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.

Shaun's portrait

Shaun Frankson – Championing Company Sustainability at Plastic Bank

Co-Founder & Chief Technology Officer

Shaun Frankson – Championing Company Sustainability at Plastic Bank

Co-Founder & Chief Technology Officer

Shaun Frankson is the co-founder of Plastic Bank, a social enterprise that makes plastic waste a currency to FIGHT Ocean plastic and global poverty. Plastic Bank uses a blockchain-powered platform to provide a life ascension program and universal income for the world’s poor that is earned through Social Plastic recycling programs.

Shaun is a digital strategist and proudly empowers others to create a life of purpose. He is the project lead on a game changing Blockchain recycling platform and created the brand strategies to introduce Social Plastic® to the world, resulting in over 500 media features and a multi-million person movement.

Plastic Bank is now enrolling the world to contribute while working with some of the largest organizations on the planet to help stop Ocean plastic.

Shaun’s ability to strategize has taken him all over the world. He was named an Ashoka Emerging Innovator, an IBM Champion and, along with David Katz, received the Sustainia Community Award at COP21 and the United Nations Momentum for Change Award at COP23. Shaun is a social good spokesman and performed a 2017 TEDx Talk on saving the planet through responsible consumerism. He has made appearances in the award-winning documentary A Plastic Ocean, the reality TV show Dragons’ Den, a Las Vegas billboard and countless news interviews.

How to save the world through responsible consumerism

Shaun speaking at Harvard University

Blockchain Panel in New York