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The average American generates 84 kg of plastic waste per year!
Plastic Bank builds ethical recycling ecosystems in vulnerable coastal communities that have poor solid waste management and reprocesses the materials for reintroduction into the global manufacturing supply chain. They believe that making recycling accessible and economically beneficial increases recovery rates and reduces the amount of plastic entering the ocean.
Every day, collectors gather ocean-bound plastic waste which is exchanged at their local collection branches for bonuses that help them provide basic family necessities such as groceries, school tuition, and health insurance.
Collected material is reborn as Social Plastic® which is reintegrated into products and packaging. This creates a closed-loop supply chain while helping those who collect it.
Plastic Bank’s proprietary blockchain platform secures the entire transaction and provides real-time data visualisation: allowing for transparency, traceability, and rapid scalability.
With Plastic Bank, Denman is helping stop ocean plastic and improving the lives of collectors in vulnerable coastal communities.
By partnering with Plastic Bank, Denman wants to empower our consumers to make sustainable choices and incorporate a powerful narrative of regenerative impact around plastic pollution.
When you choose Denman, every purchase contributes to our annual commitment of stopping over 45 metric tons of plastic from entering the ocean, which is the equivalent of 2.2 million single-use plastic bottles.
No one person can stop ocean plastic and reduce poverty alone, but by revealing the value of plastic waste, we can create meaningful impact together.
Today, through our partnership, along with 200 other global businesses, Plastic Bank has achieved the incredible milestone of preventing 2 billion single-use plastic bottles from entering the ocean in just 8 months, which was 12 times quicker than their first billion. Two billion plastic bottles is equivalent to more than 40 million kilograms of plastics that would have otherwise found its way into our oceans. In reaching this milestone, the social enterprise worked with more than 30,000 collectors across the Philippines, Indonesia, Brazil, and Egypt. This 2-billion milestone is evidence of Plastic Bank’s commitment to stop ocean plastic and end poverty in the world's most vulnerable coastal communities, while revolutionising the global circular economy for recycled plastic.
Learn more at plasticbank.com
