This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Monday, 02/05/2024

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.

Empowering communities in Haiti with SEINZ®

To offset its plastic use and help achieve its sustainability commitments, SEINZ by dm sponsored the development of a Plastic Bank collection center in Tarbarre, Haiti.

With SEINZ’s financial support, Plastic Bank was able to empower Tarbarre community members in Haiti to collect ocean-bound plastic, which they can exchange for premiums that provide them with basic family necessities such as groceries, cell service, cooking fuel and health care. Over the past year, the SEINZ center has supported the collection of over 17,000 kg of plastic, preventing over 800,000 plastic bottles from entering the ocean. In addition, this partnership has helped increase collector incomes in Tarbarre, Haiti more than 65% and has impacted over 200 community members.

 

 

 

 

“Plastic waste is a global issue. That’s why we want to draw attention to this by working with Plastic Bank. At dm, we see it as our task to do our part to protect the environment”

Nicolas Kubauch
SEINZ Brand Manager

Meet Our Global Partners

We’re the environment’s alchemist – turning plastic into gold. Become part of the solution by activating your business with one of our partnership programs

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Meet Our Global Partners

We’re the environment’s alchemist – turning plastic into gold. Become part of the solution by activating your business with one of our partnership programs

Become a Partner