17
Jun
09

Ford details progress on blueprint for sustainability

Car giant Ford’s annual sustainability report shows that the company is on track to reach its product carbon dioxide goal, which calls for a 30 per cent reduction in CO2 emissions by 2020, the company said.

The report details Ford’s electric vehicle strategy and introduction of new models that achieve best-in-class fuel economy. The company also cut its global water use by 24 per cent and improves its energy efficiency in North America by 4.5 per cent.

‘Our economic and environmental goals are aligned. In fact, we believe that the best way for us to be more profitable is to make our business and products more sustainable,’ said Bill Ford, executive chairman, Ford Motor Company.

Included in the report are sections dealing with climate change that summarise the company’s progress toward its CO2 reduction goal, its approach to climate change policy, vehicle and fuel and technologies to achieve improved fuel economy for Ford products, the company’s accelerated electrification strategy, human rights initiatives and how the One Ford plan is addressing the economic challenges facing the industry today.

‘We recognise these issues are increasingly important to our stakeholders, including our customers, investors and business partners,’ said Sue Cischke, Ford group vice president, Sustainability, Environment and Safety Engineering. ‘We want them to understand that we will continue to pursue our sustainability agenda despite very challenging economic conditions.’

The company remains on track to reach its goal to reduce by 30 per cent the CO2 emissions of its new US and European vehicles by 2020, compared to the 2006 model year, according to a statement.

The report also mentions the accelerated development of battery electric vehicles (BEV) and plug-in hybrids (PHEVs), which will be introduced between 2010 and 2012.

‘Ford’s reporting has benefited greatly from open and honest dialogue with shareholders, environmental organisations and other key stakeholders regarding a variety of sustainability issues, including global climate change and good governance practices,’ said Carol Lee Rawn, senior manager of the Transportation Program at Ceres, who led the Ceres stakeholder team that advised Ford on its Sustainability Report.

Ford Motor Company is a global automotive industry leader based in Dearborn, Michigan. The company manufactures or distributes automobiles across six continents, with about 205,000 employees and about 90 plants worldwide.

Copyright © 2009 NewNet

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