Prime Integrated Waste Solutions (PWS), a developer and operator of materials recovery facilities (MRFs) in the Philippines, started selling verified plastic credits. The credits aim to help businesses offset their plastic footprint, meet sustainability goals and reduce their environmental impact.
PWS, a wholly-owned subsidiary of Prime Infra, launched its plastic credit offering in January and has since sold over 1 million credits. This volume is roughly equivalent to the weight of 700 average-sized cars’ worth of plastic removed from the environment.
“Our goal is to help businesses integrate sustainability into their operations by providing them with an easier, measurable solution for reducing their plastic impact on the environment,” said Cara Peralta, Prime Infra market sector lead for waste.
The plastic credits are generated from PWS’ facility in Cebu City. PWS operates two MRFs in the Philippines: one in Cebu City and another in Pampanga.
Plastic credits allow companies to meet their obligations under the Extended Producer Responsibility (EPR) law, which mandates them to recover and account for a percentage of the plastic waste they generate.
