Plastics for Change
Plastics for Change is a Canadian/ Indian fair trade certified fair trade B2B marketplace platform connecting 5000+ informal waste workers and scrap shops, and subsequently recycles it into usable high quality plastic through their network of recycling centers across India and SEA. The ethically sourced recycled plastic is then supplied to the world’s leading consumer brands as the alternative source of virgin plastics for their packaging. This helps brands to build a transparent and responsible supply chain for their packaging, while increasing the brand’s market share through authentic cause marketing. Plastics for Change provides a dignified workplace for previously informal waste collectors, while reducing plastic waste on landfill and ocean.
Investor Base
Mirova
Impact Summary
Impact Governance
🗹 Responsible business practices benefiting stakeholders
🗹 Mission aligned Shareholders
Impact Strategy
🗹 Impact is integral to business
🗹 Scalable solution with quantitative impact
🗹 Evidence of, or opportunity to, mission lock
Impact Track Record
🗹 Demonstrable impact commitment from founder
Fundraising Details
Asset Class
Company
Targeted Amount
USD 5 million (Series A)
Close Date
Currently raising
Impact theme
Circularity
Geography
India, Southeast Asia