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Ageas Champions Green Car Parts in Vehicle Repair

Ageas, a prominent insurance company, shared insights with ATF Professional on the increasing adoption of green car parts. As pioneers in this eco-friendly shift, Ageas continues to champion collaboration and innovation, significantly reducing carbon footprints through sustainable repair practices. Their efforts underscore the importance of a circular economy and highlight the broader impact of green initiatives in the insurance sector.

 

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Growing Adoption of Green Parts

Ageas was at the beginning of the change in attitude to using green car parts, and we are continuing to look at more ways to encourage customers and suppliers to reduce our collective carbon footprints by using green car parts, helping our circular economy and repair over replace strategy.

Collaboration in Vehicle Recycling

Ageas has seen year-on-year growth in the uptake of green car parts in 2023, and that trend is set to continue in 2024. In 2023, by using green car parts on vehicle repairs, Ageas helped to save 539 tonnes of CO2 emissions from the manufacture of new parts. By supporting our network, we see all gains in the reduction of CO2 as a key part of our day-to-day operations.

Sustained Commitment to Green Repairs Across the Ageas Network

Aside from this empirical evidence of the continued success of green car parts, we can also judge our success by the continued high level of commitment to sustainable repairs that we continue to enjoy from our network of solution centres.

Strengthening Partnerships for Sustainable Vehicle Repairs

This success is due to the strength of our partnerships with suppliers, where collaboration on our circular salvage solution is vitally important. This partnership goes far wider than green car parts and repairing vehicles; it includes introducing solution centres to emerging sustainable solutions, including number plate recycling and expert repair over replace training. All of which ultimately allows for vehicle repairs to be carried out in a more sustainable way.

Ageas Champions Green Car Parts in Vehicle Repair p

Find out more about Ageas at www.ageas.com

 

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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