This data is live from our blockchain-secured Alchemy Platform

Data last verified on Alchemy™: Sunday, 04/02/2023

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.

Plastic Bank’s Partnership with Advansa

Plastic Bank collaborates with Advansa to revolutionize the bedding industry

As a leading polyester fibre producer based in Germany, ADVANSA is known for its commitment to sustainability. With this partnership, ADVANSA is helping to create a better world through a broad fibre portfolio of sustainable offerings, with a positive impact on people and the planet. Responsibly manufactured, the fibre fillings for the bedding industry have a high comfort and environmental value. To prevent and reduce the flow of plastic waste into the oceans and beaches, Plastic Bank and ADVANSA have stopped over 1.4 million kg plastic from entering the ocean, equivalent to more than 74 million plastic bottles. At the same time, they are part of the solution on poverty issues in countries with no efficient or sufficient waste or recycling systems, creating environmental, social as well as an economic impact for all collectors.

Expanding the Social and Environmental Impact 

As an expert in its field, Plastic Bank is a valued global partner with similar values. The partnership helps to expand the social and environmental impact while building the influence and strength of both parties towards greater sustainability. ADVANSA integrates more than 1.4 million of Social Plastic® feedstock in its manufacturing process, promoting eco-friendly fibre solutions. This collaboration is of essential value to accelerate the path to more sustainability.