Home » What is Plastic Credit?
Next to every recyclable plastic bottle there is a plastic bag, shoe, food packaging, or other non-recyclable plastic that is not being collected because it has no market value, and therefore no solution.
The Plastic credit system allows companies to end selective collection and prevent plastic leakage into the ocean.
For TONTOTON, a plastic credit represents the collection and treatment of one ton of non-recyclable ocean-bound plastic. TONTOTON provides corporations with a solution to take responsibility for the extent of their consumption by financially supporting clean-up activities of mismanaged plastic abandoned in the environment.
Plastic credits act as a viable investment structure to reduce a business’ negative impact according with the amount of plastic waste that would be produced; this can be achieved through our external project which addresses the most acute problem occurring in Cambodia and Vietnam – mishandling of post-consumer, non-recyclable plastics.
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Imagine an inflatable pool full of plastic balls representing our global plastic consumption yearly.
In that case, each ball is a different company that uses plastic.
Like the other businesses, your ball represents the plastic products and packaging that you produce each year.
In other terms, this is your plastic footprint.
TONTOTON helps companies to take responsibility of not only the recyclable plastic wastes, but more so, the orphan plastics that the current commodity market cannot recycle therefore becomes the biggest problem in the plastic waste management loop. While plastic credit can help balance the companies’ plastic footprint with the same amount of collected plastic waste in most polluted areas, it is also a tool for companies to do more and influence a market balance between recyclable and non-recyclable plastic wastes.
What does it mean?
‘Company A’ has added 300 tons of plastic products to the global pool this year.
TONTOTON, supported by the company,
will take out 300 tons (or more) of non-recyclable
ocean-bound plastic from the pool and take accountability of its plastic footprint.
We rescue orphan plastic from different coastal areas in Vietnam and Cambodia
The Material Recovery Facility provides a central location for the delivery of all types of plastic material collected from the environment
We inspect, measure, weigh our plastic, and pay a stable trade price to collectors
We segregate all plastics into different sorting lines, with materials of the same colour and polymer type combined together
We recycle, upcycle, and co-process plastics, ensuring all materials have next life solutions for a fully circular economy
We submit our processing activities to Control Union to obtain our Neutralization Certificate
When a company requests to collect plastic for recycling, a selective collection of the specific material required is carried out. Single-use plastic and these of poor quality that are not economical to recycle is not collected and remain in the environment, in remote villages, rivers, and oceans.
Through a certified Plastic Credits system, we help companies to move from a selective collection of only plastic for recycling to an extensive responsible collection of all types of plastic, Leaving nothing behind!
TONTOTON’s plastic credits are a key mechanism to propel corporate capital directly to our on-the-ground projects collecting ocean-bound plastic and creating next-life solutions. Plastic credits drive social justice providing stable income, environmental education, and gender empowerment. This is your way to create a change.
1. Your company becomes proactive in reducing potential ocean plastic.
2. You can let your stakeholders know about your products with impact and purpose.
3. You can tell your impact and purpose story in your marketing campaigns.
4. Be responsible and sustainable. Display your efforts towards the UN Sustainable Development Goals.
5. Balance your environmental plastic footprint. You can include how much plastic your company collected and communities you helped in your CSR Reports.
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