Climeto Sustainable Services

Plastic Credits

We help businesses create, execute and measure their plastic credit strategy.

That plastics, particularly single-use plastics, are harmful to the global environment is well-known.

But weaning away from plastic usage at an industrial scale is challenging. No matter where you are in your plastic management journey, we're here to help you achieve the best possible results.

Usage of plastics was long seen as a necessary evil. Plastic is inexpensive, ubiquitous, and notoriously harmful to the planet. In recent times, many initiatives at global, national and local level have taken place to address the situation. From individuals to large organisations to nations, every participant in the ecosystem has a role to play.

Getting a handle on your plastic usage is not easy. But with our expertise and experience, we help you take the challenge head on. We help you understand where you are in your plastic usage journey, advise you on best practices and work out solutions that can help you benefit greatly from both a plastic usage policy as well as offsetting plastic usage with plastic credits.

Our services

Plastic Strategy and Policy

We work with you and your ecosystem to better understand plastic consumption all along your supply chain as well as your last mile customer – and recommend solutions and define a policy that can drastically reduce your consumption..

Plastic Credits

Recent development has seen an emergence of a formal plastic credits market. We help you tackle this space and ensure that you get the best benefit out of plastics trading and earning or expending plastic credit.

Plastic Credits

What are
Plastic Credits ?

This credits are measurable, verifiable, and transferable units representing a specific quantity of plastic that has been collected from the environment, or recycled. Climeto sees plastic credits as an opportunity for companies to invest in regional collection and recycling infrastructure. Thereby plastic credits can help companies take responsibility in creating the conditions of a circular economy, beyond existing reduction and redesign efforts. We believe plastic credits should work alongside, or enhance, Extended Producer Responsibility regulation.

Why purchase Plastic Credits ?

Regional waste management infrastructure lacks the capacity to capture and recycle all the plastic waste we generate. We all currently rely on regional governments to manage our waste, without any alignment to the companies who design the products and packaging that become waste. Extended Producer Responsibility legislation offers a local and mandatory solution. Plastic credits on the other hand offer an additional or integrated voluntary and internationally standardized solution. Companies can address their plastic footprints by buying plastic credits from certified activities that enable the regional scale-up of collection and recycling infrastructure, while supporting community development.

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FAQ

 

What are Plastic Credits?

Plastic Credits are a financial instrument designed to incentivize the reduction, removal, or recycling of plastic waste. They represent a unit of measurement that quantifies the removal or recycling of a certain amount of plastic waste from the environment.

How do Plastic Credits work?

Plastic Credits work by assigning a value to the reduction, removal, or recycling of plastic waste. Organizations or individuals can earn Plastic Credits by implementing initiatives that reduce plastic pollution, such as cleaning up plastic waste from oceans, recycling plastic materials, or investing in plastic waste management infrastructure.

Who issues Plastic Credits?

Plastic Credits can be issued by governmental agencies, non-profit organizations, or private companies that operate within the plastic waste management sector. These entities establish standards and criteria for earning and trading Plastic Credits.

What is the purpose of Plastic Credits?

The primary purpose of Plastic Credits is to provide financial incentives for activities that contribute to reducing plastic pollution and promoting sustainable plastic waste management practices. By assigning a monetary value to these activities, Plastic Credits aim to encourage investment in solutions to the plastic waste problem.

Who can earn Plastic Credits?

Any organization or individual that undertakes initiatives to reduce, remove, or recycle plastic waste can potentially earn Plastic Credits. This includes companies implementing plastic recycling programs, communities organizing beach clean-ups, and governments investing in plastic waste infrastructure.
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