Yes, the concept does borrow from carbon offset programs, but it differs in its fundamentals, transparency, and execution, according to PCX founder Nanette Medved-Po.
It’s easier to get your head around the notion of a ton of plastic— “offsetting” that to balance out your plastic footprint does not require a leap in conceptual thinking.
PCX also partners with local communities to collect plastic waste, prioritizing women micro-entrepreneurs through its Aling Tindera waste-to-cash program in low-income countries.
It partners with auditing firms PWC and EY to ensure end-to-end transparency, and it has worked with companies like PepsiCo, Nestlé, and Colgate-Palmolive in the Philippines.