August 2025
Looking Ahead: Insurance as a Partner in Green Change
As the climate continues to shift, insurance companies are starting to reward businesses that prepare for risks and take green action. In the wooden pallet industry, that means:
Replacing older machinery with electric or energy-efficient models
Creating detailed disaster response and evacuation plans
Training employees to spot climate-related risks
Partnering with local fire departments and emergency planners
Investing in smarter, safer, and cleaner production systems
When a pallet company takes steps to reduce its impact on the environment, it often also reduces its exposure to risk. Insurance providers take notice of this. A company with a solid green plan may be seen as a lower risk and can sometimes negotiate better terms, lower deductibles, or even new types of coverage.
Final Thoughts
Climate change is here, and it’s reshaping how wooden pallet manufacturers do bus- iness. But with change comes opportunity. By adopting green practices, these companies can not only help the planet, they can also protect their workers, reduce damage, prevent lawsuits, and strengthen their digital defenses.
Best of all, they may find that their insurance coverage gets better – and more affordable – as a result.
WPM
Companies are increasingly adding cloud-based online services to support customers such as online ordering, core recovery information, onhand inventory, and more. Such practices increase cyber risk, resulting in the need for cyber insurance.