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Our Story

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WHO WE ARE          OUR STORY          OUR TEAM

 

Who We Are

Plastic Credit Exchange (PCX) is a non-profit organization that partners with sustainability-conscious businesses around the globe to responsibly offset their plastic footprint, and reduce the flow of plastic waste into our landfills and oceans.

 

PCX has built a wide ecosystem of collaborators that recover, process and recycle plastic waste, and continuously seeks out the most environmentally sound solutions to plastic waste reduction. PCX supports environmental protection with programs that improve livelihoods.

Issues we’re tackling

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Healthy Oceans, Healthy Planet

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Healthy Oceans, Healthy Planet

The oceans give us oxygen, regulate our climate, and are a major source of food and livelihood for billions. The oceans are the very foundation of life on Earth. Yet human activity has left them in a perilous state.

By preventing plastic waste from ending up in our oceans and waterways, we hope to not only reclaim historic waters but promote the protection of all global commons.

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Responsible

Waste Management

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Responsible Waste Management

Plastic Credit Exchange works to protect nature by partnering with companies who have a commitment to adopting environmentally forward waste management practices.

 

By commissioning stringent audits on all our operations, we do everything we can to promote the effective reduction and disposal of plastic waste with integrity.

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Livelihood Development

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Livelihood Development

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All our work focuses on ending plastic waste in ways that expand access to employment and livelihood opportunities.

 

By empowering individuals to participate in sustainable development and the protection of the environment through their work, our hope is to contribute to their well-being and the enjoyment of human rights.

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Women Empowerment

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Women Empowerment

Through our ‘Aling Tindera’ waste-to-cash program, we provide women with dignified work, all the while building their organizational, leadership, and business management skills.

 

We support our network of women micro-entrepreneurs by increasing their access to credit, professional training, and market information.

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The Plastic Credit Exchange Story

The story of the Plastic Credit Exchange began in the Philippine bottled water space under the brand Hope in a Bottle. HOPE commits 100% of its profit to the building of public school classrooms, in partnership with the Department of Education, and is the Philippines' first B Corp.

Not wanting to help solve one problem in education just to create another in the environment, HOPE embarked on finding a plastic neutral solution for its business. After bumping up against the various challenges confronting the space domestically, we found that taking our plastic footprint from post consumer sources and having environmentally compliant coprocessors use it as alternative fuel was the most practical, sustainable and scalable solution we could find.

Realizing that a small player in a low margin business could afford to be responsible for 100% of its plastic footprint through this process, we decided to share it publicly in case we could help other companies find their own paths to neutrality. The interest was immediate and overwhelming, prompting HOPE to establish an Exchange that would allow any company from anywhere to participate in being environmentally responsible by offsetting their own plastic footprints.

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A calling that hits close to home

At PCX, we understand the challenge of plastic waste. The Philippines produces over 2 million metric tons of plastic waste each year - 83% of this plastic is mismanaged, landing in dumps or open, uncontrolled landfills. As concerned citizens, we see this plastic waste impact our waterways, our streets, our environment, and our health. With over 7,107 islands and more than 18,000 km of coastline, we also see this plastic waste end up in our oceans.

 

According to a 2015 report by ScienceMag.org, the Philippines is the third largest contributor to ocean plastic in the world. As a team, we are passionately committed to reducing plastic for our country and for the world.

Following the success and learnings that allowed Hope in a Bottle to be Plastic Neutral, the Plastic Credit Exchange (PCX) was founded as a non-profit with the vision to replicate the concept of a "carbon credit" for plastic. Our goal is to build a rigorous, ethical, environmentally-sound marketplace that enables companies to purchase certified plastic credits to offset the plastic waste they cannot eliminate from their packaging and the plastic waste they've already put out into the world. This marketplace will be judiciously monitored by a board of trustees with backgrounds in environmental research, management and policy.

 
 

Executive Board

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Nanette Medved-Po

Nanette Medved-Po

Founder

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Nanette is the founder and chairwoman at HOPE. As an impact company, HOPE invests 100% of profits to improving public school education infrastructure, agriculture interventions for smallholder farmers, and environmental initiatives in both the plastic waste and carbon sequestration spaces. HOPE was awarded the grand prize at Developmental Social Enterprise Awards by Price Waterhouse Coopers, and was recognized globally as the Best New Brand and Best CSR by the Global Bottled Water Awards. HOPE became the first Certified B Corporation in the Philippines for meeting the highest standards of social and environmental transparency and accountability.

Nanette is also the founder of Plastic Credit Exchange, Inc. (PCX), the first non-profit plastic offset program globally that has built a community committed to seeking out the most environmentally sound solutions for plastic waste. PCX takes plastic pledges from companies around the world and provides ways to offset those footprints through credible post-consumer plastic removal and processing systems.

