Novinite.com
09 Jul 2025, 13:45 GMT+10
Euro banknotes stand as a powerful symbol of European unity, with over 29 billion notes circulating across the continent, collectively worth more than ?1.5 trillion. This vast amount of cash serves not only as a practical means of payment but also as a reliable store of value, according to the European Central Bank (ECB).
Producing euro banknotes is a highly controlled process, adhering to rigorous standards of security, quality, and environmental responsibility. To ensure safety in production and minimal ecological impact, internationally recognized management systems are strictly followed.
Sustainability is at the core of euro banknote manufacturing. Producers and suppliers must comply with environmental standards, notably through an Environmental Management System aligned with ISO 14001, which guarantees sustainable production practices. Since the euro's inception, environmental effects have been closely monitored and new eco-friendly initiatives have been regularly adopted. For example, a 2004 life cycle assessment of the first euro series prompted measures like using 100% sustainable cotton and prohibiting landfill disposal of banknote waste. The subsequent "Europa" series underwent fresh evaluations using the European Commission's Product Environmental Footprint (PEF) framework, confirming that euro banknotes have a very low environmental impact compared to many daily activities.
Efforts extend beyond the banknotes themselves, as ATM manufacturers work to reduce their machines' energy consumption, achieving significant improvements over the past decade and a half.
Health and safety considerations are equally prioritized, protecting both workers and consumers during production. This is ensured through a health and safety management system compliant with ISO 45001. The ECB regularly monitors the chemical substances involved in banknote production to confirm they remain well below harmful levels and comply with strict European regulations.
Given that banknotes pass through countless hands, concerns about germs are natural. However, independent research shows that euro banknotes do not carry a higher health risk than common objects like door handles. This was further confirmed during the early days of the COVID-19 pandemic, when studies found euro banknotes did not significantly contribute to virus transmission.
When it comes to environmental impact, the Product Environmental Footprint assessment reveals that the yearly use of euro banknotes by an individual corresponds to roughly the same environmental effect as driving a car for eight kilometres - a relatively small footprint considering their essential role in everyday life.
Get a daily dose of Switzerland Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Switzerland Times.
More InformationPARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
EU officials have said the bloc seeks a trade deal framework with the United States, but keeps retaliation option open. BRUSSELS,...
FRANKFURT, 9th July, 2025 (WAM) - Climate disasters such as droughts, wildfires, floods and storms could slash up to 5% off the eurozone's...
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...