Commercial, GHG Emissions - June 25, 2020
Ford Motors sets target for carbon neutrality by 2050
Ford Motor Company announced June 24 that they are ramping up their climate change goals and intend to be carbon neutral globally by 2050 and power all manufacturing plants with 100% locally sourced renewable energy by 2035.
The automaker intends to achieve this goal by focusing on three areas that account for 95% of their carbon emissions: vehicle use, supply base and company’s facilities. The company is pursuing their carbon targets in line with the Paris Climate Agreement and is also working with California for stronger vehicle greenhouse gas standards.
“We can develop and make great vehicles, sustain and grow a strong business and protect our planet at the same time – in fact, those ideals complement each other,” Bob Holycross, vice president, chief sustainability, environment and safety officer, said in a statement. “We don’t have all the answers yet but are determined to work with all of our global and local partners and stakeholders to get there.”
Ford has also pursued the development of electric vehicles and is investing more than $11.5 billion in electric vehicles through 2022, including the development of their Mustang Mach-E, Transit Commercial and fully electric F-150. They are also working on the FordPass Charging Network, which will include more than 13,500 charging stations and almost 40,000 individual charge plugs across North America’s largest public charging network.
- Lessons from the Front Line: Principles and Recommendations for Large-scale and Distributed Energy Interconnection Reforms
- NRG releases 12th annual sustainability report highlighting consistent actions that drive stakeholder value
- In Setting Corporate Climate Goals, Credibility is Key
- Better Buildings Progress Report 2022
- Extreme Weather & Power Supply Preparedness