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PlasCred Circular Innovations completes registration with Verra for plastic credits trading verification

November 13, 2023
By Canadian Manufacturing

Presented by:
CMO

CALGARY — PlasCred Circular Innovations, a company in the plastic waste upcycling sector, has officially registered with Verra, the standard-setter for certifying greenhouse gas reductions and sustainable development benefits.

This registration kicks off the validation and verification process for PlasCred’s entry into the plastic credits trading market. Further reinforcing PlasCred’s global commitment to reducing plastic waste and enhancing circular economy practices.

“With PlasCred’s registration with Verra, we are beginning a process that will set a benchmark for accountability and innovation in the plastic credits market,” said Troy Lupul, President & CEO of PlasCred. “Our mission transcends the traditional approach to business profitability; it’s about embedding the circular economy into the fabric of the market. At PlasCred, we’re proving that environmental sustainability can drive profit. We are pioneering a path where the virtues of ecological stewardship become a powerful engine for economic success, ensuring a sustainable future for everyone.”

The validation and verification process facilitated by Verra is set to build the integrity of PlasCred’s processes, and when complete, will grant the ability to generate plastic credits.


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