PCX Markets operates a transparent plastic credit marketplace that facilitates audited and traceable plastic waste recovery and processing globally. The platform enables businesses to quantify their plastic footprint, set reduction goals, and purchase credits from accredited projects, effectively diverting over 105 million kilograms of plastic waste from nature.
Funding
Funding not disclosed
Founders
Product
Problem
Many companies struggle to accurately measure and manage their plastic footprint, hindering their ability to meet sustainability goals and comply with evolving regulations. A lack of transparency and traceability in plastic waste management makes it difficult to ensure that reduction and recovery efforts are effective and verifiable.
Solution
PCX Markets operates a plastic credit marketplace that brings transparency and traceability to plastic waste recovery and processing. The platform enables businesses to quantify their plastic footprint, set reduction targets, and purchase credits from accredited projects that collect, transport, and process plastic waste. PCX provides a suite of services, including footprinting, strategy development, and impact verification, to support companies in their plastic responsibility journey. The marketplace facilitates investment in projects across multiple countries, ensuring that plastic waste is diverted from the environment and responsibly managed.
Target Audience
PCX Markets serves businesses across various industries seeking to reduce their environmental impact, comply with regulations, and achieve sustainability goals related to plastic waste.
Features
- Plastic footprint assessment and benchmarking services to quantify a company's plastic usage.
- A marketplace connecting businesses with accredited plastic waste recovery and recycling projects.
- Public registry providing transparency on credit purchases and project impact.
- Support for developing comprehensive plastic responsibility strategies with measurable goals.
- Verification of plastic waste recovery based on global standards.
- Compliance services to meet Extended Producer Responsibility (EPR) requirements.
- Dashboards and analytics for tracking progress and reporting impact.