The Plastic Recovery Fund
Location: Southeast Asia (Indonesia, Thailand, The Philippines), Egypt, Brazil
Intervention: Collection and recycling of discarded plastic from the environment
Verification: Plastic Bank's traceable collection system
Plastic is part of our daily lives, but discarded plastic left unmanaged harms the environment and communities. Every year, around 12 million tonnes of plastic enter the oceans — the equivalent of one garbage truck every minute. Supporting responsible collection and recycling helps reduce plastic pollution while creating positive impact where it is needed most.
Shift Global has partnered with Plastic Bank to expand collection initiatives in vulnerable coastal regions. Local members gather discarded plastic from streets, riverbanks, beaches, households, and neighbourhoods, ensuring it is responsibly collected and recycled before it can pollute the environment.
This collaboration fights plastic pollution while creating new opportunities for people in collection communities. Plastic Bank’s network of collection branches allows members to exchange plastic for secure income and social benefits such as groceries, school supplies, health insurance, and digital connectivity. This empowers families with stability and helps lift communities out of poverty.
Through the collaborative efforts of companies and individuals, we are driving measurable environmental and social impact. Each contribution supports the collection of discarded plastic, helps reduce waste in the environment, and strengthens the circular economy by recycling material into new products and packaging.
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The Plastic Recovery Fund
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Verified Impact
Plastic collection is verified by Plastic Bank, and secured by their blockchain enabled platform, oversight that ensures all contributions lead to measurable impact on the ground.
Verification
Plastic collection is verified by Plastic Bank’s proprietary blockchain-secured platform, which ensures end-to-end traceability. Each transaction is recorded from the member who collects the plastic to the processor who recycles it, providing full transparency and measurable impact.
Additionality
Your contribution supports additional collection that would not take place without this programme. Operations are active in Southeast Asia (Indonesia, Thailand, The Philippines), Egypt, and Brazil, where each kilogram collected makes a measurable difference for both the environment and local families.
Permanent
Plastic gathered through this programme is permanently removed from the environment and responsibly recycled. This ensures it does not return to harm ecosystems and contributes to a cleaner, more sustainable future.
FAQs
How do you ensure the impact is taking place?
All plastic offsets are secured by Plastic Bank's proprietary blockchain-secured platform which offers end-to-end traceability. Plastic Bank assigns unique ownership of the entire transaction chain, from the member who collects the plastic to the processor who recycles it through Plastic Bank’s proprietary blockchain. This offers traceability of collection bonuses awarded to members, confirms material recycling at the processor partner facilities, and offers proof of social impact. Every transaction has a unique claim ID number that can only be owned by one purchaser.
How do you calculate impact in bottles?
One kilogram of plastic is equivalent to 50 (500ml) single-use plastic bottles, based on the Bottle2KG research study involving over 100 collection branches across the Philippines and Indonesia. Learn more here!
Who are the collection community members?
An individual who is over 18 years of age, registered through the PlasticBank® app, and gathers discarded plastic from the environment is a collection community member. Some are full-time members who have worked in informal waste collection for many years, while others work with Plastic Bank on a part-time basis to supplement other sources of income. Regardless of how much or how often the collection community members collect plastic, age-verified collection members can exchange plastic for additional income and social benefits at their local collection branch.
What do you do with the plastic after it’s collected?
The plastic collected through the collection communities are delivered to Plastic Bank processing partners for reprocessing into Social Plastic® feedstock and reintegrated into products and packaging by partner organizations and brands.