This data is live from our blockchain-secured Alchemy Platform

Data last verified on Alchemy™: Mar 12, 2022

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 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
children to receive bursaries Opening soon!
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
5651 Lives Impacted
Collectors
Women Collectors
Schools Impacted
All data is blockchain verified. Last updated 2/11/2021 ?

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.