CooperVision Extends Partnership with Plastic Bank

CooperVision Extends Partnership with Plastic Bank and adds Vision Care Programme for Collectors

Collaboration Expands Support for People + Planet

To make an even greater impact on People + Planet, contact lens manufacturer, CooperVision has renewed its plastic neutrality partnership with Plastic Bank until the end of 2026. With this extension, the partnership has expanded to include a vision care programme to provide vision screenings and vouchers for complimentary eye exams and glasses for eligible Plastic Bank collection members in Indonesia, who are essential to CooperVision’s plastic neutral partnership with Plastic Bank.¹

In partnership with Plastic Bank, CooperVision funds the collection and recycling of ocean-bound plastic equivalent to the weight of plastic used across a range of its participating soft contact lenses, including the lens, blister and packaging components, that are sold and distributed across 27 countries throughout the Americas, Europe, and Asia-Pacific.^*2 To date, the effort has prevented the equivalent of more than 305 million plastic bottles from entering the oceans and, through the partnership extension,^†2 CooperVision expects to more than double the total impact of its plastic neutrality initiative with Plastic Bank by the end of 2026.^‡§3

Aldo Zucaro, Senior Director of Corporate Responsibility at CooperCompanies said: “As a global leader in contact lenses, CooperVision is committed to helping improve the way people see each day because it improves quality of life. Our collaboration with Plastic Bank now enables us to provide vision correction for qualifying collection members who are making a difference by removing plastic from the environment and oceans, which truly embodies our passion for supporting people and planet.”

By the end of 2026, hundreds of collection members in Indonesia will be eligible to receive vision screenings through the new vision care programme.¹

“At Plastic Bank, we envision a wasteless world and are committed to empowering communities and local entrepreneurs to end poverty,” said David Katz, Founder of Plastic Bank. “Collection members have limited access to basic eye care, and for many, this will be the first time they have received vision screenings and necessary vision correction. We know that vision impairment can affect quality of life, independence, and mobility. Working with CooperVision is not only bringing significant social benefits to our communities, but it is also bringing our vision of ending poverty to life.”

CooperVision is continuously working to minimise environmental impact and operate more sustainably around the globe as part of broader efforts across CooperCompanies to contribute to the United Nations’ Sustainable Development Goals (SDGs).

The expanded partnership coincides with the relaunch of CooperVision’s sustainability platform, with a focus on reducing its carbon footprint, removing waste from its processes, and reframing its relationship with plastic, including considering ways to make plastic better. At the centre of CooperVision’s sustainability platform is its commitment to design with intention and to embrace innovation as a means for caring for People + Planet.

CooperVision’s updated sustainability commitments are as follows:

We design – and continuously redesign – to reduce our carbon footprint;^{│¶** 7}
We collaborate and innovate, embracing our ingenuity to care for our planet and for each other;
We’re taking steps to conserve limited natural resources^{│†† 7} and are exploring ways to bring renewables into our manufacturing operations;^{‡‡§§ 7}
By starting to offset waste from our products and packaging that cannot yet be reclaimed, we’re taking strides to improve the well-being of our planet;⁷ and
We work with partners to collect our manufacturing waste, recapturing resources and giving them new life when possible.^||

“By simply prescribing and wearing CooperVision plastic-neutral contact lenses, eye care professionals and wearers are helping us in our commitment to sustainability—from our partnership with Plastic Bank, which focuses on improving communities through waste reclamation, to recovering and repurposing our own manufacturing waste, to sourcing responsibly,” said Zucaro.

Learn more about CooperVision’s sustainability platform at https://coopervision.co.uk/about-us/coopervision-sustainability

* Plastic used in participating CooperVision soft contact lens products is determined by the weight of plastic in the blister, the lens, and the secondary package, including laminates, adhesives, and auxiliary inputs (e.g. ink). The determination does not include plastic used during the manufacturing process for both these products and their packaging.

† CooperVision, through its collaboration with Plastic Bank, has enabled the collection and conversion of approximately 5.3M kg of plastic destined for waterways as of January 2024. Using Plastic Bank’s metric of 1kg of plastic equaling 50 standard 202mm bottles, that will be the equivalent of approximately 263.7M plastic bottles not reaching our oceans.

‡ Plastic Bank uses 1 kg of plastic equal to 50 bottles.

Through its collaboration with Plastic Bank, CooperVision plans to have supported the collection and conversion of approximately 10.8M kg of plastic destined for waterways by the end of calendar 2026. Using Plastic Bank’s metric of 1 kg of plastic equaling 50 standard 202mm bottles, that will be the equivalent of approximately 541M plastic bottles from reaching our oceans.

| Refers to continuous manufacturing process undertaken by CooperVision to reduce its Scope 1 and 2 carbon emissions.

¶ Carbon footprint is limited to Scope 1 and 2 emissions, defined as: Scope 1 emissions are direct emissions from owned or controlled sources. Scope 2 emissions are indirect emissions from the generation of purchased energy.

** CooperVision’s 2022 Environmental, Social, and Governance Report.

†† Natural resources are defined as, but not limited to, water, nitrogen, natural gas, and other organic compounds.

‡‡ Renewables are defined as materials or energies that can be sustained indefinitely because of inexhaustible supplies or new growth.