Partnering with the leading integrated vehicle salvage, dismantling and recycling company in the UK, for the procurement of environmentally sustainable parts, will allow esure to continue work on the decarbonisation of its supply chain.
The new agreement is the expansion of an existing partnership between esure and Synetiq which began in 2019, meaning esure policyholders will be playing their own part in reducing the CO2 impact of collision repair.
Last year alone, esure's repairer partners purchased over 3,300 green parts from Synetiq, saving over 79,000kg of CO2e. The new agreement will look to build on this throughout 2022 and beyond.
Green parts are used OEM, non-safety critical items - such as doors, engines, headlamps and tailgates - selected from Synetiq's comprehensive inventory. All items are cleaned, checked and graded based on condition, and held in stock before dispatch to repairer partners. Eliminating delay through supply chain issues, the use of green parts ensure customer vehicles are fixed faster and in a more sustainable way.
"This is a significant agreement and underlines the importance of working together to drive cost savings and reduce emissions," says Tom Rumboll, CEO at Synetiq. "Cutting the motor insurance industry's carbon footprint is a priority - as part of a successful integrated and circular model, Synetiq and esure will work side by side to maximise the environmental and financial potential of every vehicle."
Synetiq now handles over 60,000 salvage and end of life vehicles each year, recycling an average of 96.3% of each end-of-life vehicle it processes – surpassing EU legislative targets. Synetiq says its integrated model means it's perfectly placed to maximise the potential of all salvage or end of life vehicles – whether by safely harvesting reusable green parts, or as part of the compliant vehicle recycling process.