25.06.2024 13:00:06 - dpa-AFX: GNW-Adhoc: The next generation of business is regeneration

VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- Small businesses
account for 90 per cent of the global business community, but many struggle to
grow, let alone find impactful ways to address environmental and social
challenges. Plastic Bank's Impact Subscription addresses this unmet need by
empowering entrepreneurs to help end poverty, stop plastic pollution, and grow
their businesses with purpose.
"In waiting for more big businesses to become regenerative, we are ignoring the
immense potential of small businesses to drive a meaningful transition toward a
purpose economy," said David Katz, Founder and CEO of Plastic Bank. "If we
provide entrepreneurs with the guidance and resources to integrate purpose into
their business and help them build a tribe of like-minded customers who
recognize and reward this shift, we can drive unprecedented growth and impact.
It's a win-win-win for the people, the planet, and the businesses."
Impact Subscription guarantees the traceable collection of a pre-set amount of
plastic bottles by Plastic Bank's collection community members. Gathered plastic
is exchanged by members for money and social benefits, including health, work
and life insurance, digital connectivity, grocery vouchers, school supplies, and
fintech services.
"Plastic Bank is one of the most effective and important social impact
initiatives around and something very close to our heart. We love supporting
Plastic Bank, not only to look after the planet but also to lead by example, at
least in our industry, amongst our clients, suppliers and other stakeholders,"
said Louis Beaumont, Managing Director and Co-Founder of Hive Cleaning, the
highest-scoring B Corp certified cleaning company in the UK and an Impact
Subscriber with Plastic Bank.
Through their Impact Account, small businesses get access to tools and resources
that help effectively communicate their commitment to regenerative practices and
the purpose economy. These include authentic stories, photos, videos, and social
media content from collection communities; dedicated web pages showcasing their
real-time tangible impact; ready-to-deploy in-store materials for retailers; and
downloadable impact certificates showcasing the amount of plastic the business
has helped gather from the environment.
The 2022 Google Cloud Study reveals that 82 per cent of shoppers support brands
that align with their values, 66 per cent search for eco-friendly brands, and
55 per cent say they would pay a premium for sustainable products.
To learn more about how an Impact Subscription can benefit your business, visit
plasticbank.com/small-business (http://plasticbank.com/small-business). Enjoy
50 per cent off the first three months of your Impact Subscription with code
FREEDOM. Offer valid until July 31.
About Plastic Bank
Plastic Bank is a social fintech with a global bottle deposit program that helps
end poverty and stops plastic pollution.
Collection members exchange plastic for money, social benefits, and beyond.
Traceable collection, secured income, and verified reporting are delivered
through our blockchain-secured platform.
People and businesses reduce their environmental footprint and support
communities through an impact subscription. Subscribers access tools to share
impact, invite their customers to join, and grow.
Collected bottles are returned as recycled feedstock to the circular economy.
Plastic Bank is headquartered in Canada, with operations in the Philippines,
Indonesia, Brazil, Egypt, Thailand, and Cameroon.
PlasticBank® and Social Plastic® are trademarks of The Plastic Bank Recycling
Corporation.
Learn more at plasticbank.com.
Visual Resources
https://brandfolder.com/s/qt2p8xxmp727vq8jmt7rbs64
Contact
Esh Engao | E: press@plasticbank.com (mailto:press@plasticbank.com) | Ph:
+1 604 263 7443 ext. 704
A photo accompanying this announcement is available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/580e0639-
3a77-414a-8ad1-13ac91ef0418
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