This data is live from our blockchain-secured Alchemy Platform

Data last verified on Alchemy™: Mar 12, 2022

Ocean-bound plastic

Ocean-bound plastic has not yet found its way into the ocean. This represents plastic that is found on the ground within 50 kilometers of a waterway or coastal area, and is otherwise unlikely to be collected.

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)

Community Members

Individuals within a recycling community who collect plastic and deliver it to a collection point in exchange for collection benefits.

Recycling 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.

If you could stop plastic from entering the ocean, would you?

Begin your journey to stop ocean plastic with us today.

One garbage truck full of plastic enters the ocean every minute

While plastic in many forms can improve and simplify our lives, we have also become used to it, irreplaceably. It’s easy to buy, cheap to use, and convenient to throw away. As we continue to create more plastic waste, by 2050 there will be more plastic in the ocean than fish.

You can stop plastic waste before it reaches our ocean

By partnering with Plastic Bank, you are helping to establish ethical plastic collection branches within 50 kilometers of coastlines and waterways. Our collection community members gather plastic waste directly from local beaches, riverbanks, neighbourhoods, and even households – so that we are able stop ocean plastic directly at the source.

Let’s turn plastic waste into worth

Together, we are revealing value in plastic waste and improving lives. Our members exchange plastic waste at local collection branches for secure income and life-improving benefits that include access to health, work and life insurance, social assistance, digital connectivity and banking services. By offering safe and traceable sources of income, we’re empowering vulnerable communities with a path out of poverty.

Together for a better world

With Plastic Bank, the world’s most progressive companies and individuals are stewarding the collection of ocean-bound plastic and empowering collection communities to thrive. The recycled plastic is reborn as Social Plastic™ feedstock and used in the production of products and packaging – thus helping create new life for old plastic.

We can empower a regenerative society

By collecting, recycling, and reprocessing ocean-bound plastic waste – and supporting collector communities along the way – we can reduce our need for virgin plastic while creating lasting environmental, social and economic impact.

Building a Circular Economy for Recycled Plastic

Plastic Bank empowers ethical recycling in vulnerable coastal communities and reprocesses the materials for reintroduction into the global supply chain as Social Plastic™ feedstock. Our blockchain-secured platform enables traceable collection, secures income and verifies reporting from the initial plastic collection in our communities through to the products manufactured with Social Plastic feedstock that are available on supermarket shelves around the world. 

Environmental Impact
Recycling

Plastic Bank’s collection communities empower members to  gather, sort, clean, and exchange plastic waste.

Collection

Collection community members gather disposed plastic waste found within 50 kilometers of their coastline or waterways. Members are equipped with collection kits which include tools and workwear to support their efforts.

Exchange

Members bring their collected plastic to a Plastic Bank collection branch for weighing and exchange.. The amount is recorded in the PlasticBank™ app for digital tokens.

Social Impact
Rewards

Members earn plastic credits  in addition to the market value for the plastic they collect.

Incentivize

Collectors are able to exchange their plastic credits towards collection benefits that improve life,  such as health, work and life insurance, social assistance, digital connectivity, and banking services.

Empower

Plastic Bank collection branches offer local training workshops on waste management, financial literacy, digital enablement, and health education.

Economic Impact
Renew

Collected plastic is sent to our processing partners where it’s reborn as Social Plastic, a high-quality recycled plastic feedstock.

Regenerate

Products and packaging made from Social Plastic feedstock provide consumers the opportunity to make sustainable and purposeful choices.

Unleash

“Made with Social Plastic” badges on packaging amplify brand value with authenticity, purpose, and consumer’s trust.

FOR Individuals
Support plastic collection and improve lives
FOR businesses
Become part of a regenerative society
Our Team

Meet the stewards of Plastic Bank movement

Awards and Recognition

Plastic Bank is globally recognized as a thought leader, advocate, and innovator in plastic recycling.

Begin your journey

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