This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Monday, 04/22/2024

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 Ocean Bottle

Plastic Bank collaborates with Ocean Bottle to stop ocean plastic while improving lives

Ocean Bottle has created a brilliantly designed, award-winning reusable bottle. For every bottle purchased, the equivalent of 1000 ocean-bound plastic bottles are collected. This collection provides a sustainable living for people in coastal communities and, together, we all keep plastic out of the ocean. 

 

Going beyond the transactional element of waste for money, Ocean Bottle is committed to making social and economic impact in addition to their environmental impact. Partnering with Plastic Bank facilitates the ability for collectors to get access to things that enable social mobility.

Bringing people together to turn the tide on ocean plastic  

Ocean Bottle’s goal by 2025 is to fund the collection of 7 billion plastic bottles in weight, and their partnership with Plastic Bank contributes directly to this goal. Since launching in October 2019, Ocean Bottle has united customers in 88 countries around its mission and partnered with brands including Pangaia, Soho House, RedBull, Universal Music and Ed Sheeran. They have collected over 5 million KGs of plastic and improved thousands of livelihoods at the same time.  

“We already know we need to reduce single-plastic use and take part in beach clean-ups. But to truly have an impact, we also need to create a long-term recycling infrastructure that collects plastic before it enters our ocean in the first place. We created Ocean Bottle to make it easier for people everywhere to stop plastic getting into our seas. We believe we can achieve this through a combination of our plastic collection model and careful product design: if we want people to refill their Ocean Bottle every day and keep it forever, it needs to be high quality and a joy to use, so we’ve worked hard to make that happen.”

William Pearson
Co-Founder and Co-CEO of Ocean Bottle

“We’re proud of Ocean Bottle for their continued ocean stewardship. Our collaboration puts impact in the hands of consumers who are passionate about stopping ocean plastic. Together, our impact speaks louder than words.”

David Katz
CEO and Founder 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