Ford earns place on green A List

Ford’s focus on the environment has earned it a place on a list of A List companies for climate change for the first time.

It has been named on CDP’s Climate ‘A List’, which recognises actions to cut emissions, mitigate climate risks and contribute to development of the low-carbon economy.

Bob Holycross, vice president, sustainability, environment and safety engineering, said: “Our people, our customers and our investors expect us to constantly do more to address climate change. For more than 20 years, Bill Ford, our executive chairman, has been driving us to act more boldly around climate change.

“We believe making great vehicles, protecting the planet and maintaining a strong business are dependent on each other and not mutually exclusive priorities.”

Bruno Sarda, president of CDP North America said: “Congratulations to Ford for earning a spot on this year’s Climate ‘A List’ – the company is a model for true corporate sustainability leadership.

“Climate change is an undeniable business risk if unaddressed and we must transition to a low-carbon economy now to avoid the worst impacts. ‘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 $11.5bn in electric vehicles.

In 2017, Ford said it had reduced carbon dioxide emissions from manufacturing operations by 30% 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% renewable energy by 2035.