In line with the Nissan Green Program 2016, the company's mid-term environmental plan, the carmaker has been working to improve its end-of-life vehicle (ELV) recycling to achieve a top-level recovery rate in Japan.
01 Jun 2016 | 3513 Views | By Autocar Professional Bureau
Nissan has announced the results of its vehicle recycling and recovery in Japan for FY2015. In line with the Nissan Green Program 2016, the company's mid-term environmental plan, the carmaker has been working to improve its end-of-life vehicle (ELV) recycling to achieve a top-level recovery rate in Japan.
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Nissan has announced the results of its vehicle recycling and recovery in Japan for FY2015. In line with the Nissan Green Program 2016, the company's mid-term environmental plan, the carmaker has been working to improve its end-of-life vehicle (ELV) recycling to achieve a top-level recovery rate in Japan.
The company’s Automobile Shredder Residue (ASR) recovery rate was 98.0%*1 in FY2015—the 10th consecutive year that Nissan has exceeded the 70% target of the Japan Automobile Recycling Law. The ELV recovery ratio was 99.6%*3.
In the same period, the recycling ratio for airbag-related products was 93.3% (97,075 tons of the 99,063 tons of ASR collected from 458,492 vehicles) , exceeding the legal requirement of 85%. Nissan also processed a total of 114,696 kg of fluorocarbons (collected from 427,717 vehicles).
The cost of recycling these materials was 4,847,211,302 yen (Rs 252 crore). Recycling fees and income generated from the vehicle-recycling fund totaled 5,608,497,414 yen (Rs 291.64 crore), contributing to a net surplus of 761,286,112 yen (Rs 39.58 crore). From FY2004 to FY2015, the net surplus was 4,532,526,069 yen (Rs 235 crore), equivalent to 720 yen per vehicle (Rs 374). For the mid- and long-term, Nissan expects recycling costs to stabilise.