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SYNETIQ CEO Recognised at South Yorkshire Sustainability Awards

Tom Rumboll, CEO of SYNETIQ, an IAA company (NYSE: IAA), has been named Business Leader of the Year at the South Yorkshire Sustainability Awards. The awards recognise organisations and individuals who are pioneering activity to reduce their environmental impact in South Yorkshire and across the UK. The ceremony was the culmination of a campaign throughout the region which highlighted, inspired and motivated the wider community to start their own journey to take meaningful climate action.

 

SYNETIQ CEO Recognised at South Yorkshire Sustainability Awards f
Tom Rumboll (centre)

Tom commented:

“I feel really honoured to have been named Business Leader of the Year at this year’s South Yorkshire Sustainability Awards. I passionately believe in circular business models, and I’m hugely proud every day to work with our fantastic SYNETIQ team, who are setting the standard for the vehicle recycling industry.”

SYNETIQ recycle a staggering 96.3% of every vehicle they dismantle, and are now able to calculate the specific carbon savings that their supply of green parts – used OEM, non-safety critical items – such as doors, engines, headlamps and tailgates – can offer.

Under Tom’s leadership, SYNETIQ is committed to ensuring that its business remains at the forefront of a changing industry landscape and drives the industry forward in collectively achieving net-zero emissions.

Passionate and committed to decarbonising the automotive supply chain, Tom has led SYNETIQ by example to create a low-carbon culture across the organisation, having been one of the first colleagues to undertake Carbon Literacy Training. He has subsequently become a vocal advocate for the Carbon Literacy Project, championing the organisation to the wider world.

During COP26, as part of the Carbon Literacy Action Day in November 2021, Tom personally delivered training to two of five training groups in the automotive industry and businesses in SYNETIQ’s local communities.

About SYNETIQ

SYNETIQ, an IAA company (NYSE: IAA), is the largest integrated salvage, dismantling and vehicle recycling company in the UK, formed to become the most innovative and trusted business in the industry.  An integrated, data driven and innovative business, SYNETIQ has led the way in raising industry standards and continually innovates ways of working, to deliver great value, ensure complete compliance and a positive experience.

SYNETIQ is proud to have major household names in its portfolio, including insurers, accident management companies, fleets, police forces, logistics companies, vehicle repair body shops, and remanufacturers.  With cutting edge data and software solutions, multiple sites, a specialist vehicle recovery fleet and over 500 dedicated UK-based employees, customers and clients trust SYNETIQ to create bespoke solutions to deliver the maximum benefit for their business. Its primary goal is to understand client and customer needs, delivering the right solution, first time.

For more information about SYNETIQ, visit SYNETIQ.co.uk

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

e2e awards logo

e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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