This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Friday, 02/23/2024

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

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 Greiner Packaging

Plastic Bank’s Partnership with Greiner Packaging is Helping to Stop Ocean Plastic and Improve Lives in the Philippines

We are excited to partner with Greiner Packaging to help stop ocean plastic and improve lives in the Philippines. Greiner Packaging’s commitment to environmental and social impact is anchored in their group-wide sustainability strategy. Our partnership has resulted in the collection of over 165,000 kg of ocean bound plastic – that’s over 8,250,000 plastic bottles prevented from entering the ocean!

Greiner Packaging`s Impact Report

Start date: 04/2019
children to receive bursaries Opening soon!
610.8 Thousand kg plastic extracted Opening soon!
87.3%
PET
2.2%
HDPE
3.4%
PP
7.0%
Mixed
30.5 Million bottles prevented
collection branches
137 communities impacted
cities served
collection centers
lives impacted
1,660 collectors
womens collectors
schools impacted
All data is blockchain verified. Last updated 2/24/2024

Our history

In 2019, Greiner Packaging partnered with Plastic Bank to activate a recycling ecosystem in the Philippines. Greiner Packaging’s first collection branch was launched in November 2019 at Barangay 275, San Nicolas, Manila. What started out as one collection branch has evolved into an ecosystem of 5 branches, impacting the lives of over 200 collectors and their families.

Opening a partner branch in the Philippines

“We take great pride in our partnership with Plastic Bank. By working together to build recycling infrastructure in the Philippines, we are taking action to stop ocean plastic and work with local communities to improve living conditions.”

Manfred Stanek
CEO, Greiner Packaging