How is Full Circle making an impact through Plastic Bank?
Through our partnership with Plastic Bank, we're plastic neutral - meaning we’re working to offset our current plastic footprint. For every amount of plastic created, a measured equivalent of plastic waste is recovered and removed from the environment.
What is Plastic Bank?
Plastic Bank builds ethical recycling ecosystems in coastal communities and reprocesses the materials for reintroduction into the global manufacturing supply chain. Collectors receive a premium for the materials they collect which helps them provide basic family necessities such as groceries, cooking fuel, school tuition, and health insurance. Plastic Bank’s proprietary blockchain platform secures the entire transaction and provides real-time data visualization – allowing for transparency, traceability, and rapid scalability. The collected material is reborn as Social Plastic® which can be easily reintegrated into products and packaging as part of a closed-loop supply chain. Plastic Bank currently operates in Haiti, Brazil, Indonesia, the Philippines, and Egypt.
What's next for us?
Our goal is to have 100% plastic-free packaging by the end of 2021!