PureCycle Technologies, Inc..
PCT.US | Materials recovery
PureCycle Technologies, Inc. focuses on recycling waste polypropylene (PP) into virgin-like resin. The company has developed a recycling process that separates color, odor, and other contaminants from recycled feedstock, resulting in virgin-like PP for a range of applications. PureCycle Technologies...Show More
Better Health for All
0
Insufficient evidence to determine a value score for PureCycle Technologies, Inc. regarding Better Health for All. No articles or relevant information found. A neutral score of 0 is assigned.
Materiality Analysis: Company Summary (75-100 words): PureCycle Technologies, Inc. focuses on recycling polypropylene (PP) waste into ultra-pure recycled PP resin (PureFive). Their process removes contaminants, aiming to create a product comparable to virgin resin. The company targets applications in consumer product packaging, textiles, and plastic components across various industries. PureCycle's core business revolves around transforming plastic waste into a reusable material, addressing plastic pollution. They are based in Orlando, Florida, and were founded in 2015.
Peer Comparison (50-75 words): Compared to traditional plastic manufacturers, PureCycle's business model is more aligned with environmental sustainability. Other recycling companies may focus on different materials or less intensive purification processes. PureCycle aims for a higher-quality recycled PP, potentially exceeding industry standards for recycled plastics in terms of purity.
Materiality Assessment (1-2 clear sentences): PureCycle's business model has a neutral relationship to the "Better Health for All" value, with a low level of materiality. While not directly involved in healthcare, their activities could indirectly influence public health through reduced environmental pollution from plastics.
Detailed Rationale (150-200 words): PureCycle's core business of recycling polypropylene does not directly improve healthcare access, develop medical treatments, or promote wellness programs. However, reducing plastic waste can indirectly contribute to better public health by mitigating environmental pollution. Plastic pollution can lead to health problems through contaminated water sources, microplastic ingestion, and air pollution from incineration. By creating a market for recycled PP and reducing reliance on virgin plastics, PureCycle could contribute to a cleaner environment and potentially reduce these indirect health risks. However, the link is tenuous and depends on the scale of their impact on overall plastic waste reduction and the extent to which their recycled PP replaces more polluting alternatives. The company's activities are primarily focused on environmental sustainability rather than direct health interventions.
Value Interaction Notes (if applicable, 25-50 words): PureCycle's activities are more directly linked to "Planet-Friendly Business." Improvements in environmental sustainability may have secondary, indirect effects on public health, creating a weak link to "Better Health for All."
Scoring Boundary Flags (if applicable, 25-50 words): Scores above 3 are not logically plausible. The company's connection to health is too indirect to warrant a high score. A score of 1 or 2 is more appropriate.
Fair Money & Economic Opportunity
0
PureCycle Technologies, Inc. is described as a company focused on recycling waste polypropylene into virgin-like resin, licensing its technology, and operating recycling facilities.
1
The provided articles detail its plant construction, processing capacity, investment, and job creation. There is no evidence in any of the articles to suggest that PureCycle Technologies, Inc. operates as a financial institution or offers any lending, deposit, insurance, or other financial services to consumers or businesses. Therefore, all Key Performance Indicators (KPIs) related to 'Fair Money & Economic Opportunity' are not applicable to the company's core business as described in the evidence.
Fair Pay & Worker Respect
30
In 2024, PureCycle Technologies reported a CEO-to-median employee pay ratio of 29:1.
1
The company's voluntary employee turnover rate was less than 10%.
2
Fair Trade & Ethical Sourcing
0
No evidence available to assess PureCycle Technologies, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-40
PureCycle Technologies, Inc. settled a class-action lawsuit in May 2024 for $12 million, related to allegations of misleading statements to shareholders and violations of federal securities laws.
1
The company had one financial restatement in June 2021 for its 2020 audited financial statements due to a misapplication of accounting guidance for warrants.
2
A formal Whistleblower Protection and Non-Retaliation Policy, effective March 17, 2021, is in place, which includes a confidential ethics and compliance hotline and permits anonymous reporting.
3
The policy outlines reporting channels and explicitly prohibits retaliation.
4
The company has a zero-tolerance policy for bribery, corruption, extortion, and embezzlement, with monitoring and enforcement procedures to be implemented, but there is no evidence of enforcement or training details.
5
Kind to Animals
0
No evidence available to assess PureCycle Technologies, Inc. on Kind to Animals.
No War, No Weapons
0
The company's primary business is recycling waste polypropylene into virgin-like resin, which is a civilian, environmentally focused activity.
1
No evidence was found in the provided articles to suggest any involvement in arms manufacturing, military contracts, or conflict facilitation. Therefore, all KPIs related to defense activities, dual-use technologies, sales to embargoed regimes, peacebuilding investments, conflict divestment, board oversight of defense, export controls, lobbying on arms control, AI military safeguards, ATT compliance, or war-risk audits are omitted due to a lack of specific, concrete data points.
2
While the company's Supplier Code of Conduct mentions expectations for suppliers regarding conflict minerals, it does not provide a quantifiable percentage of the supply chain certified conflict-free, leading to the omission of that KPI as well.
3
Planet-Friendly Business
0
No quantitative data or specific facts relevant to any of the Planet-Friendly Business KPIs were found in the provided articles. All articles explicitly state that they contain no relevant data for assessment.
1
Respect for Cultures & Communities
0
The provided articles do not contain specific, concrete data points for any of the KPIs related to 'Respect for Cultures & Communities'. Information regarding formal partnerships with indigenous or local community groups, revenue reinvested in local development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license to operate, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural training completion is not available.
1
Safe & Smart Tech
0
No specific, concrete evidence was found in the provided articles to assess PureCycle Technologies, Inc. against any of the 'Safe & Smart Tech' KPIs. The articles discuss general cybersecurity threats and vulnerabilities in other industries (e.g., water sector, Colonial Pipeline)
1
and provide financial and operational details for PCT.US
2
, but do not contain information regarding the company's specific data protection, cybersecurity practices, AI ethics, or related incidents.
Zero Waste & Sustainable Products
-30
PureCycle's core product, PureFive™ resin, is explicitly stated to be recyclable and reusable multiple times, forming the basis of their business model to create a continuously renewable resource from polypropylene plastic waste.
1
The company's PureZero program aims for a closed-loop circular economy, enabling recycled plastic to be reused in the same product, indicating circular design as standard practice.
2
However, PureCycle's Ohio plant is projected to be a high-volume producer of hazardous waste, according to state environmental regulators.
3
The company has a PureZero program that includes educational campaigns to engage communities and customers in recycling efforts.
4
PureCycle earned GreenCircle's Recycled Content Certification in June 2025, but no facilities are mentioned as having zero waste certification.
5
No specific waste reduction targets or timelines are mentioned, nor are details provided on the number or effectiveness of waste reduction initiatives beyond the general mission.
6