Nanette serves on the Board of Trustees of the WWF Philippines and on the Board of Directors of Winrock International in Virginia. She recently received the NGO Leadership Award and Social Innovation Leadership Award from the Philippines Leadership Awards. She was also honored as one of Forbes’ Heroes of Philanthropy.

Nanette graduated Summa Cum Laude with degrees in Finance and Entrepreneurship from Babson College in Massachusetts.

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Chris McNally

Chris McNally

Board Member

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Chris McNally is an Expert Partner with McKinsey & Company based in London. He has worked in the petrochemical and plastics industry for over 20 years across Asia, Europe and Africa, supporting companies with investment decisions, growth strategies and transformation. He now leads McKinsey’s work in chemicals sustainability, which focuses on improving sustainability of feedstocks, processes and end of life disposal. He also leads work in downstream oil & gas industry decarbonisation, particularly strategies and technologies for low carbon energy systems.

Chris holds MS degrees in Chemical Engineering from Cambridge University and in Refining from ENSPM, Paris and has an MBA from the London Business School. His published work includes “No time to waste: What plastics recycling could offer,” McKinsey & Company, September 2018 and “How plastics waste recycling could transform the chemical industry,” McKinsey & Company, December 2018

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Vince Perez

Vince Perez

Board Member

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Vincent is CEO of Alternergy, a renewable power company in Asia. He is Chairman of Merritt Partners, an energy advisory firm and was Board trustee of WWF International and Chairman of WWF-Philippines. Vince has over 30 years’ experience in finance working first with Mellon Bank and later as a Partner of Lazard Frères in London, New York and Singapore. He founded Next Century Partners, a private equity firm based in Singapore, and the Asian Conservation Company in the Philippines. Vince served as Philippine Minister of Energy and later as Vice Chairman of the National Renewable Energy Board. He has invested in various sustainable energy and eco-tourism ventures, and is a member of the advisory boards of BDO, Coca-Cola Philippines, Pictet Clean Energy Fund, Singapore Telemedia, and the Center for Business and the Environment at Yale University.

Vince holds an MBA from the Wharton Business School and obtained a degree in Business Economics from the University of the Philippines.

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Tony La Viña

Tony La Viña

Board Member

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Tony is a teacher, thinker, and lawyer. His legal and governance expertise includes climate change, biodiversity, biosafety policy, mining, energy, forestry, indigenous peoples' rights, community based natural resources management, consensus building and negotiations, social accountability, local government, legal philosophy, and public ethics. He is currently Dean of the Ateneo School of Government. Previously he was a Senior Fellow and researcher at the World Resources Institute (WRI). From 1996-1998, he was the Undersecretary for Environment and Natural Resources of the Philippines. Tony is also a lead negotiator for the Philippines in the climate change negotiations.

Tony obtained his Masters and Doctorate in Law from Yale Law School, his law degree from the University of the Philippines, and his Philosophy degree from the Ateneo de Manila university. In the 1989 bar examinations, he achieved 3rd place.

Advisory Board

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Joel Palma

Joel Palma

Advisory Board Member

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Mr. Jose Angelito M. Palma holds a BS in Fisheries (Major in Inland Fisheries) Degree from the University of the Philippines. He handled the turtle conservation initiatives of the Department of Environment and Natural Resources before joining the World Wide Fund For Nature (WWF)-Philippines as a Project Manager for the Turtle Islands in Tawi-Tawi. He was a Governance and Environmental Democracy Fellow at Wolverhampton University under the Chevening Scholarship program in 2007 before his appointment as Vice President for Conservation Programs.

Mr. Palma provided organizational directions and strategic interventions for both national and regional programs, including the Coral Triangle Initiative and the engagement of corporate partners. He designed and implemented the integration and linkage of national and regional programs, plus the organization’s contribution to the achievement of WWF Global Network’s meta-goals. He now serves as the President and CEO of WWF-Philippines.

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Jackie Espenilla

Jackie Espenilla

Advisory Board Member

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Jackie is a Senior Lecturer at the University of the Philippines College of Law. She concurrently serves as a Senior Researcher at the U.P. Institute for Maritime Affairs and Law of the Sea. Previously, she was a Senior Attorney at the Department of Justice, a legal consultant for the Asian Development Bank, and a consultant for the United Nations Development Program in the Philippines. Jackie completed a resident research fellowship at the United Nations Division for Ocean Affairs and Law of the Sea in Columbia Law School, and the University of Tokyo Faculty of Law. She was a non-resident WSD-Handa Fellow at Pacific Forum CSIS, a UN-Nippon Foundation grantee, and an intern at the International Tribunal for the Law of the Sea.

