Plastic Waste as a Currency to Reduce Poverty - Global News - The Plastic Bank is Open HD

http://plasticbank.org - The Plastic Bank is a social enterprise with a triple bottom line business model. On this Global TV News interview Founder David Katz & Co-Founder Shaun Frankson announce the official opening of The Plastic Bank, which turns plastic pollution into a currency in developing countries to help reduce global poverty while keeping plastic waste out of the ocean. The recycled plastic they collect is called Social Plastic®, which is used in manufacturing as an ethically sourced recycled plastic by values aligned corporations. It provides an opportunity for businesses to implement a true social good CSR (corporate social responsibility) strategy. Social Plastic® is eco-­friendly with a social impact. It is plastic that helped improve the live of a disadvantaged person through the exchange process. The goal is to provide enough recycled plastic to significantly reduce the total amount of virgin plastic that gets produced each year. Preventing plastic from entering the ocean gyres is a key focus for these social entrepreneurs from Vancouver BC Canada. The first Plastic Bank is located just outside Lima Peru with immediate expansions planned across Latin America and South East Asia. The Plastic Bank will enter Haiti and the Philippines in 2015. Social Plastic is a great alternative for people who live a sustainable, eco friendly, ethical, fair trade life style. The recycled plastic comes in many forms. Pet pvc pp hdpe ldpe abs pla or by number #1 #2 #3 #4 #5 #6 #7. More specifically polypropylene, polystyrene, High & Low density polyethylene terephthalate, polyvinyl chloride styrofoam. Change the world with your purchase power. Help spread the Social Plastic movement. Ask brands to use recycled Social Plastic in their product lines.