emissions

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With the objective of encouraging more sustainable practices that benefit the preservation of the environment, C6 Bank today launches Acqua, a biodegradable card for those who want to reduce the consumption of petroleum-based plastic. The first biodegradable card in Brazil has 80% of its composition called PLA, or polylactic acid, produced from corn starch.


Whereas a traditional plastic card made from PVC takes 400 years to decompose in nature, Acqua takes between six months to two years to complete its decomposition under proper composting conditions. The card does not have PLA in its entirety because of the chip, magnetic stripe and other smaller components.
Acqua can be ordered by any individual customer of C6 Bank, both those with a C6 card, without an annual fee, or those with the C6 Carbon, a premium version of the bank's plastic, or C6 Platinum. For new customers, the issue is free. For customers who already have a C6 Bank card and want to use Acqua, it is necessary to pay an issuance fee or request an additional card.


The launch marks the bank's efforts to contribute to the health of the planet through initiatives established on several fronts. C6 Bank is committed, for example, to planting 25,000 trees by 2022. This is an individual goal of the bank, but it is part of a larger initiative, through the Planeta Priceless Coalition, which unites efforts from different sectors to combat change climate. The Coalition's goal is to plant 100 million trees in the world in five years. In Brazil, areas of the Amazon Basin and Forest and the Atlantic Forest will be reforested, with 2 million native trees, which will help preserve and restore local and regional water cycles.
In addition, starting this week, C6 Bank customers can buy carbon credits with Atoms points, simply and in a few clicks, directly in the app. Just go to the C6 Store, look for the “Carbon Credit” category and choose the amount of credits you want to offset.


The novelty is the result of a partnership with Carbonext, a company that has been working for ten years in the development of forest protection projects. Each unit of carbon credit offered at the C6 Store is equivalent to one ton of carbon that is not released into the atmosphere. These resources become a financial incentive for projects for sustainable development and protection of the Amazon forest. In this way, the customer who purchases the carbon credit will be reducing, or even neutralizing, their own carbon footprint — calculating the amount of greenhouse gas emissions derived from each one's actions and choices.


“The launch of Acqua is part of a much larger project that began to be outlined when C6 Bank was created”, says Alexandra Pain, head of marketing and social impact at the bank. “We understand that it is the duty of every company, and of society as a whole, to watch over the life of the planet and guarantee the future of the next generations through initiatives that encourage changes in habits, but also that contribute in a practical way to the preservation of biodiversity. ”

Forest restoration


Bank customers can also donate Átomos points, through the C6 Store, to an environmental preservation institution — Instituto Terra, founded by the couple Lélia Wanick and Sebastião Salgado. The non-profit civil organization works for the ecosystem restoration of the Atlantic Forest, in addition to promoting environmental education and sustainable rural development in its surroundings. Since 1999, with the help of partners, the Institute has been responsible for planting more than 2.4 million tree seedlings, using more than 290 native Atlantic Forest species.


In 2020, the bank offset 475 tons of CO2 through the purchase of carbon credits generated by the Fortaleza Ituxi project, located in the south of the Amazon. This year, C6 Bank became the first digital bank to partner with the Ethos Institute, a non-profit organization whose mission is to mobilize, sensitize and support companies in the responsible management of their businesses. On an international level, the bank joined the Brazil Network of the Global Compact, which brings together more than 12 thousand companies and 4 thousand non-business organizations. Conceived by the UN, this is the largest corporate sustainability initiative in the world, present in 160 countries.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

With the objective of encouraging more sustainable practices that benefit the preservation of the environment, C6 Bank today launches Acqua, a biodegradable card for those who want to reduce the consumption of petroleum-based plastic. The first biodegradable card in Brazil has 80% of its composition called PLA, or polylactic acid, produced from corn starch.


Whereas a traditional plastic card made from PVC takes 400 years to decompose in nature, Acqua takes between six months to two years to complete its decomposition under proper composting conditions. The card does not have PLA in its entirety because of the chip, magnetic stripe and other smaller components.
Acqua can be ordered by any individual customer of C6 Bank, both those with a C6 card, without an annual fee, or those with the C6 Carbon, a premium version of the bank's plastic, or C6 Platinum. For new customers, the issue is free. For customers who already have a C6 Bank card and want to use Acqua, it is necessary to pay an issuance fee or request an additional card.


The launch marks the bank's efforts to contribute to the health of the planet through initiatives established on several fronts. C6 Bank is committed, for example, to planting 25,000 trees by 2022. This is an individual goal of the bank, but it is part of a larger initiative, through the Planeta Priceless Coalition, which unites efforts from different sectors to combat change climate. The Coalition's goal is to plant 100 million trees in the world in five years. In Brazil, areas of the Amazon Basin and Forest and the Atlantic Forest will be reforested, with 2 million native trees, which will help preserve and restore local and regional water cycles.
In addition, starting this week, C6 Bank customers can buy carbon credits with Atoms points, simply and in a few clicks, directly in the app. Just go to the C6 Store, look for the “Carbon Credit” category and choose the amount of credits you want to offset.


The novelty is the result of a partnership with Carbonext, a company that has been working for ten years in the development of forest protection projects. Each unit of carbon credit offered at the C6 Store is equivalent to one ton of carbon that is not released into the atmosphere. These resources become a financial incentive for projects for sustainable development and protection of the Amazon forest. In this way, the customer who purchases the carbon credit will be reducing, or even neutralizing, their own carbon footprint — calculating the amount of greenhouse gas emissions derived from each one's actions and choices.


“The launch of Acqua is part of a much larger project that began to be outlined when C6 Bank was created”, says Alexandra Pain, head of marketing and social impact at the bank. “We understand that it is the duty of every company, and of society as a whole, to watch over the life of the planet and guarantee the future of the next generations through initiatives that encourage changes in habits, but also that contribute in a practical way to the preservation of biodiversity. ”

Forest restoration


Bank customers can also donate Átomos points, through the C6 Store, to an environmental preservation institution — Instituto Terra, founded by the couple Lélia Wanick and Sebastião Salgado. The non-profit civil organization works for the ecosystem restoration of the Atlantic Forest, in addition to promoting environmental education and sustainable rural development in its surroundings. Since 1999, with the help of partners, the Institute has been responsible for planting more than 2.4 million tree seedlings, using more than 290 native Atlantic Forest species.


In 2020, the bank offset 475 tons of CO2 through the purchase of carbon credits generated by the Fortaleza Ituxi project, located in the south of the Amazon. This year, C6 Bank became the first digital bank to partner with the Ethos Institute, a non-profit organization whose mission is to mobilize, sensitize and support companies in the responsible management of their businesses. On an international level, the bank joined the Brazil Network of the Global Compact, which brings together more than 12 thousand companies and 4 thousand non-business organizations. Conceived by the UN, this is the largest corporate sustainability initiative in the world, present in 160 countries.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.
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