Jackie received her J.D. and B.A. from the University of the Philippines Diliman, and her LL.M. from Harvard Law School.

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Geraldine Acuña

Geraldine Acuña

Advisory Board Member

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Geraldine Acuña-Sunshine is president of the Sunshine Care Foundation for Neurological Care and Research (SCF), an international non-profit organization dedicated to finding innovative ways of delivering free clinical and neurological care to indigent patients in rural areas of Asia. In addition to providing medical care, SCF also funds and promotes the need for increased funding in neuroscience and brain research. A strong patient advocate, Geraldine’s work has facilitated international collaborations in the fields of medicine, public health, and science to find cures for rare neurodegenerative diseases, resulting in cross-collaborations among top scientists at Harvard, Yale, MIT, and other preeminent institutions worldwide.

For over a decade, Geraldine has also served as Senior Counsel in alternative investments for Bracebridge Capital, a fixed income hedge fund based in Boston with over $13 billion in assets under management. She serves on various boards including as Overseer on the Harvard University Board of Governors, co-President of the Harvard Club of the Philippines, Former Co-Chair of the Harvard College Fund Executive Committee, Member of the Massachusetts General Hospital President’s Council, and Member of the Dean’s Council of the Harvard Kennedy School. A resident of both Manila and Boston, Geraldine graduated with honors from Harvard College, a Master in Public Policy from the Harvard Kennedy School, and a Juris Doctor from Columbia Law School (where she also served as a member of the board and graduated as a Harlan Fiske Stone Scholar).

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DTI Philippines

DTI Philippines

Advisory Board Member

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Bureau of Trade Regulation & Consumer Protection - Department of Trade and Industry (DTI)

DTI is a prime mover of consumer welfare. It is committed to protecting the rights and interests of the consumers and is also committed to developing policies and programs aimed at sustaining the growth and development of the Philippine economy. Besides overseeing the effective implementation and enforcement of trade regulation and fair trade laws, the DTI provides protection to consumers through consumer education and information dissemination programs.

Information materials such as Consumer Alerts, Tips, and Advisories are regularly released and updated. It also provides a mechanism for the speedy resolution of consumer complaints. The Bureau is currently preparing guidelines to help consumer organisations develop and strengthen.

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Jennifer Brandon

Jennifer Brandon

Advisory Board Member

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Jenni got her PhD in Biological Oceanography at Scripps Institution of Oceanography in December 2017, focusing on the nascent field of marine microplastics. She is an expert in quantifying and identifying marine microplastics, and has developed multiple novel methods to identify the spatial and temporal ranges of microplastics and determine the age of plastics exposed to varying weathering conditions in the environment. She was the first to find microplastics in our temporal sediment record, and the exponential increase of microplastics she recorded from 1945-2009 closely correlates with the exponential increase in worldwide plastics production over that same time period.

She is also passionate about the world of science communication, having given hundreds of interviews and talks to all types of stakeholders, and was a college lecturer on communicating science to the public during my post-doc at Birch Aquarium.

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Cesar Purisima

Cesar Purisima

Advisory Board Member

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Cesar is a founding partner at IKHLAS Capital. He currently serves on the boards of the AIA Group, De La Salle University, Ayala Land, Universal Robina Corporation, and the International School of Manila. He is an Asia Fellow of Milken Institute and a member of Partners Group AG LIFE’s International Advisory Council, Sumitomo Mitsui Banking Corporation’s Global Advisory Council, and Singapore Management University’s International Advisory Council in the Philippines. From 2010 to 2016, Purisima was the Secretary of Finance of the Philippines and the Chair of the Cabinet’s Economic Development Cluster. He served as Finance Secretary in 2005 and Trade and Industry Secretary from 2004-2005. Under his leadership, the Philippines received its first investment-grade ratings. He was named Finance Minister of the Year seven times in six consecutive years by a number of publications, a first for the Philippines. Prior to government service, he was the Chairman & Country Managing Partner of the Philippines' largest professional services firm SGV & Co., and a member of the Global Executive Board and Global Practice Council of Ernst & Young.

Core Management Team

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Oliver Sicam

Oliver Sicam

Marketing & Strategy Director

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Oli has had over 20 years of experience in Brand Marketing, working in local, regional and global roles for the FMCG and QSR industries, with Unilever and Jollibee Foods. He now leads Marketing & Strategy for the HOPE group of impact organizations.

