SYNETIQ’s climate targets validated by Science Based Targets initiative

ILC ARTICLE

31st October 2024

SYNETIQ, an IAA company and one of the UK’s leading vehicle salvage, dismantling and recycling companies, has received validation of its greenhouse gas emissions reduction targets from the Science Based initiative in line with the company’s ambition to limit global temperature rise to 1.5°C above pre-industrial levels.

The targets apply to SYNETIQ’s direct operations, with commitments to reduce absolute scope 1 and 2 greenhouse gas emissions by 50.4% and scope 3 emissions by 58.1% per vehicle processed by 2032.

Helen Carling, Commercial Director of SYNETIQ, said, “Our commitment to environmental responsibility and our actions to limit climate change underpin our vision to lead our industry toward a more sustainable future. Having our targets validated by SBTi is a way to align our strategy with the latest science and provide us with a clear roadmap of action over the upcoming years and beyond.

“We’ve learned a lot on our journey so far, from establishing the embodied carbon in each vehicle part we reuse, to the carbon footprint of the salvage auction vehicles we sell on behalf of our clients.”