This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Friday, 02/23/2024

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.

David Katz – Leading the Charge in Environmental Sustainability

Founder & Chief Executive Officer

David Katz – Leading the Charge in Environmental Sustainability

Founder & Chief Executive Officer

“We all agree: Someone needs to do something about ocean plastic. This is the something, you are the someone.”

David has been named one of the world’s most compassionate entrepreneurs by Salt magazine. He is the recipient of the United Nations Lighthouse award for Planetary Health, recipient of the Paris Climate Conference Sustainia community award, recipient of the Earnst and Young Lifetime Achievement award, is the Past President of the Vancouver Chapter of the Entrepreneurs’ Organization (EO), and named the Entrepreneur Organizations, Global Citizen.

David is the founder of The Plastic Bank, an internationally recognized solution to ocean plastic. The Plastic Bank is a global network of micro recycling markets that empower the poor to transcend poverty by cleaning the environment.

The Plastic Bank is an eco-system that provides an opportunity for the world to collect and trade plastic waste as a currency. Global partners include IBM, Shell Energy, SC Johnson, Aldi, Henkel and more.

His humanitarian work has earned him international recognition. David has been featured in hundreds of international news and investigative articles, including Forbes, Time Magazine, Fast Company, Business Week, and National Geographic. David can be found at TED.com, is featured in an award-winning documentary and starred in an international reality television show.

David is a steward of the earth and a champion for the poor.