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SYNETIQ Recognised for Going the Extra Sustainable Mile

SYNETIQ, an IAA, Inc. company (NYSE: IAA), has been awarded the CLAD Catalyst Award from the Carbon Literacy Project for their participation in Carbon Literacy Action Day.

 

SYNETIQ Recognised for Going the Extra Sustainable Mile p

The award recognises SYNETIQ’s commitment to tackling climate change through running multiple training sessions, establishing a training program for its parent company IAA, Inc. and for bringing Carbon Literacy to a brand-new location.

The first business in the vehicle recycling industry to become Silver Carbon Literacy accredited, SYNETIQ has demonstrated a long-held commitment to creating a climate-conscious culture across the organisation, and a willingness to share their knowledge with other businesses in the automotive industry.

“We are so proud to receive the CLAD Catalyst Award,” said Elisa Caton, Sustainability Manager at SYNETIQ. “Reducing emissions relies on every single person in an organisation to be aware of the carbon impacts of their choices and feeling motivated to take action. We’re not only committed to reducing our own emissions at SYNETIQ, but we’re also committed to bringing our clients and local businesses along on that journey to becoming Carbon Literate too.”

Emma Richards, Head of Project Development at The Carbon Literacy Project, said: 

“We are delighted to recognise SYNETIQ as one of the first-ever CLAD Catalyst Award winners. SYNETIQ has received this award in recognition of their catalytic delivery of Carbon Literacy – delivering training to the Senior Management of IAA, Inc., their international parent company – as part of the Carbon Literacy Action Day 2022. In training such a significant group, SYNETIQ are leading the way for a low-carbon culture not only within their immediate organisation, but by recognising and influencing those within their networks with a greater locus of change, maximising the impact of their training delivery. This award is well deserved and goes some way towards acknowledging SYNETIQ’s ambition and passion for tackling climate change. We are proud to work with SYNETIQ, and I’m excited to see how they continue to use their influence to create a cascade of change through Carbon Literacy learning and action.”

Ruth James, Automotive Sector Coordinator at The Carbon Literacy Project, said:

“SYNETIQ are always looking for ways to increase the reach of Carbon Literacy, inviting people from across the industry to join their training sessions. For CLAD 2022, they took this a step further and brought Carbon Literacy to the USA! Their drive to bring as many people as possible on their Carbon Literacy journey show true dedication and a real desire to make a difference in the industry. A shining example to everyone in automotive and beyond!”

 SYNETIQ has offered Carbon Literacy Training to all its colleagues since 2020. Forming part of the business’ sustainability strategy, Our Road to Tomorrow, the training educates learners on the climate impacts of everyday actions, allowing them to map their own carbon footprint and gain an understanding and motivation to reduce their personal and workplace emissions.

Alongside the training, the business has also identified focused workstreams to support its journey to net-zero. Initiatives include a transition to low-carbon transport and estate, and increasing circularity and waste reduction. Within 18 months of launching its strategy, the company has calculated the carbon savings through its supply of green parts for vehicle repair, introduced bespoke carbon certification for clients, installed solar panels at its flagship sites and continues to improve its end-of-life vehicle recycling rate.

About SYNETIQ 

SYNETIQ, an IAA, Inc. 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 www.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.

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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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