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SINGAPORE, Jan. 22, 2025 /PRNewswire/ -- PCX Markets, a marketplace for audited, traceable plastic waste recovery and responsible processing, today announced that it has been certified as a B Corporationâ„¢ (B Corpâ„¢), further recognizing the company's commitment to environmental and social responsibility.
B Corp is a global movement of over 9,400 pioneering companies across 105 countries that use business as a force for good, and includes trailblazers like Ben & Jerry's, Patagonia, Allbirds, and Coursera.
To become a B Corp company, PCX Markets underwent a rigorous assessment of every part of the business against five key impact areas: governance, workers, community, environment, and customers. Achieving B Corp Certification by the non-profit B Lab reaffirms PCX Market's deep commitment to transparency and accountability.
"The team at PCX is on mission to accelerate the transition to a circular economy, and build a future where no plastic waste ends up in nature. We are proud to have achieved B Corp certification, and incredibly excited to join this global movement of purpose-driven businesses," said Sebastian DiGrande, PCX Markets CEO.
The world has produced about 9 billion metric tons of plastic since the 1950s. Today, only 9% of plastic waste is recycled, 19% incinerated, and 72% is either landfilled, dumped, openly burned or ends up in the environment. Even if we were to reduce production from today's levels by 40% by 2050, the world would still produce another 11 billion tons that needs to be responsibly managed.
PCX Markets activates an ecosystem of partners who collect, transport and responsibly process plastic waste, while supporting the communities most impacted by the global plastic waste crisis with programs that improve livelihoods and scale social impact. Companies that want to complement upstream reduction efforts by funding downstream plastic waste recovery can purchase credits issued by projects battling plastic pollution. One credit cleans up one metric ton of plastic pollution. The impact is delivered immediately and verified by a third-party auditor.
PCX Markets, which is headquartered in Singapore, has enabled the clean up of over 108 million kilograms of plastic waste worldwide to date.
"As a B Corp in the sustainability sector, we're thrilled to be counted among businesses that are building an inclusive, equitable, and regenerative economy," said Nanette Medved-Po, Founder of PCX Markets.
ABOUT PCX
PCX is on a mission to accelerate the transition to a circular economy and build a future where no plastic ends up in nature.
PCX Markets is a fully transparent plastic credit marketplace for audited, traceable plastic waste recovery and responsible processing worldwide. Our marketplace activates an ecosystem of partners who collect, transport and responsibly process plastic waste, while supporting communities on the ground with programs that improve livelihoods and scale social impact. PCX Markets, which is headquartered in Singapore, has enabled the clean up of over 108 million kilograms of plastic waste worldwide.
About B Lab
B Lab is transforming the global economy to benefit all people, communities and the planet. A leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and we certify companies - known as B Corps - who are leading the way. To date, our community includes over 900,000 workers in over 9,400 B Corps across 105 countries and 160 industries. The B Impact Assessment is used by more than 150,000 companies to help measure, manage and improve their impact. To learn more and join the movement, visit www.bcorporation.net.
About Certified B Corporationsâ„¢
Certified B Corporations, or B Corpsâ„¢, are companies verified by B Lab to meet the high standards of social and environmental performance, transparency and accountability.
For press enquiries, contact marketing@pcxmarkets.com
SINGAPORE, Jan. 22, 2025 /PRNewswire/ -- PCX Markets, a marketplace for audited, traceable plastic waste recovery and responsible processing, today announced that it has been certified as a B Corporationâ„¢ (B Corpâ„¢), further recognizing the company's commitment to environmental and social responsibility.
B Corp is a global movement of over 9,400 pioneering companies across 105 countries that use business as a force for good, and includes trailblazers like Ben & Jerry's, Patagonia, Allbirds, and Coursera.
To become a B Corp company, PCX Markets underwent a rigorous assessment of every part of the business against five key impact areas: governance, workers, community, environment, and customers. Achieving B Corp Certification by the non-profit B Lab reaffirms PCX Market's deep commitment to transparency and accountability.
"The team at PCX is on mission to accelerate the transition to a circular economy, and build a future where no plastic waste ends up in nature. We are proud to have achieved B Corp certification, and incredibly excited to join this global movement of purpose-driven businesses," said Sebastian DiGrande, PCX Markets CEO.
