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PCX receives pending B Corp status

Jun 17, 2022

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PCX is excited to announce that it has been awarded Pending B Corp Status from B Lab, the international non-profit network known for certifying and mobilizing B Corporations to enable positive global impact.

The status was awarded to PCX Singapore Pte Ltd (PCX Markets). This reflects the organization’s commitment to excellence in its mission to clean up 80 years worth of plastic waste and to prevent more from entering the environment.

“Achieving Pending B Corp is yet another example of our team’s commitment above and beyond our core mission of eliminating plastic waste from the environment by doing it the right way,” says PCX’s CEO, Sebastian DiGrande. “I could not be prouder of our team’s efforts to ensure we address every aspect of how we operate our business in a socially and environmentally transparent and responsible manner.”

B Lab was created in 2006 with the vision of an inclusive, equitable, and regenerative economy. Companies that meet their high standards of social and environmental performance, accountability, and transparency, become B Corp certified organizations. There are currently over 5,000 certified companies in over 70 countries and over 150 industries.

“PCX was born out of the desire to protect all stakeholder groups as we look to ensure plastic does not pollute nature. We look forward to completing the B Corp process and joining this important breed of companies who understand their potential to be a force for good – and be the change,” says Nanette Medved-Po, PCX’s Founder and Executive Chair.

PCX will now undergo B Lab’s full certification process, bringing the company a step closer to becoming an official B Corp.