Ford Expands Climate Change Goals, Sets Target to Become Carbon Neutral By 2050

Annual Sustainability Report•    Ford is the only full line U.S. automaker committed to doing its part to reduce CO2 emissions in line with the Paris Climate Agreement and working with California for stronger vehicle greenhouse gas standards•    To achieve its goal, Ford will focus on three areas that account for about 95 percent of its CO2 emissions - vehicle use, supply base and company's facilities•    To date, Ford is investing more than $11.5 billion in electric vehicles through 2022, including forthcoming zero- emission Mustang Mach-E, Transit Commercial and fully electric F-150•    Company on track to power all its manufacturing plants with 100 percent locally sourced renewable energy by 2035Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to more urgently address climate change challenges.The company announced that ambition today as it issued its 21st annual Sustainability Report. Ford is the only full line U.S. automaker committed to doing its part to reduce CO2 emissions in line with the Paris Climate Agreement and working with California for stronger vehicle greenhouse gas standards.Carbon neutrality refers to achieving zero carbon emissions by balancing such emissions with carbon removal. To achieve its goal, Ford will focus initially on three areas that account for approximately 95 percent of its CO2 emissions - vehicle use, its supply base and the company's facilities.Ford said it is setting the 2050 goal fu....

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