About the company

Type
Startup or self-employed

Members type
innovator

Headquarters
Vancouver, BC V6Z 2H7, Canada

Company size
26

Founders
David Katz & Shaun Frankson

Founded
2013


Social

Website
plasticbank.com

Alliance member

Plastic Bank


Plastic Bank stops ocean plastic; we monetize waste, reduce impoverishment, and ignite a Social Plastic® revolution.

Plastic Bank is a root cause solution to ocean plastic — by enabling the exchange of plastic for money, items, or Blockchain secured digital tokens, we reveal the value in plastic.
This empowers recycling ecosystems around the world and stops the flow of plastic into our oceans. All while helping people living in poverty build better futures. Plastic bank provides a consistent, above-market rate for plastic waste to incentivize its collection.
Individuals who gather our plastic can trade it for money, items, or services, and the collected plastic is recycled and sold at a premium as Social Plastic, a recycled material made from ocean-bound waste and used by global brands for manufacturers sold as a socially responsible alternative to virgin plastic.

Company Plastic Bank