What is Plastics For Change?
Plastics For Change operates at the intersection of environmental sustainability and social equity. By transforming plastic waste into high-value raw materials, the company addresses the dual challenge of ecological degradation and poverty among informal waste collectors. Their business model integrates a robust supply chain that provides textiles, merchandise, and recycled raw materials to global markets. By formalizing the waste collection sector, the company ensures fair wages and improved safety standards, effectively bridging the gap between corporate sustainability mandates and grassroots environmental action. This dual-impact approach has established the firm as a critical player in the transition toward a circular economy, providing businesses with the transparency and ethical sourcing required for modern ESG compliance.
How much funding has Plastics For Change raised?
Plastics For Change has raised a total of $2M across 1 funding round:
Other Financing Round
$2M
Other Financing Round (2020): $2M with participation from Mirova
Key Investors in Plastics For Change
Mirova
Mirova is an asset management firm dedicated to sustainable finance, specializing in investment strategies that align financial returns with positive environmental and social outcomes.
What's next for Plastics For Change?
With the recent infusion of capital, Plastics For Change is poised to scale its recovery operations and deepen its market penetration within the sustainable materials sector. The strategic focus will likely shift toward optimizing the efficiency of its collection networks and expanding its product portfolio to meet the rising demand for recycled content in manufacturing. By leveraging this major enterprise-level funding, the company aims to solidify its position as a leader in ethical supply chain management, potentially setting new industry benchmarks for how private enterprises can drive systemic change in waste management while maintaining long-term financial viability.
See full Plastics For Change company page