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Micaela Agoncillo

Micaela Agoncillo

Corporate Communications Manager

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Micaela is responsible for managing and implementing PCX’s communications strategy. Through her work, she elevates PCX to new business partners around the globe and deepens engagement with existing clients to ensure they get the best value out of their sustainability efforts. She leads the production of marketing materials for the organization, working with creatives and the media to tell the story of how PCX is making a difference.

Micaela holds a degree in BS Management with a major in Communications Technology Management from Ateneo de Manila University. She also completed courses on International Marketing in Institut Quimic de Sarria in Barcelona, Spain.

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Giorgino Naval

Giorgino Naval

Operations Manager

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Gino started in HOPE by establishing the classroom-building bottled water company's supply chain and procurement functions. He now leads the Operations of HOPE group of impact companies and is responsible for overseeing its supply chain management, manufacturing, procurement, quality, and systems functions. Before joining HOPE, he previously worked at Universal Robina Corporation's strategic and regional supply chain organization and at Magsaysay Shipping and Logistics' logistics solutions business unit. Gino holds a Bachelor's degree in Engineering Management from Mapua Institute of Technology.

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Meg Anne Santos

Meg Anne Santos

Sustainability Campaign Manager

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Meg is responsible for executing the company’s mission to be the pioneering plastic offset company in the region, if not globally. Her focus area is on developing new business opportunities and industry offset partners through linking them with the Exchange’s integrated platform. Prior to working with PCEx, Meg has worked for Nestle Philippines as Market Environmental Sustainability lead where she spearheaded market strategies on various sustainability initiatives on: zero waste to landfill, shifting to renewable Energy, and environmental compliance. Aside from her background in sustainability, she has also handled various leadership roles in production and operations handling strategic execution of innovation and renovation projects. Meg is a licensed chemical engineer, graduated cum laude from the Mapua Institute of Technology at Laguna.

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Ilusion Farias

Ilusion Farias

Impact Director

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Ilusion oversees all the non-profit community programs in her capacity as Managing Director of Friends of Hope, Inc. On top of managing the Education and Agriculture impact areas, she leads the team at the Plastic Credit Exchange building a strong network of women entrepreneurs who will become catalysts for environmental and economic progress in their respective communities. Ilusion has 9 years of experience in different sectors within the nonprofit environment. She worked for over 6 years as Executive Director in Guatemala where she organized and led initiatives with the City Garbage Dump community. During that time, she also founded and developed an NGO that provided sustainable economic and social programs for the women of these communities. Her vast experience has given her a deep understanding of the economic and social impacts of recycling programs for aggregators and specifically, women. She holds a Master’s in Public Administration from the Harvard Kennedy School of Government, Harvard University and a Master’s in International and Developing Economics from HTW- University of Applied Science in Berlin.

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Kia Ferrer

Kia Ferrer

Accounting Officer

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Kia is our in-house accountant. She has 5 years experience with exposure to various industries such as Audit, Retail and Non-Profit Organizations.

Kia ensures the company follows the current financial reporting standards as well as compliance to the different governing bodies. Kia is a graduate of Tarlac State University with a degree in Accountancy.

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Richard de Guzman

Richard de Guzman

Standards and Compliance Manager

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Richard is responsible for leading flagship projects and operations including coordination with various aggregators, materials recovery facilities and processing partners. Richard has a strong background in renewable energy and environmental management. Prior to joining the team, he provided consulting services to the Asian Development Bank on environmental safeguards for water supply and sanitation projects and as a geothermal research and development scientist in Energy Development Corporation, an integrated renewable energy company in the Philippines. He has presented technical papers in international conferences in Australia and Japan. Richard is a chemical engineer by background - graduated magna cum laude from the University of the Philippines - Diliman and has ranked 4th in his November 2011 professional licensure exam.

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Sophie Kuhlman

Sophie Kuhlman

Human Resources Manager

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Sophie has over 10 years of work experience in Human Resources, with exposure to various industries such as Executive Search, eCommerce, Banking & Finance, Advertising, Education, and Tech.

As our Human Resources & Admin Manager, she plays a critical role in building our team and enabling smooth operations of our organization. Sophie graduated with a Bachelor's Degree in Business at De La Salle University - Dasmariñas.

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Selena Ortiga

Selena Ortiga

Marketing & Strategic Comms Manager

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Selena is responsible for the development and management for the overall branding of PCX. She spearheads collaboration concepts and coordinates with strategic partners for both HOPE and PCX. She also serves as the team lead for all external corporate public relations, and coordination between external creative agencies as deemed necessary.

Selena graduated with a bachelor’s degree in BS Business Economics at the University of the Philippines, Diliman, and most recently finished her Masters in Business Administration (Leadership and Enterprise) at the University of Sydney, Australia.

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