8 Award Winners Celebrated at ZSL London Zoo, Sharing In Prizes Totalling $530,000.
London, UK – September 11th, 2019 – A year long search for the recipients of the inaugural Transforming Lives Awards concluded Monday night with a gala reception held at ZSL London Zoo. After a full day of panel discussions, Alquity’s Future World Forum, winners found themselves surrounded by over 200 esteemed guests, in what was a night of celebration and discussion of positive change in the world.
“This event reminds why we built Alquity - to prove that there is a new way of doing business. One that equally aligns business and society’s interests so that they positively reinforce each other. I am excited to see what the future has in store for our first ever winners.” – Paul Robinson, Chairman, Alquity
These awards have been made possible through Alquity’s unique business model, where a minimum of 10% of revenues are donated to development projects in the regions they invest. Each of the 8 recipient organisations are excellent nonprofits and social entrepreneurs who are focused on UN Sustainable Development Goal 8: improving livelihoods, productive employment and decent work for all.
WINNER PROFILE - PLASTICS FOR CHANGE, INDIA, FOR-PROFIT
India generates an estimated 62 million tonnes of waste annually. Up to 4 million waste pickers sort and segregate recyclable waste and sell it further up the value chain. Waste pickers often hail from the most marginalized communities in urban spaces. Plastics for Change’s program revolves around strengthening the supply chain of waste management with regard to plastic waste and intervening to minimize exploitation of waste pickers. A fair price for the plastic collected by waste pickers is guaranteed. Also, the middlemen like scrap shop owners are incentivized on the goods they procure and the price they pay.