Ford: first integrated sustainability financial report

(CercleFinance.com) - Ford today released its first integrated sustainability, financial report, showcasing the company's accomplishments and ambitions.


As the carmaker strives to be “carbon neutral” by 2050, Ford announces that its interim targets have been approved by the Science Based Target initiative, which helps companies set meaningful targets to limit emissions.

Thus, in 2035, Ford plans to reduce its Scope 1 and 2 greenhouse gas emissions (direct and indirect operations) by 76% compared to their level in 2017, and by 50% from their 2019 level for Scope 3 (other indirect emissions).

The company also detailed its commitments against Covid: to date, the company has produced nearly 160 million face masks, over 20 million visors, 1.6 million washable isolation gowns and 50,000 patient ventilators with GE Healthcare, it says.

Finally, through to 2025, Ford plans to invest over 22 billion in dollars electric mobility. As part of this, deliveries of the keenly awaited Mustang Mach-E in North America began in 2020, followed by Europe in early 2021. China will follow later in the year.



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