The world has produced about 9 billion metric tons of plastic since the 1950s. Today, only 9% of plastic waste is recycled, 19% incinerated, and 72% is either landfilled, dumped, openly burned or ends up in the environment. Even if we were to reduce production from today's levels by 40% by 2050, the world would still produce another 11 billion tons that needs to be responsibly managed.
PCX Markets activates an ecosystem of partners who collect, transport and responsibly process plastic waste, while supporting the communities most impacted by the global plastic waste crisis with programs that improve livelihoods and scale social impact. Companies that want to complement upstream reduction efforts by funding downstream plastic waste recovery can purchase credits issued by projects battling plastic pollution. One credit cleans up one metric ton of plastic pollution. The impact is delivered immediately and verified by a third-party auditor.
PCX Markets, which is headquartered in Singapore, has enabled the clean up of over 108 million kilograms of plastic waste worldwide to date.
"As a B Corp in the sustainability sector, we're thrilled to be counted among businesses that are building an inclusive, equitable, and regenerative economy," said Nanette Medved-Po, Founder of PCX Markets.
ABOUT PCX
PCX is on a mission to accelerate the transition to a circular economy and build a future where no plastic ends up in nature.
PCX Markets is a fully transparent plastic credit marketplace for audited, traceable plastic waste recovery and responsible processing worldwide. Our marketplace activates an ecosystem of partners who collect, transport and responsibly process plastic waste, while supporting communities on the ground with programs that improve livelihoods and scale social impact. PCX Markets, which is headquartered in Singapore, has enabled the clean up of over 108 million kilograms of plastic waste worldwide.
About B Lab
B Lab is transforming the global economy to benefit all people, communities and the planet. A leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and we certify companies - known as B Corps - who are leading the way. To date, our community includes over 900,000 workers in over 9,400 B Corps across 105 countries and 160 industries. The B Impact Assessment is used by more than 150,000 companies to help measure, manage and improve their impact. To learn more and join the movement, visit www.bcorporation.net.
About Certified B Corporationsâ„¢
Certified B Corporations, or B Corpsâ„¢, are companies verified by B Lab to meet the high standards of social and environmental performance, transparency and accountability.
For press enquiries, contact marketing@pcxmarkets.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
PCX Markets Earns B Corp Certification
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LONDON, Feb. 26, 2026 /PRNewswire/ -- HBX Group (HBX.SM), a leading B2B travel technology marketplace, has today announced an extension of its long-standing partnership with Traveloka, Southeast Asia's leading all-in-one travel platform, to further strengthen collaboration and broaden the distribution of high-quality, locally contracted hotel content across the Asia-Pacific region.
Under the expanded agreement, signed during HBX Group's MarketHub Asia celebrated in Bali, Traveloka will integrate more than 40,000 hotels in APAC, with a strong focus on Indonesia, into HBX Group's supply ecosystem. This evolution builds on several years of a successful commercial and connectivity relationship in which HBX Group supplied inventory to Traveloka.
By deepening the partnership in both directions, the companies aim to unlock additional growth, improve availability and competitiveness in priority APAC destinations, and deliver better results for partners and customers worldwide.
"This is about strengthening a proven partnership to accelerate mutual growth," said Xabi Zabala, Chief Sourcing and Operations Officer. "By integrating Traveloka's extensive, locally contracted APAC portfolio into HBX Group's platform, we expand our regional coverage, diversify our supply beyond traditional chains, and bring more competitive, relevant content to our customers globally."
Tejveer Bedi Singh, VP of Commercial, Traveloka added, "Our partnership with HBX Group brings travellers closer to the heart of Asia-Pacific. Powered by the robustness of Traveloka's tech-enabled, digital-first platform, we ensure seamless integration and broader distribution with HBX Group, enabling more discovery, more choice, and more memorable journeys across APAC."
The decision to expand the partnership comes at a moment of strong performance and strategic alignment. Over several years of collaboration, HBX Group and Traveloka have achieved steady volume growth, improved content coverage, and stronger conversion rates thanks to the availability of localized, directly contracted inventory.
About HBX Group
HBX Group is a leading global B2B travel technology marketplace that owns and operates Hotelbeds, Bedsonline, The Luxurist, Roiback and Civitfun. We offer a network of interconnected travel technology products and services to partners including online marketplaces, tour operators, travel advisors, airlines, loyalty programmes, destinations, and travel suppliers.
