Highlights:
* CDP names
* Ford is in the midst of an
* Ford aspires to power all its manufacturing plants globally with 100-percent renewable energy by 2035
'Our people, our customers and our investors expect us to constantly do more to address climate change,' said
'We believe making great vehicles, protecting the planet and maintaining a strong business are dependent on each other and not mutually exclusive priorities.'
'Climate change is an undeniable?business risk if unaddressed and we must transition to a low-carbon economy now to avoid the worst impacts,' said Sarda. ''A List' companies know sustainability presents an exciting race to the top, an opportunity to innovate and rethink business as usual, proving that environmental responsibility simply makes good business sense.'
Ford's commitment to reduce CO2 emissions consistent with guidelines in the Paris Climate Accord includes investing more than
In 2017, Ford said it had reduced carbon dioxide emissions from manufacturing operations by 30 percent per vehicle produced - eight years earlier than planned when the goal was set in 2010.
Building on that success, Ford announced a new global Carbon Reduction Strategy for manufacturing, with a significant emphasis on renewable energy and a continued focus on low-emission sources and energy efficiency. Ford has set an aspirational goal to run all its manufacturing plans globally on 100-percent renewable energy by 2035.
CDP is a global environmental impact nonprofit, and its annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2019, more than 525 investors with assets in excess of
A detailed and independent methodology is used by CDP to assess these companies, allocating grades of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks. CDP also encourages companies to demonstrate best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don't disclose or provide insufficient information are given a failing grade.
To learn more about Ford's sustainability performance, data and reporting, please visit sustainability.ford.com.
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