Standard Insurance’s ELV dismantling operations primarily handle vehicles insured under its portfolio, including those under Toyota Insure. With an average of 850 vehicles dismantled annually, the ELV facility is located in the company’s technical and training center in Naic, Cavite, the facility spans approximately 8,840 square meters and has a dismantling capacity of up to six units per day.

Backed by an investment of P 17.8-million, this initiative represents a major private sector involvement in appropriate vehicle life cycle management and circular economy.

End-of-Life Vehicle (ELV) dismantling facilities serve as a vital foundation for building a circular economy in the automotive industry. These facilities ensure that inoperable vehicles are processed responsibly, minimizing environmental impact by safely managing hazardous materials and maximizing resource recovery for reintroduction in the manufacturing cycle.

With two established dismantling facilities now operating in the country, the private sector beefs up the local capacity for responsible ELV management. This expansion not only supports local sustainability efforts, but also addresses the climate-related risks posed by ELVs globally.

“We are very grateful to Standard Insurance for its voluntary resolve, making Toyota customers also feel assured with a proper place for ELVs to go,” said TMP president Masando Hashimoto. “Our collective efforts are a clear testament to our long-term commitment to carbon neutrality and ‘Establishing a Recycling-based Society and Systems’ under the global Toyota Environmental Challenge 2050.”

The Toyota Global 100 Dismantlers Project is a worldwide initiative that seeks to establish proper ELV dismantling operations in different strategic locations around the world. Through this network, Toyota aims to address key environmental challenges such as pollution and resource depletion by promoting responsible disposal and recycling practices.