How this project is helping
Where we're making a difference
Plastic Bank operates in countries with high rates of plastic pollution and poverty. Most of such countries lack proper waste management infrastructure and have a greater dependency on single-use packaging for clean and sterile goods. This results in a disproportionate amount of plastic pollution. We continuously aim to close the distance between our partners and their Social Plastic® supply chains with each new expansion.
About the evaluators
Through our partnership with Plastic Bank, we collect plastic within 50 kilometres of ocean-bound areas. Our communities gather plastic waste from various sources, including beaches, riverbanks, and households, directly addressing ocean plastic pollution.
Together, we reveal value in plastic waste and improve lives. Members exchange plastic waste for bonuses at local Plastic Bank branches, enabling access to necessities like groceries, fuel, education, and healthcare. Our secure and traceable income sources empower vulnerable communities to overcome poverty.
The details this project
While plastic in many forms can improve and simplify our lives, we have also become used to it, irreplaceably. It’s easy to buy, cheap to use, and convenient to throw away. As we continue to create more plastic waste, by 2050 there will be more plastic in the ocean than fish.
By partnering with Plastic Bank, you are enabling plastic collection within 50 kilometres of ocean-bound waterways and coastlines. Our communities gather plastic waste directly from local beaches, riverbanks, neighbourhoods, and even households – so we are able stop ocean plastic directly at source.
Together, we are revealing value in plastic waste and improving lives. Our members exchange plastic waste as currency at local Plastic Bank branches for bonuses that help provide basic family necessities, such as groceries, cooking fuel, school tuition, health insurance, digital connectivity, and fintech services. By offering safe, secure, and traceable sources of income, we’re empowering communities in vulnerable areas with a path out of poverty.
With Plastic Bank, the world’s most progressive companies and individuals are stewarding the collection of ocean-bound plastic and empowering collection communities to thrive. The recycled plastic is reborn as Social Plastic® feedstock and used in the production of products and packaging – thus helping create new life for old plastic.
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