Login
We aspire to operate at the epicenters of the plastic crisis, working hand in hand with sustainable businesses around the world to achieve measurable impact. We encourage the elimination of unnecessary plastic while providing opportunities to enable a circular economy through prevention, reuse, substitution and recycling to avoid plastic waste from leakage into nature.
OUR MISSION
Our mission is to accelerate the transition to a circular economy and to build a future where no plastic waste ends up in nature.
OUR STORY
The United Nations Environment Programme reports that about 400 million metric tons of plastic waste are produced each year, with an estimated 10 million metric tons ending up in the ocean.
In the face of this enormous crisis, Plastic Credit Exchange (PCX) was established in 2019 in the Philippines - one of the epicenters of the plastic pollution crisis. PCX is the world’s first fully integrated and blockchain-protected plastic offset program that offers brands a way to achieve their sustainability goals by showing them that there is an effective, achievable way to clean up their plastic waste.
In 2022, our vision to accelerate impact led to the creation of PCX Markets. This global platform empowers purchasers to select credits from a wide range of projects, including community-based collection programs in Thailand, recycling operations in India, and more, all accredited through PCX or Verra standards.
OUR IMPACT
PCX has enabled more than 32,000 Metric Tons of plastic waste to be cleaned up and invested over US$2.7 million to support new plastic waste collection capacity and other circular economy initiatives. In addition, many projects directly empower communities with socio-economic lift and cleaner living environments.
All credits sold have received PCX’s well-established and publicly available Plastic Pollution Reduction Standard (PPRS) accreditation, which was the first of its kind when it was launched in March 2020.
PCX Markets
Management Team
NANETTE MEDVED-PO
Founder & Executive Chair
- Generation HOPE Inc., Founder, Philippines’ First B-Corp
- Forbes Hero of Philanthropy
- WWF Philippines, Trustee
- Finance and Entrepreneurship, Babson College
SEBASTIAN DIGRANDE
Chief Executive Officer
- BigLots Board Member
- EVP Strategy & Chief Customer Officer, Gap Inc.
- Senior Partner, BCG
- MBA, Wharton
- BSEE, Georgia Tech
DIPENDRA JAIN
Chief Product & Technology Officer
- 3x entrepreneur
- Skyscanner, Accenture, HP, Dell
- AI & ML, UT Austin
- MBA IMD Lausanne
Nils Knoop
Marketing & Communications Director
- Seventh Generation, Global Marketing & Advocacy
- Ben & Jerry's, Integrated Marketing & Comms
- Nike, Corporate Communications
- M.Sc., German Sports University
ILUSION FARIAS
Impact
- Managing Director, Friends of HOPE Inc.
- Former Executive Director, Cremos
- MPA Harvard Kennedy School
MEG ANNE SANTOS
Sustainability Campaign Manager
- Former Corporate Sustainability and Operations, Nestle
- Chemical Engineer
BOARD OF
DIRECTORS & ADVISORS
HELGA VANTHOURNOUT
Board Member
- Director, Wealth of Flows Consulting
- Strategic Advisor, ADM Capital Foundation
- Senior Expert, McKinsey & Company
- MBA, IMD
- MSc Env. Policy, IIIEE
- MSc Env. Engineering, Ghent University
MICHAEL GILMORE
Board Member
- UN PRI International Working Group
- on Plastics, Member
- Albizia Capital, Research Director
- MBA SOAS University of London
GIDEON AGAR
Board Member
- Tradelegs, CEO
- Patriarch Partners, Managing Partner
- MBA Harvard Business School
SHEILA MARCELO
Board Advisor
- Care.com, Founder New Enterprise
- Associates, Venture Partner
- MBA Harvard Business School
- JD Harvard Law School
WHERE WE OPERATE
We’re starting at the epicenter of it all, focusing on countries hit worst by the plastic pollution crisis. From offices in the Philippines, the United States, and Singapore, we intend to expand cleanup operations to the top 10 most plastic polluted countries in the world.
RON HOSE
Board Member
Ron Hose is an entrepreneur and early-stage investor in technology companies. He currently serves as Independent Director of UnionBank. Prior to joining the board of UnionBank, Mr. Hose was the founder and CEO of Coins.ph (acquired by Gojek in 2019), one of the first blockchain-based financial services platforms to reach significant mainstream consumer adoption. Mr. Hose was also a founding partner at Silicon Valley-based venture fund Innovation Endeavors, and a founder at TokBox Inc, a San Francisco based video conferencing startup that was acquired by Telefonica. Mr. Hose has solid experience in information technology, FinTech, Blockchain, e-commerce and venture capital, and has likewise rendered his fintech expertise during various speaking engagements. He is a graduate of Cornell University in 2005 with a Master’s of Engineering Degree in Computer Science.
