Ford recognised for leadership in corporate sustainability

Wednesday, Jan 27, 2021 17:41

Ford is recorgnised the leadership in corporate sustainablity. — Photo Courtesy Ford Vietnam

Ford Motor Company was recognised for leadership in corporate sustainability by CDP’s annual environmental disclosure and scoring process which is widely recognised as the gold standard for corporate environmental transparency.

Climate protection and water management are key parts of Ford’s comprehensive approach to long-term sustainability and transitioning to a low-carbon economy.

This is the second straight year that Ford, one of 270 global companies named to the A List, has been recognised by CDP for climate-change efforts. Ford has received A’s from CDP for water reduction for six years in a row and is one of only 106 companies globally to earn such an award for water security.

Ford is the only full-line US automaker that has committed to reduce CO2 emissions in line with the Paris Agreement for climate change. Earlier this year, the company announced it intends to achieve carbon neutrality globally no later than 2050, while setting urgent interim targets to address climate change.

Ford also led the way in reaching a voluntary agreement with California to adopt meaningful greenhouse-gas emissions reductions.

Ford is investing more than $11.5 billion in electric vehicles through 2022. In 2017 Ford achieved its goal to reduce the company’s global carbon dioxide emissions from manufacturing operations by 30 per cent per vehicle produced by 2025, eight years early.

Since 2000, the company has worked to conserve water through its global water initiative and has reduced operational water use by 70 per cent, saving more than 11 billion gallons of water.

Ford continues to incorporate more water-efficient processes and technologies, with a long-term goal of using zero drinkable water in its vehicle manufacturing.

Since 2000, Ford’s annual sustainability report has tracked the company’s wide-ranging approach to and significant achievements in corporate social responsibility related to climate change, water conservation and air quality, among other issues. — VNS

Comments (0)