Energy Efficiency, GHG Emissions, Industrial - November 15, 2022
Ford Motor Partners for Supply Chain Sustainability
Ford Motor Company and Manufacture 2030 announced a strategic partnership to help Ford’s suppliers meet their carbon reduction targets toward Ford’s goal of reaching carbon neutrality no later than 2050 globally, and by 2035 in Europe.
Ford is among the first American automakers to join Manufacture 2030 and the first to include its global supply chain on the platform. M2030 is designed to help suppliers measure, manage and reduce carbon emissions.
“Achieving carbon neutrality for Ford is an important corporate goal and integral to our purpose to help build a better world,” said Jonathan Jennings, Ford Global Vice President, Supply Chain in a statement. “It is becoming a strong demand from our customers, shareholders and investors, and the supply chain is essential in achieving this goal. Hitting our targets will require we cut emissions across our entire value chain, particularly from purchased energy, goods and services. M2030 is a key program for Ford to help us all in not only reporting emissions but in forming realistic action plans and glide paths to achieving our goals.”
Building on demand for its new electric vehicles, Ford announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 EVs by late 2023 and more than 2 million by the end of 2026. The company plans for more than half of its global production to be EVs by 2030.