This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Sunday, 09/24/2023

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.

Paul Howarth Chief Financial Officer at Plastic Bank

Paul Howarth

Chief Financial Officer

Paul Howarth

Chief Financial Officer

Paul is a Chartered Accountant by profession, specializing in Financial Planning & Accounting, tax, and transformations, with several global organizations operating in diverse business verticals that include pigments, private equity, SaaS, telecommunication, property, facilities management, recruitment, logistics, data storage, audit and practice. With decades of experience, Paul brings governance, insights, solutions, and clarity to opportunities, risks and issues. His knowledge contributes to our long-term value creation. First and foremost, Paul loves the purpose of driving solid business practice to create lasting social impact.