This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Friday, 12/01/2023

1Ocean-bound plastic

Plastic Bank operates under the global standard defined by Jenna Jambeck. Ocean-bound plastic is defined as plastic that has not yet found its way into the ocean but is classified as "mismanaged waste". That is, plastic that is not being (formally) collected, is not likely to be collected, and is found within 50km of an ocean-bound waterway or coastal area.

2Community Members

Individuals within a recycling community who collect plastic and exchange it at a Plastic Bank collection branch for secure income and life-improving benefits.

3Equivalent Bottles Stopped

The amount of ocean-bound plastic collected and recycled in our recycling communities converted into bottles. Conversion rate is 50 bottles per kg (the average weight of a 500mL bottle is ~20g)

4Recycling Communities

Community of plastic collectors living within 50 kilometres of ocean-bound waterways involved in plastic collection and its exchange at Plastic Bank collection points.

Alchemy™

Alchemy is the blockchain platform that powers the Plastic Bank app. It enables fully traceable recycling processes, secures income for recycling community members and tailors impact reports for our stewards.

2019 was a BIG year for Plastic Bank!

Written by Christopher Zakos on 31 January 2020

Minutes to read: Less than 1 minute

In 2019, we began new and exciting partnerships. We scaled our operations, expanding into new countries and communities. And we are now collecting 1 million kilograms of ocean-bound plastic every month and counting!

This growth enabled us to exponentially increase our impact and help alleviate poverty in vulnerable coastal areas around the world. We are excited to share the positive impact we have made together!

 

2019 monthly collection growth

Our progress in 2019 sets us up for a more impactful 2020! Thank you to our partners, collection members, branch owners, processors, and employees for being with us on this journey.