This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Wednesday, 04/24/2024

Ocean-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.

Community 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.

Equivalent 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)

Recycling 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.

Plastic Bank’s Partnership with CooperVision


CooperVision partners with Plastic Bank to launch the United States’ first Plastic Neutral contact lens

As one of the world’s leading manufacturers of contact lenses, CooperVision is dedicated to developing quality lenses that bring better vision to the world2. CooperVision is committed to taking significant steps in its sustainability practices3. For every box of clariti® 1 day distributed in the United States, CooperVision will fund the collection, processing, and reuse of general plastic waste that is equal to the weight of the plastic contained in clariti® 1 day lenses and packaging.

A dedication to the good of the planet

With the launch of clariti® 1 day, CooperVision is providing eye care practitioners and contact lens wearers a simple, environmentally sustainable option to make a positive impact on the environment. In the first three months of our U.S. partnership, CooperVision and Plastic Bank have prevented over 111,000 kilograms of plastic waste from entering the ocean – that’s equivalent to over 5.5 million single-use plastic bottles. 

Together with CooperVision, we are creating environmental, social and economic impact for our collector communities and the world. 

 

 

 

FOOTNOTES:

1.CVI data on file 2020. Sustainability report, clariti® 1 day in US. Based on top 4 global contact lens manufacturers.

2. CVI data on file 2019. Randomised, double-masked, crossover study, habitual CL wearers fitted with Biofinity (N=55) for 1/12 then clariti® 1 day (N=51) for 1/52. VA on dispensing and 1-week follow up.

3. Sustainable manufacturing and operations at CooperVision Costa Rica manufacturing facility.