This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Friday, 12/01/2023

1Ocean-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.

2Community 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.

3Equivalent 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)

4Recycling 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 Reckitt

Plastic Bank collaborates with Reckitt for a cleaner, healthier world.

Reckitt exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world – which includes a healthy planet. That’s why Reckitt is continuously working to integrate sustainability more deeply into its business – from raw material sourcing, to production processes, to product development or supporting vulnerable communities through social impact programmes. 

The company has set itself ambitious sustainability targets, including goals for plastics and packaging: By 2025, 100% of plastic packaging to be reusable or recyclable and increasing the share of recycled material to 25%, and 50% reduction of virgin plastic in packaging by 2030. 

With our local partnership we are fighting plastic waste in the environment. For every purchase of our Hygiene brands on Amazon and On-demand platforms in Germany we enable Plastic Bank to collect a minimum of 100,000 kg plastic waste – the equivalent of 5 million plastic bottles.

Delivering on Reckitt’s promises of sustainable products

No one can solve the global challenge of plastic waste alone. That’s why Reckitt has chosen Plastic Bank as a strong partner with the right expertise. The collaboration with Plastic Bank complements the company’s sustainability strategy and is another step towards delivering on Reckitt’s promises of sustainable products, packaging and circular economy. The partnership also contributes to our social impact strategy by supporting vulnerable communities with social impact benefits for the collection of plastic waste. 

Reckitt is working continuously on improving the sustainability of the product portfolio. Over the last years, we have launched packaging innovations, like the first ever 100% recyclable doypack for Finish, developed over 50 eCom dedicated packagings and drove solutions like refills to lower our plastic footprint.

Reckitt-Finish
Reckitt-Sagrotan
Reckitt - Aroma diffuser
“Together with our online partners and Plastic Bank, we want to set an example against plastic waste and drive sustainability. Thus, in the course of this joint cooperation, we not only create awareness on this major global problem of plastic pollution, but also concretely show how we at Reckitt share part of the responsibility for it.” 

Kalyan Undinty
eCom Director DACH at Reckitt

“The world is now awake to purpose. People are looking for products that are helping to repair the damage that has been done to our ocean, while supporting vulnerable communities. Together with partners like Reckitt, we are creating opportunities for consumers to choose products that save the ocean.”

David Katz
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