Creating a color palette for a company that makes toys from recycled plastic, with a focus on kids, toys, ecology, and recycling, involves combining playful and vibrant colors with tones inspired by nature and sustainability. Here's a palette that embodies these concepts:

### 1. Sunshine Yellow
- **Hex**: 
                            
                            #FFD84C
                        
- **Description**: Bright and cheerful, evoking a sense of happiness and creativity, perfect for attracting children's attention.

### 2. Sky Blue
- **Hex**: 
                            
                            #7EC8E3
                        
- **Description**: Reflects the clear sky, providing a calm and trusting vibe, ideal for promoting a safe and friendly environment.

### 3. Grass Green
- **Hex**: 
                            
                            #4CAF50
                        
- **Description**: Symbolizes nature and the importance of recycling, connecting the toys to the earth in a child-friendly manner.

### 4. Recycled Grey
- **Hex**: 
                            
                            #9E9E9E
                        
- **Description**: Represents recycled materials, serving as a neutral base that complements the brighter colors in the palette.

### 5. Ocean Teal
- **Hex**: 
                            
                            #00897B
                        
- **Description**: Reminds of the ocean being kept clean by recycling efforts, adding depth and responsibility to the palette.

### 6. Earth Brown
- **Hex**: 
                            
                            #795548
                        
- **Description**: Grounds the palette with a sense of reliability and stability, echoing the eco-friendly mission of the company.

### 7. Coral Red
- **Hex**: 
                            
                            #FF7043
                        
- **Description**: Vibrant and energetic, this color brings a playful warmth, inviting engagement and exploration.

### 8. Blossom Pink
- **Hex**: 
                            
                            #F06292
                        
- **Description**: Soft and nurturing, adding a tender touch to the palette, perfect for toys aimed at younger children.

### 9. Sunshine Yellow (Light)
- **Hex**: 
                            
                            #FFECB3
                        
- **Description**: A lighter version of the Sunshine Yellow, offering versatility and brightness to designs, enhancing the playful aspects.

### 10. Lavender Purple
- **Hex**: 
                            
                            #B39DDB
                        
- **Description**: Encourages imagination and creativity, adding a whimsical flair that appeals to both boys and girls.

### 11. Mint Green
- **Hex**: 
                            
                            #C8E6C9
                        
- **Description**: Fresh and invigorating, this color promotes a calm learning environment, emphasizing the educational aspect of toys.

### 12. Sky Blue (Light)
- **Hex**: 
                            
                            #B3E5FC
                        
- **Description**: A softer echo of the Sky Blue, it brings a sense of serenity and boundless possibility, wrapping up the palette with a dreamy finish.

**Palette Description**: This color palette is designed to be vibrant and engaging for children, while also reflecting the eco-conscious values of a company that produces toys from recycled plastic. The combination of bright, playful colors with earthy, recycled tones creates a balanced and appealing aesthetic that promotes environmental awareness and fun.