One billion sheets of Closed Loop paper produced

Banner is delighted to announce that we have now produced over 1 billion sheets of 100% recycled Closed Loop paper.

Sales of Closed Loop paper have grown strongly since the launch of Banner’s innovative Closed Loop document destruction and paper recycling service. Closed Loop was originally developed in 2009 in response to a request from HMRC, and Banner is now the sole provider of Closed Loop services under the mandated Government Office Supplies Contract.  A number of government departments already use the contract including HMRC, Valuation Office, Ofsted, the Environment Agency and the Department for Business Innovation and Skills (BIS).

Managing Director, Richard Costin, said “We are delighted that Closed Loop is such a success and anticipate demand for Closed Loop to increase significantly during 2012. As all central government departments are adopting our Closed Loop solution it will considerably improve environmental performance in the UK.“

Over 2 million reams of Banner 100% recycled Closed Loop paper has now been manufactured with genuine environmental benefits. Closed Loop production equates to a saving of 86,000 trees; a reduction in CO2 emissions of 3,373 tonnes; a reduction in energy consumption of 40.6 million kilowatts; and a reduction in water consumption of 226 million litres.