Plastic Credit Exchange (PCX), the world’s first nonprofit plastic offset program, was recently welcomed as a nonprofit partner of 1% for the Planet. Becoming a nonprofit member means that PCX is now eligible to receive donations from 1% for the Planet’s business and individual members, placing them among a diverse, global network of environmental organizations.
1% for the Planet is an alliance of more than 4,000 responsible businesses and individual members that give back to environmental nonprofits to create a healthier planet. By providing partnership advising, impact storytelling, and third-party certification, members of the network are provided with a simple and effective way to give back to the environment. To date, over $250 million has been invested in environmental nonprofit solutions with the goal to significantly increase the overall amount of global dollars to help protect the planet with strategic and substantial donations.
Founded in 2019, PCX has built an expanding network of partners ranging in the fields of environmental research, management, and policy, united by a common vision of a plastic waste-free world. Located at the epicenter of the plastic pollution crisis, PCX has focused its on-the-ground operations in the Philippines, and hopes to expand to more heavily plastic polluted countries in the world.
“PCX is thrilled to work with 1% for the Planet, and the immense opportunities this partnership can bring. PCX believes that everyone has the power to make an impact on the war on plastic waste, and with the right tools and avenues, even more so. Being a part of the 1% for the Planet community will help us enable big companies, everyday individuals, and everyone in between to fight for our oceans and our planet”, says PCX founder and chairperson, Nanette Medved-Po.
“We are thrilled to welcome Plastic Credit Exchange to the 1% for the Planet network! We know our nonprofit partners play a critical role in solving the many challenges facing our planet, and our core work is to grow the support that enables these nonprofits to accomplish even more,” says Kate Williams, CEO of 1% for the Planet.
To date, PCX has diverted over 22 million kilograms of plastic waste away from the environment, ensuring these are processed in an environmentally sound manner. Its collection efforts include the Aling Tindera Waste-To-Cash Program, empowering women micro-entrepreneurs to become sustainability champions in their community while allowing them to earn an incremental income from plastic waste collection.