Safai Bank of India
Empowers individuals and communities to collect, deposit, and responsibly dispose of multi-layered packaging waste
About
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Since
2018
Safai Bank of India is an innovative initiative launched in 2018 by the Mumbai Sustainability Centre to tackle the growing problem of wrapper waste. F Read moreocusing on multi-layered packaging (MLP) — the most widely used packaging in FMCG products — Safai Bank offers an effective system to divert millions of waste items from landfills and littering. By mimicking the structure of a traditional bank, participants become "account holders," depositing clean wrapper waste at branches located in schools, residential areas, and workplaces. Branch coordinators ensure efficient collection, while the waste is responsibly processed in compliance with Waste Management Rules 2016. As a Section 8 non-profit, Safai Bank of India actively promotes sustainability by empowering communities to adopt eco-friendly practices, making sustainable waste management accessible and impactful for all stakeholders.
Action
The Safai Bank collects MLP wrappers and packaging materials through collection points at schools, colleges, commercial complexes and residential areas, where people can deposit plastic wrappers.
Cause Area
Sub Sector
Impact
Through its branches, the Safai Bank has prevented over 22 lakh wrappers and packets from entering landfills by collecting and sending them for co-processing in cement kilns.
Vision & Mission
The mission of Safai Bank of India is to divert millions of items of multi-laminated packaging waste from reaching dumping grounds of Indian cities.
Programs
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The Safai Program
This promotes sustainability by establishing Safai Banks in schools, residential complexes, and companies, enabling participants to deposit clean waste, such as wrappers. Functioning like a regular bank, it involves branches, account holders, and coordinators, fostering accountability and engagement. Collected waste is responsibly disposed of following the Waste Management. Initiated by the Mumbai Sustainability Centre, program simplifies sustainability adoption for diverse stakeholders, empowering communities to actively participate in waste management and environmental conservation.
Milestones & Track Record
As of 2020, Safai Bank had 186 branches across India, 415 account holders, and 164 bank coordinators collecting plastic waste.
Leadership Team
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Rishi Agarwal
Founder
Demographics & Structure
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No. of Employees
21-50
M&E
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Internal, External Assessors
No
Policies
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Ethics and Transparency Policies
No
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Formal CEO Oversight & Compensation Policy
No
Political & Religious Declarations
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On Affiliation if any
No
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On Deployment Bias if any
No
Registration Details
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FCRA
Not Available
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CSR Registration Number
Not Available
Other Details
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Type & Sub Type
Non-profit
Section 8 (formerly Section 25)