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SYNETIQ & Zurich partner to reduce CO2 impact of vehicle repair

The UK’s leading integrated salvage, dismantling and vehicle recycling company is proud to announce a new green parts partnership with Zurich Insurance UK.

 

SYNETIQ & Zurich partner to reduce CO2 impact of vehicle repair p

The leading global insurer is the latest to entrust SYNETIQ with the sustainable and compliant supply of reusable green parts – allowing Zurich to eliminate the CO2 emissions created by the manufacture of new items. 

Through the supply of green parts, SYNETIQ has avoided over 5.5 million kilos of CO2 during the last two years.

For Zurich, a compelling factor of the new client partnership was SYNETIQ’s ongoing sustainability roadmap, Our Road to Tomorrow – a longterm project which includes a study into SYNETIQs Carbon footprint, as well as the precise CO2e savings that can be achieved using green parts.

Green parts are Original Equipment (OE), non-safety critical items – such as doors, headlamps and tailgates – selected from SYNETIQ’s comprehensive inventory. All items are cleaned, checked and graded based on condition, and are procured through SYNETIQ’s automated digital platform, mygreenparts, which provides real-time data and insight on environmental and financial savings.

David Nichols, Zurich’s Chief Claims Officer, said: 

“Green parts are a more sustainable way to repair components that are non-safety critical. By extending the life of parts that would otherwise be scrapped, we can reduce harmful carbon emissions while continuing to offer our customers high quality repairs.  This partnership reflects our wider commitment to embed sustainability across our business, and we very much look forward to working with SYNETIQ.”  

SYNETIQ & Zurich partner to reduce CO2 impact of vehicle repair NL
Neale Laker

Neale Laker, Green Parts Director at SYNETIQ said: 

“We’re thrilled to be working with Zurich as we join them in their green parts venture and embark on a joint sustainability journey. 

Green parts play an important role in helping us all become more sustainable and to help to reduce the motor insurance industry’s carbon footprint. 

Figures from a recent study carried out on our own parts procurement platform showed that in the past two years alone, the CO2 emissions saved as a result of using SYNETIQ green parts are enough to power 1000 homes for a year.  

At SYNETIQ, all our green parts conform to BS10125 making them perfectly fit for reuse which in turn, reduces waste and the need for unnecessary manufacturing – resulting in a positive environmental impact. 

As well as the green credentials, there are a number of other benefits.  By adopting used OE parts, vehicles receive a like-for-like replacement – supplying parts from the exact same make and model. This stacks up well against sourcing a more expensive and less environmentally friendly brand-new equivalent or an aftermarket non-genuine part that may be of lower quality.    

We’re excited to be given this opportunity to work alongside an industry-leading insurer and to provide a quality green parts service which will not only produce efficiency and cost savings but will heavily contribute towards their own sustainability commitments.” 

With the largest and most diverse stock of green parts for most vehicles in the UK, bodyshops, fleet and insurance companies not only save the environment and money, but also time. SYNETIQ’s stock management systems and rapid delivery mean that vehicle down-time is minimised, getting vehicles back on the road faster, for less.

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.