Plastic Credits for Medium Businesses
Every business, regardless of size or industry, generates plastic waste—whether through manufacturing, packaging, or daily operations. Unfortunately, millions of tons of this plastic end up in landfills, incinerated, or mismanaged, causing significant environmental harm.
With as little as £708.00/monthly or £8,446.00/year (for companies with 51 employees) you and your business can be funding incredible projects that recycle hard-to-handle materials, fighting marine pollution and reduce greenhouse gas emissions simultaneously.
Enter the amount of employees in your business or your plastic audit to go NEUTRAL!
Benefits of fulfilling your ESG and CSR responsibilities
Apart from contributing to a healthier planet and future-proofing your business from oncoming regulatory changes your business will benefit from:
- Enhanced Brand Reputation: Position your company as an environmentally responsible and socially conscious organization, attracting customers and talent
- Increased Market Access: Tap into the growing market of sustainability-minded consumers and businesses.
- Risk Mitigation: Proactively address potential regulatory risks and future liabilities associated with plastic pollution.
- Supply Chain Optimization: Identify and reduce plastic waste within your supply chain, improving efficiency and cost-effectiveness.
- Innovative Solutions: Collaborate with Odyssey Innovation to explore innovative approaches to reduce plastic usage and promote sustainable practices.
- Employee Morale: Boost employee morale and attract top talent by demonstrating a commitment to sustainability.
- Positive Environmental Impact: Contribute to global efforts to reduce plastic pollution and protect marine ecosystems.
- Community Engagement: Participate in local initiatives to address plastic waste challenges and improve environmental quality.
- Social Responsibility: Demonstrate corporate social responsibility and build trust with customers and stakeholders.By becoming plastic neutral, your medium-sized company can demonstrate a genuine commitment to sustainability, differentiate itself in the market, and create a positive impact on the planet.
FAQs
What Are Plastic Credits?
Our plastic credits work similarly to carbon offsets but specifically target plastic waste reduction. Individuals and businesses can actively contribute to cleaning the marine environment by earning and trading these credits. The plastic credits are certificates representing the collection in kilograms of plastic waste that would otherwise have polluted our natural environment.
These credits are measurable, traceable, and verifiable.
How Do They Work?
Our initiative focuses on recycling plastic waste that would otherwise remain in the environment. We refer to this concept as ‘additionality’, where only waste that would naturally end up in the environment without any intervention is considered. As a result of our efforts, we generate a certified plastic credit for each additional kilogram of plastic we recycle.
Who benefits from the sale of Plastic Credits?
Businesses and individuals can offset their plastic usage by purchasing plastic credits — for every unit of plastic consumed, an equivalent amount is recycled. The funds generated from these credits support essential infrastructure and contribute to cleaning up existing plastic waste. Even though you can’t eliminate plastic (it’s everywhere!), you can offset its impact through plastic credits.
How are Odyssey Innovation’s Plastic Credits generated?
Our Plastic Credits are unique in that they exclusively target plastic that would otherwise remain unrecycled- every penny goes towards empowering communities to recycle marine plastic waste by building and developing essential infrastructure.
Our recycling initiatives (NRS, MRS & P4P) work closely with beach clean groups, businesses, and fishing communities. We collaborate with over 20 NGOs, charities, and over 40 fishing communities to combat marine plastic pollution; last year alone, we collected, processed, and recycled 500,000 kilos of marine plastic through our Net and Marine Regeneration Scheme.
However, there’s still much more work to be done.
Our groundbreaking Plastic Credit program provides a simple and transparent way to get involved in the battle against plastic while safeguarding our precious marine ecosystems. By doing so, we can make our world a better place to live in now and in the future.
How does purchasing these Credits make the Industry greener?
Virgin plastic is significantly cheaper than its recycled counterpart, whose material has undergone significant processing and reprocessing before reaching the market; this often demotivates the industry to use it, particularly in mass-produced items where profit margins are already slim.
Increased recycling rates mean improved competitiveness for the circular economy and the recycled plastics market. This changes societal perceptions and definitions about waste and enables Industry to become greener thanks to lower material costs.