Environmental

[Millwall123]

With Monzo in the press today with its drive towards reducing the amount of paper receipts.

An idea to advertise the fact that Monzo is an environmentally aware bank.
Maybe as a reward or for a small cost Monzo could produce reusable coffee cups with the Monzo logo on.

Then when non Monzo users see these it would be a form of latent advertising that Monzo are an environmentally aware bank. Also helping with the drive to reduce the usage of disposable coffee cups.

[zombi]

What press is the receipt thing in?

[Dunsford (Colin Robinson)]

@Millwall123

Maybe as a reward or for a small cost Monzo could produce reusable coffee cups with the Monzo logo on.

Wouldn’t say no.

Customisation Options | KeepCup For Businesses | KeepCup

[Dunsford (Colin Robinson)]

@zombi

What press is the receipt thing in?

Googled

Monzo teams up with Flux to add itemised receipts and loyalty points –...

[Millwall123]

Online it came up in my feed . It’s online news feeds like wired… Just searched again on Google … Monzo receipts

[j06]

Yeah right. I’m sure the environmental ‘benefit’ of not issuing a receipt is more than overcome by the amount of single–use plastic cutlery, and non–recyclable plasticised food and drink containers given away by Eat, Pod, Itsu and Costa – the only four retailers to use Flux.

[zombi]

Ah. I read press and think the big guns. I did google but thought I’d missed something bigger

[j06]

And whilst most receipts printed on heat–sensitive paper are a scourge (they’re not recyclable) I’m also never truly convinced that encouraging the creation of more and more energy–guzzling servers, running 24/7, to store all this data is actually better for the environment anyway.

[awjdean]

I’m also never truly convinced that encouraging the creation of more and more energy–guzzling servers, running 24/7, to store all this data is actually better for the environment anyway.

I think you’d be surprised:

• Servers are getting more efficient all the time and basic economics encourage companies improve their efficiency further - more efficient servers have much lower running costs.

• Advances in materials and AI technology will help to reduce the amount of energy needed to run servers.

• Consumers also care more about companies being eco-friendly, which encourages companies to run their process using companies who use renewables to run their servers for the positive marketing alone.

• Companies are building their new data centres in countries that have cool climates and access to renewable power (eg: Iceland). These data centres are low cost to run (since little power is needed to cool the servers) and the companies can run them on affordable renewable energy.

• Google’s data centres and offices have been powered entirely by renewable energy since 2017.

• Apple has been using fully renewable energy in its data centres since 2013. Amazon and Microsoft were at 47% and 40% renewable energy in their data centres in 2017.

Basically, digital receipts are much better for the environment than paper receipts (+ they’re much cheaper).