One year of successful partnership with Plastic Bank

4 December 2018

One year ago, Henkel entered into a partnership with the social enterprise Plastic Bank, as the first global fast-moving consumer goods company. Since then, Henkel and Plastic Bank have made considerable progress: More than 35 tons of plastic have been collected in three newly built plastic collection centers in Haiti.

“Plastic Bank creates a value chain that contributes to a better world. Our partnership with Henkel is a good example of what can be achieved by joining forces,” said David Katz, CEO of Plastic Bank. “Together we can create true added value by tackling the waste problem in a holistic approach while at the same time helping the world's poorest people.”

Plastic Bank was founded in 2013. The social enterprise has set itself the goal to reduce waste in the oceans and waterways while improving the lives of people in poverty – especially in countries that lack waste management infrastructure. This is how it works: the local population can return collected plastic waste in the collection centers and exchange it for money, goods, or services. As part of the partnership with Henkel, three new plastic collection centers were opened in Haiti, one of the poorest countries in the world. The amount of plastic collected so far – more than 35 tons – corresponds to more than 1.2 million drinking bottles.

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