This work utilized an innovative and economical remediation method to convert inexpensive waste feedstock into extremely useful catalysts. The procedure centered on polyethylene (PE), an easily accessible substance, and effectively transformed it at a mild temperature utilizing a new solvothermal technique, which entailed the reaction of sulfuric acid with PE chains at 120 °C. Throughout this process, the polymer experienced a pivotal cross-linking stage, resulting in its conversion into carbon materials when exposed to temperatures above 500 °C. To improve the catalytic characteristics, platinum (Pt) was effectively integrated into the resultant carbon matrix using the existing impregnation technique. Further, the catalyst's physicochemical properties were thoroughly analyzed utilizing SEM, FTIR, and XRD techniques. After that, the catalyst's performance was thoroughly evaluated in several electrocatalytic reactions, such as methanol oxidation, oxygen evolution and reduction reactions, and hydrogen evolution. The results of this investigation reveal the impressive electrocatalytic ability of the Pt/C catalyst made from waste plastic. It was found to be comparable to the best commercially available Pt/C catalysts in all the reactions that were examined. This research not only demonstrates the possibility of using waste plastic for catalyst production, but also serves as the first documented example, based on successfully converting waste plastic bags into Pt/C through the conventional Liquid Phase Reduction (LPR) process. This novel method has great potential for sustainable and ecologically responsible catalytic applications.