An excavator fitted with a hydraulic shear attachment dismantles an end-of-life vehicle at Standard Insurance’s ELV (End-of-Life Vehicle) dismantling facility

An excavator fitted with a hydraulic shear attachment dismantles an end-of-life vehicle at
Standard Insurance’s ELV (End-of-Life Vehicle) dismantling facility
Standard Insurance Co., Inc. is the second model End-of-Life Vehicle (ELV) dismantling plant in the Philippines that is officially endorsed by Toyota Motor Philippines Corporation (TMP) as part of the “Toyota Global 100 Dismantlers Project.”
With an average of 850 vehicles destroyed every year, Standard Insurance’s ELV dismantling activities largely deal with automobiles covered under its portfolio. The 8,840-square-meter facility, which is part of the company’s technical and training center in Naic, Cavite, can disassemble up to six (6) units every day.
Backed by an investment of PHP17.8 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.
Standard Insurance bolsters the Toyota Global 100 Dismantlers Project being the fifth on its list in the Southeast Asian region.
“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,” Hashimoto added.
The goal of the global Toyota Global 100 Dismantlers Project is to set up appropriate ELV dismantling operations in several key global locations. By encouraging appropriate disposal and recycling methods, Toyota hopes to address major environmental issues including pollution and resource depletion through this network.

TMP President Masando Hashimoto (right) hands over the plaque and certificate of endorsement to Standard Insurance Group Chairman Ernesto Echauz (center) and Standard Insurance-Technical Training Center Corporate Executive Officer and General Manager Joselito Lazaga.
Following En Tsumugi ELV Dismantler Corporation, the first ELV dismantle factory Toyota approved in September 2024 in Mexico, Pampanga, Standard Insurance has been a partner in TMP’s “Toyota Insure” program from 2021.

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