Our vision is to simplify the complex and fragmented travel industry through a combination of cloud-based technology solutions, curated data, and a broad portfolio of products designed to maximise revenue. HBX Group is present in more than 170 countries and employs more than 3,500 people worldwide. We are committed to making travel a force for good, creating a positive social and environmental impact.
HBX Group International PLC (HBX.SM) is listed on the Spanish Stock Exchange, ISIN:GB00BNXJB679.
More information:
www.hbxgroup.com
HBX Group Media Contact
PR & Media Relations media@hbxgroup.com
Follow us: LinkedIn, Facebook, X, Instagram.
About Traveloka
Traveloka is Southeast Asia's leading all-in-one travel platform connecting millions globally with trusted, world-class experiences. Founded in 2012, Traveloka has operations in Australia, Indonesia, Japan, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. With over 140 million app downloads, Traveloka stands as one of the most popular travel apps in the region.
Traveloka Communications Team
pr@traveloka.com
LONDON, Feb. 26, 2026 /PRNewswire/ -- HBX Group (HBX.SM), a leading B2B travel technology marketplace, has today announced an extension of its long-standing partnership with Traveloka, Southeast Asia's leading all-in-one travel platform, to further strengthen collaboration and broaden the distribution of high-quality, locally contracted hotel content across the Asia-Pacific region.
Under the expanded agreement, signed during HBX Group's MarketHub Asia celebrated in Bali, Traveloka will integrate more than 40,000 hotels in APAC, with a strong focus on Indonesia, into HBX Group's supply ecosystem. This evolution builds on several years of a successful commercial and connectivity relationship in which HBX Group supplied inventory to Traveloka.
By deepening the partnership in both directions, the companies aim to unlock additional growth, improve availability and competitiveness in priority APAC destinations, and deliver better results for partners and customers worldwide.
"This is about strengthening a proven partnership to accelerate mutual growth," said Xabi Zabala, Chief Sourcing and Operations Officer. "By integrating Traveloka's extensive, locally contracted APAC portfolio into HBX Group's platform, we expand our regional coverage, diversify our supply beyond traditional chains, and bring more competitive, relevant content to our customers globally."
Tejveer Bedi Singh, VP of Commercial, Traveloka added, "Our partnership with HBX Group brings travellers closer to the heart of Asia-Pacific. Powered by the robustness of Traveloka's tech-enabled, digital-first platform, we ensure seamless integration and broader distribution with HBX Group, enabling more discovery, more choice, and more memorable journeys across APAC."
The decision to expand the partnership comes at a moment of strong performance and strategic alignment. Over several years of collaboration, HBX Group and Traveloka have achieved steady volume growth, improved content coverage, and stronger conversion rates thanks to the availability of localized, directly contracted inventory.
About HBX Group
HBX Group is a leading global B2B travel technology marketplace that owns and operates Hotelbeds, Bedsonline, The Luxurist, Roiback and Civitfun. We offer a network of interconnected travel technology products and services to partners including online marketplaces, tour operators, travel advisors, airlines, loyalty programmes, destinations, and travel suppliers.
Our vision is to simplify the complex and fragmented travel industry through a combination of cloud-based technology solutions, curated data, and a broad portfolio of products designed to maximise revenue. HBX Group is present in more than 170 countries and employs more than 3,500 people worldwide. We are committed to making travel a force for good, creating a positive social and environmental impact.
HBX Group International PLC (HBX.SM) is listed on the Spanish Stock Exchange, ISIN:GB00BNXJB679.
More information:
www.hbxgroup.com
HBX Group Media Contact
PR & Media Relations media@hbxgroup.com
Follow us: LinkedIn, Facebook, X, Instagram.
About Traveloka
Traveloka is Southeast Asia's leading all-in-one travel platform connecting millions globally with trusted, world-class experiences. Founded in 2012, Traveloka has operations in Australia, Indonesia, Japan, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. With over 140 million app downloads, Traveloka stands as one of the most popular travel apps in the region.
Traveloka Communications Team
pr@traveloka.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
HBX Group and Traveloka expand strategic partnership to deepen APAC supply and accelerate global distribution