HELGA VANTHOURNOUT
Board Member
- Director, Wealth of Flows Consulting
- Strategic Advisor, ADM Capital Foundation
- Senior Expert, McKinsey & Company
- MBA, IMD
- MSc Env. Policy, IIIEE
- MSc Env. Engineering, Ghent University
MICHAEL GILMORE
Board Member
Michael Gilmore leads Albizia's approach to ESG and is a member of the UN PRI's Plastics Investor Working Group. Michael began his career at DBS Securities, before moving to UBS where he became Head of Asian Consumer Research. In 2005, Michael joined Nomura Securities, and HSBC in 2010, in the sales role. Michael has a Masters from SOAS, University of London where he also has a BA in Economics and Politics, specialising in the ASEAN.
GIDEON AGAR
Board Member
Gideon Agar is currently CEO of Tradelegs, and its wholly-owned subsidiary Optimize. Advisors, an SEC-registered investment advisor. He has worked in the tech industry since 1988, holding management positions at companies like Oracle and Cisco. From 2007-2010 Gideon was a managing director at Patriarch Partners, a multi-billion dollar private equity fund. Gideon has bachelor degrees in both Computer Science and English Literature from Brown University and an MBA from Harvard Business School.
SHEILA MARCELO
Board Advisor
Sheila Marcelo is the founder, chairwoman, and CEO of Care.com, the world’s largest online destination for finding and managing family care. She was a management consultant and a teaching fellow at Harvard Business School, vice president of product management and marketing of Upromise, the vice president and general manager of TheLadders.com, and an Entrepreneur in Residence at Matrix Partners. Sheila has been honored as one of the Top 10 Women Entrepreneurs at Fortune’s Most Powerful Women Summit in 2009 and in Fortune magazine in 2014. She became the youngest recipient of the lifetime award by Harvard Business School, the Harvard Business School Alumni Achievement Award in 2014, and was bestowed the Filipino Heritage Award or Pamana ng Pilipino from former Philippine President Benigno Aquino III. Sheila also is a Henry Crown Fellow with the Aspen Institute, was awarded a Marshall Memorial Fellowship and was named a Young Global Leader by the World Economic Forum. She sits on the Board of the Philippine Development Foundation, the Advisory Board for the Harvard Business School Rock 100 Entrepreneurs Summit, and is an adviser to several startup companies. Sheila graduated magna cum laude with a degree in economics from Mount Holyoke College, which also conferred upon her an honorary Doctorate of Humane Letters in 2015. She earned her JD and MBA degrees with honors and the Dean’s Award from Harvard University.
NANETTE MEDVED-PO
Founder & Executive Chair
Nanette Medved-Po is the founder and chairperson of Plastic Credit Exchange, Inc. (PCX), and HOPE, an impact company that invests 100% of profits to improve public school education infrastructure, agriculture interventions for smallholder farmers, and environmental initiatives in both the plastic waste and carbon sequestration spaces. She serves on the Board of Trustees of the World Wildlife Fund Philippines and on the Board of Directors of Winrock International in Arlington, Virginia. Nanette recently received the NGO Leadership Award and Social Innovation Leadership Award from the Philippines Leadership Awards and was honored as one of Forbes’ Heroes of Philanthropy. She graduated summa cum laude with degrees in Finance and Entrepreneurship from Babson College in Massachusetts.
SEBASTIAN DIGRANDE
Chief Executive Officer
- BigLots Board Member
- EVP Strategy & Chief Customer Officer, Gap Inc.
- Senior Partner, BCG
- MBA, Wharton
- BSEE, Georgia Tech
DIPENDRA JAIN
Chief Product & Technology Officer
- 3x entrepreneur
- Skyscanner, Accenture, HP, Dell
- AI & ML, UT Austin
- MBA IMD Lausanne
ILUSION FARIAS
Impact
- Managing Director, Friends of HOPE Inc.
- Former Executive Director, Cremos
- MPA Harvard Kennedy School
MEG ANNE SANTOS
Sustainability Campaign Manager
- Former Corporate Sustainability and Operations, Nestle
- Chemical Engineer
Nils Knoop
Marketing & Communications Director
- Seventh Generation, Global Marketing & Advocacy
- Ben & Jerry's, Integrated Marketing & Comms
- Nike, Corporate Communications
- M.Sc., German Sports University
