Foundation Details

Organization Name & Legal Entities

Foundation Name: Stichting The Ocean Cleanup
Foundation Name (English): The Ocean Cleanup Foundation
Chamber of Commerce number (KvK): 57262632
RSIN fiscal number (Dutch tax file number): NL8525.06.429B01

 

The work of The Ocean Cleanup Foundation is organised into the following legal entities:

The Ocean Cleanup Technologies B.V.
Delft, The Netherlands
KvK: 67149308
RSIN/BSN: NL8568.50.627B01
The Ocean Cleanup Interception B.V.
Delft , The Netherlands
KvK: 67171842
RSIN/BSN: NL8568.60.372B01
The Ocean Cleanup Operations B.V.
Delft, The Netherlands
KvK: 67171656
RSIN/BSN: NL8568.60.293B01
The Ocean Cleanup Projects B.V.
Delft, The Netherlands
KvK: 67171699
RSIN/BSN: NL8568.60.311B01

 

Contact Information

Postal Address
The Ocean Cleanup
De Torenhove
Martinus Nijhofflaan 2, 18th floor
2624 ES Delft
The Netherlands
Email : Visit our contact page to get in touch per email
Website: www.theoceancleanup.com





Mission

The Ocean Cleanup is aimed at environmentally friendly, large-scale and efficient removal of plastic pollution from aquatic ecosystems, while increasing awareness by simultaneously communicating this process intensively.

The Ocean Cleanup develops technologies to prevent, extract and intercept plastic pollution. The Ocean Cleanup’s goal is to fuel the world’s fight against oceanic plastic pollution, by initiating the largest cleanup in history.

Currently, most initiatives to combat plastic pollution have been undertaken on a small scale, where the order of priorities has been as follows: first focus on prevention, then look at infrastructural interception techniques, and finally, in the distant future, clean up what is already trapped in the oceans.

 

 

 

The Ocean Cleanup’s “master plan” literally turns this strategy around. By starting with the development of the largest clean-up in history, it is possible to use the R&D to develop spin-off concepts for plastic interception; and, by making the problem visible, it becomes possible to raise preventive awareness on an unprecedented scale.

 

Basic Principles

Transparent

The Ocean Cleanup strives to maintain full transparency of its activities and expenditures. This includes the publication of annual statements, balance sheets and regular updates on this website.

Open-source

Since a successful outcome of the project is in the interest of the common good, and the project is financed by charitable giving, The Ocean Cleanup believes created intellectual property and research results should be available to everyone, unless protection is in the interest of the project’s outcome.

Entrepreneurial

Building a business isn’t the primary goal—the primary goal is to clean the oceans. However, The Ocean Cleanup believes running the organization like a business is the most efficient method to reach the primary goal and to ensure long-term financial continuity. This principle is reflected in the way the organization is being run, in which the focus is key, delivering real-life prototypes have highest priority, and a core team of the brightest minds is responsible for making it happen. 

Science-based

The Ocean Cleanup will always strive to communicate the most recent figures and insights that have their origins in peer-reviewed publications. Our scientists and engineers prefer to publish new discoveries through formal peer review in scientific journals (depending on urgency, size and nature of the publication), and will always welcome critical feedback. Scientific advisors further help ensure the scientific quality of the work.

Prevention + Cleanup

The Ocean Cleanup acknowledges that, in order to ensure long-term elimination of the oceanic plastic pollution problem, combining extraction with prevention is key. The scope of The Ocean Cleanup is to develop technologies to clean up plastic pollution, but by doing so, The Ocean Cleanup makes the problem visible, thereby also contributing to preventive efforts. When applicable, The Ocean Cleanup will always stress the importance of combining the two.

 

Governance

The foundation has an Executive Director who leads the management team. Together they manage the foundation.

In line with the usual two-tier system in The Netherlands, executive management is separated from the non-executive, supervisory, role. The Supervisory Board consists of at least three persons. The members of the Supervisory Board are challenging management on the major decisions (to which they have to agree before these can be implemented), and perform a role as sounding board as well.

 

Remuneration Policy

The members of the Supervisory Board are not entitled to any remuneration. They are, however, entitled to ask for reimbursement of reasonable costs (like travel expenses).

The Remuneration Policy for executive management and employees is under review. Until a revised policy has been agreed, the current situation of 'way below market rates remuneration' continues. Intrinsic motivation to work on our ambitious and meaningful goal is, and will continue to be, the major factor driving people to join The Ocean Cleanup.

 

Financials

Annual Report 2013
Annual Report 2014
Annual Report 2015
Annual Report 2016