This data is live from our blockchain-secured Alchemy Platform

Data last verified on Alchemy™: Monday, 11/28/2022

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.

social plastic collection credits

THE SOLUTION FOR PLASTIC NEUTRALITY
Collection credits offset your plastic footprint & stop ocean plastic

Social Plastic® Collection Credits function similarly to carbon credits.

1 SPCC = 1 kg of plastic prevented from entering the ocean.

SPCCs are the core of all our Plastic Neutral programs, which can be activated by individuals or organizations of any size.

REVEAL THE VALUE IN PLASTIC WASTE

Currently, global plastic production needs cannot be completely satisfied with recycled plastic. This has made plastic neutrality inconceivable—until now.

Plastic Bank has re-envisioned the plastic supply chain to create a scalable, international recycling ecosystem, making recycled plastic more available to manufacturers and ensuring that virgin material has a guaranteed second life.

NEUTRALIZE CONSUMPTION BY FUNDING COLLECTION

The first step towards achieving a plastic-neutral footprint is offsetting consumption by investing in SPCCs. SPCCs are used to provide life-saving necessities for Social Plastic Collectors, construct recycling centres, expand Plastic Bank operations, & strengthen the Social Plastic® delivery line.

COLLECTION CREDITS IMPROVE RECOVERY

Improved infrastructure increases accessibility and encourages greater participation in recycling. SPCC-funded Collector rewards increase collection volumes and improve the livelihoods of Collectors and their families.

70% of every Social Plastic Collection Credit is spent & kept in the local economies of our operating regions.

how are they used?

SPCC’s enable individuals and organizations of any size to become part of the Social Plastic Ecosystem and help Stop Ocean Plastic.

They are perfect for brands and producers that don’t control their own manufacturing or that use less than 250 tonnes of recycled plastic every year.

They are also the foundation of our Personal Plastic Neutrality programs for individuals and groups .