SHELL Philippines has delivered a set of 110 bike racks made from 3,000 kilograms (kg) of plastic waste around Metro Manila and Southern Luzon as part of a unique activation to help encourage sustainable mobility and spotlight the power of the circular economy.
The Philippines has been hard-hit by the plastic waste crisis, which threatens the health of our planet. The country's Extended Producer Responsibility Act, which requires large companies to recover 40 percent of their plastic packaging footprint in 2024, aims to encourage a circular economy for plastics to ensure waste doesn't end up in nature.
With this, Shell Philippines bought plastic credits from PCX Markets, a responsibility platform that offers upstream solutions and helps fund plastic pollution cleanup projects around the world. One credit enables the collection and processing of 1,000 kg of plastic waste by project partners listed on PCX Markets. This purchase supports the work of EFT Philippines, a Davao-based SME that upcycles plastic waste into various items such as outdoor furniture.
PROMOTING PLASTIC CIRCULARITY In the Philippines, Shell has partnered with PCX Markets to develop a downstream plastic diversion program that helps fund recycling, upcycling and social impact projects to help keep plastic out of nature. PHOTO FROM SHELL
Consequently, Shell purchased upcycled bike racks from EFT, helping fund the entire circular journey of plastic waste from collection to processing and purchasing of the end product.
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