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Plastic Bank is a proud signatory of the New Plastics Economy Global Commitment along with 350 organisations around the world. The Global Commitment aims to eliminate unnecessary plastic, innovate more recyclable and efficient packaging, and circulate plastic to be reused or recycled after its first life.
At Plastic Bank, our mission is to stop ocean plastic and alleviate poverty by turning plastic into a currency. Our members exchange plastic waste 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. Collected material is processed into Social Plastic® feedstock for reuse in products and packaging.
The collected material is processed and reborn as Social Plastic® feedstock and used in the production of products and packaging. By using Social Plastic®, manufacturers help create a new life for old plastic and support the circular economy.
We are a movement that not just reveals the value in materials, but even in people and their acts in service to life for a wasteless world. A world where no material is waste and no human is wasteful.
To learn more about the New Plastics Economy Global Commitment, visit www.newplasticseconomy.org.