This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Sunday, 09/24/2023

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.

Plastic Bank’s Partnership with ClimatePartner

Plastic Bank collaborates with ClimatePartner to protect the biosphere

As a consultancy specialized in climate protection, ClimatePartner helps customers calculate, reduce, and offset their carbon emissions to become certified carbon neutral. In collaboration with Plastic Bank, ClimatePartner is stopping ocean plastic and improving lives while ethically working for a cleaner, more regenerative environment. Throughout the collaboration, Plastic Bank will stop 10 kg of plastic waste from entering the ocean for each tonne of CO2 that is compensated through ClimatePartner programs. In this way, their constantly growing network of business clients becomes aware of the impactful initiatives by Plastic Bank. Over the last year (2021), our partnership helped prevent 873,000 kilograms of plastic waste from entering the ocean. 

SC Johnson & Plastic Bank Team Driving The Social Plastic Movement

Plastic Bank's Partnership Impact: Bali

Exploring the Plastic Bank Partnership with John Holden

Partnering for Impact

This partnership helps protect our environment for future generations. In collaboration with Plastic Bank, ClimatePartner offers the opportunity for their customers to make an additional impact by funding the collection of ocean-bound plastic. Since the partnership began in 2019, it has resulted in the collection and recycling of over 3 million kilograms of plastic, equivalent to over 150 million plastic bottles. 

A Plastic Bank collector showing his health insurance

“Taking responsibility for our plastic consumption is a major contribution to climate action. We can only protect our planet from further damage once we reflect on our own behaviour, our way of consumption and our production of waste. Plastic Bank addresses exactly this challenge while improving the lives of more and more people. We are beyond proud to be partners in this process.”

Moritz Lehmkuhl
CEO at ClimatePartner

 

“Environmental action must also serve as a catalyst for social change. Our partnership with ClimatePartner is an example of how businesses can drive multi-faceted solutions to the world’s most pressing issues. Together, we are reducing carbon and plastic footprints while empowering coastal communities with a path out of poverty.”

David Katz
Founder and Chairman of Plastic Bank

Meet Our Global Partners

We’re the environment’s alchemist – turning plastic into gold. Become part of the solution by activating your business with one of our partnership programs

Become a Partner

Meet Our Global Partners

We’re the environment’s alchemist – turning plastic into gold. Become part of the solution by activating your business with one of our partnership programs

Become a Partner