Plastic Bank’s Partnership with Lombard Odier

Pioneering New Financial Solutions to Stop Ocean Plastic and Create Long-term Value through the ‘Blue Note’

Lombard Odier has created an innovative Structured Product named  Blue Note, in partnership with Plastic Bank. This product finances the collection and recycling of plastic, collecting over 11.4 kg of plastic for each $1,000 USD invested. 

To date $69,394,354.52 USD has been invested in the Blue Note.

This will contribute to the extraction of 788,572 KG from the environment. The collection started in July 2020 in Haiti and will start in Egypt in fall 2020. 

Lombard Odier’s Blue Note

Start date: 08/2020
Global Impact
788,572 kg of plastic to be extracted Opening soon!
90% PET
HDPE
3% PP
7% Mixed
39,428,600 bottles to be collected
21 Collection Points
Communities Served
24 Cities Served
639 Lives Impacted
Collectors
Women Collectors
All data is blockchain verified. Last updated 10/30/20 ?

Investing in lasting impact

Lombard Odier has been recognized as an industry leader in finance by shaping sustainable investment for their clients. Lombard Odier is now leading “The Sustainable Revolution” in finance with innovative thinking and best practices. By partnering-up with Plastic Bank, Lombard Odier is committed to create social & environmental impact around the world while pioneering innovative financial solutions via the “Blue Note”. This partnership was started in July 2020 – with the first issuance of the “Blue Note” and is part of a multi-year program aiming to create sustainable impact in Haiti and Egypt.