This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Monday, 04/22/2024

Ocean-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.

Community 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.

Equivalent 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)

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 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.

We are proud to announce our partnership with the Plastic Bank, a social enterprise headquartered in Canada which aims to clean up plastic waste from our oceans while providing valuable opportunities for people living in poverty.

Quilters, sewists, and crafters use millions of yards of thread every year to create quilts, garments, accessories, and other works of art. As most weights of Aurifil thread are wound on a plastic spool, this usage generates a high level of excess plastic. While we encourage traditional recycling and creative repurposing of spools, we also know that something more needs to be done. We’ve seen the devastation in our oceans, growing year after year and understand that such a high level of destruction will ultimately have an irreversible effect. We feel strongly about creating a lasting and positive impact on our earth and environment and as such, we’ve taken action.