This data is live from our blockchain-secured Alchemy Platform

Data last verified on Alchemy™: Sunday, 04/02/2023

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

A total of $69,394,354.52 USD was invested in the Blue Note. 

This resulted in 788,572 KG of plastic being removed from the environment while supporting collector’s incomes in Egypt and Haiti. The collection took place from September 2020 to February 2021. 

Lombard Odier’s Blue Note

Start date: 08/2020
children to receive bursaries Opening soon!
788,572 kg of plastic extracted Opening soon!
79% PET
HDPE
6% PP
14% Mixed
39,428,600 bottles collected
31 Collection Points
Communities Served
24 Cities Served
Lives Impacted
494 Collectors
Women Collectors
Schools Impacted
All data is blockchain verified. Last updated 6/2/2022 ?

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 has created social & environmental impact around the world while pioneering innovative financial solutions like the “Blue Note”.