Oregon, USA-based Aunt Fannie’s, a supplier of sustainable household cleaning and pest solutions has announced that it is now certified Plastic Neutral. Working in collaboration with rePurpose Global, the world’s first Plastic Credit Platform, Aunt Fannie’s committed to collecting, processing and recycling as much nature-bound plastic waste as it contributes across its packaging and operations. This will allow every Aunt Fannie’s product purchase in 2021 and beyond to carry a Net Zero plastic footprint.
rePurpose is a social enterprise that co-designs and executes waste management and economic empowerment projects in collaboration with partners across three continents and seven countries. Its approach is based on a system of plastic credits. These credits function as a financing tool to generate funding for plastic reduction, recovery, and recycling solutions in areas of the world where this is currently unavailable. According to rePurpose, there is that plagues Recycling supply chains worldwide annually face a funding gap of $50 billion, according to rePurpose.
One plastic credit equals one additional kilogram of plastic waste avoided from nature or recovered from oceans, landfills or incineration. Participating businesses and consumers can then buy these plastic credits; the funds thus obtained are used to finance the removal and recycling of nature-bound plastic waste through different types of interventions. These can vary from investing in low-value plastic recovery or infrastructure to circular innovations or marine plastic recovery.
An objective third party will be able to assess project data and confirm the quantity and quality of credits.