PCX Diverts 100 Million KG of Plastic Waste!

We’re excited to announce that PCX Markets, together with our partners, have surpassed a major milestone—diverting more than 100 million kilograms of mixed plastic waste from nature! That's equivalent to 6.6 billion 15-gram plastic bottles, enough to circle the earth 25 times.

“We’re inspired by our mission-driven project partners, who are delivering environmental and social impact in communities that have been hardest hit by the plastic waste crisis, and by the brands who’ve chosen to tackle this urgent issue,” said Sebastian DiGrande, CEO of PCX Markets.

With ten new projects added this year, our marketplace now supports 34 projects in 11 countries. As global efforts intensify, we’re proud to lead the way in creating real, lasting impact.

“We are on the cusp of historic change. The UN’s work on a global treaty has created a shared awareness that we must move quickly to tackle this crisis," said PCX Founder Nanette Medved-Po.

Thank you to our partners for making this possible—together, we can be the generation that ends the plastic waste crisis!

Learn more →

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The World Bank Spotlights the Role Plastic Credits can Play in the Fight Against Plastic Pollution

The World Bank has released a comprehensive report about plastic credits as a vital tool in combating plastic pollution. The report highlights how plastic crediting can connect public and private sector finance to specific initiatives that address plastic pollution. By quantifying and certifying these efforts, plastic credits enable organizations to support projects contributing to a circular economy.

The report outlines several key benefits of plastic crediting, including increased funding for plastic waste management projects, enhanced accountability and transparency in waste reduction efforts, and the promotion of sustainable practices. It also acknowledges the challenges faced by this emerging sector, such as the need for standardized definitions, the risk of greenwashing, and the importance of strong governance.

Importantly, the World Bank emphasizes that plastic credits should complement, not replace, broader waste management investments and policies—a perspective that aligns with PCX's approach to tackling plastic pollution.

Read the full report here.

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News and Perspectives

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Nanette Medved-Po shares her journey on Rappler's HIPE Stories

"I firmly believe that businesses, when they choose to, are incredible forces for good. Nothing moves with the efficiency of the market system."

On this episode of Rappler's HIPE Stories, which spotlights High Impact Pinoy Entrepreneurs, PCX and HOPE founder Nanette Medved-Po talks to Endeavor Philippines' Manny Ayala about her journey as a social-impact entrepreneur, the 'aha moment' for starting both HOPE and PCX - and the incredible impact that brands who "combine commercial head with social heart" can have on the world.

Watch the full episode on Rappler's YouTube channel here.

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Deloitte recognizes PCX for Innovation in Scaling Environmental Impact

We're thrilled to be featured in the second edition of the "Edges of Southeast Asia" report - a collaborative effort between Deloitte, the Singapore Economic Development Board (EDB) & the US-ASEAN Business Council.

The report highlights pioneering examples in the region, focusing on market-tested strategies for business model innovation.

"PCX Markets is not just reducing plastic waste. It is applying market principles to scale environmental impact," writes Deloitte.

Download the full report here.

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PCX Markets marks new milestone in the fight against plastic waste

Indonesia alone produces about 7.8 million tonnes of plastic waste annually, with 5 million tonnes going uncollected or disposed of in open dumpsites and improperly managed landfills. Without major intervention, coupled with limited waste collection and lack of recycling facilities, plastic pollution is set to increase by 30 percent by 2025 and more than double by 2040.

Read the full article from The Jakarta Post here.

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Microplastics are infiltrating brain tissue

The human brain is “one of the most plastic-polluted tissues" in our body, according to a new study. These tiny plastic particles can cross the blood-brain barrier, leading to inflammation and possibly impacting cognitive function. This discovery raises concerns about the widespread presence of microplastics in the environment and their long-term effects on human health.

Read the full article from The Guardian here.

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Start your EPR journey →

Are you on track to meet your plastic recovery goals?

The Extended Producer Responsibility Law mandates Philippine enterprises to recover 40% of their plastic footprint by the end of 2024.

Navigating EPR regulations can be complex. PCX is here to simplify the process and ensure your compliance. Our expert team offers comprehensive support and guidance, helping you meet regulatory requirements efficiently and effectively.

Consult with our EPR Concierge team to get started on your EPR journey.