The Construction Products Association (CPA) has welcomed The Pallet LOOP to its membership in a move to support the transition to a sustainable future for pallet usage. The Pallet LOOP, which launched earlier this year, is the sector’s first ever circular economy, carbon net zero, pallet reuse scheme. The Pallet LOOP is set to transform the way building materials move throughout the construction industry supply chain.
Centred around the principles of ‘recover, repair and reuse’, The Pallet LOOP aims to eliminate pallet waste in the construction sector by incentivising pallet returns via a deposit-based system. It is estimated that widespread adoption of The Pallet LOOP across the construction sector could lead to a 75% reduction in timber usage and 40% drop in CO2 emissions.
CPA chief executive Peter Caplehorn, said: “It’s wonderful to see companies like The Pallet LOOP step up to the challenge presented by the climate emergency and put circular economy principles at its heart. It’s clear from government that the decade ahead will be one of transition as we move towards a decarbonised economy based on a “reduce, reuse, recycle” model for resources. I’m delighted to welcome The Pallet LOOP to the CPA and look forward to their contribution to our sustainability work.”
Nathan Wride, head of partnerships & innovation at The Pallet LOOP, said: “It’s an exciting time for the team at The Pallet LOOP as we ready ourselves for the nationwide roll out of our green pallets in Q2 2022. We officially launched our business in early November – during COP26 – and have been overwhelmed by the response we have received. Across the construction industry supply chain, there is a real commitment to engage with The Pallet LOOP and embrace a circular economy pallet solution that will be better for business and the planet. Every year more than 18 million pallets are manufactured and distributed throughout the UK construction industry, but less than 10% are currently reused. The Pallet LOOP will change this, ensuring pallets aren’t skipped or scrapped when they reach their destination but instead are used again and again.”