Ford Motor Company, the fifth-largest automaker in the world, is taking ownership of its carbon emissions. In the company’s just released Sustainability Report, Ford unveiled plans to become completely carbon-neutral within 30 years. Additionally, it hopes to power all its manufacturing plants with green energy in half that time.
Ford’s plan to go green is twofold. It wants to run all factories on locally-sourced, renewable energy by 2035. It also wants to attain full carbon neutrality by 2050. According to the new report, Ford will focus on vehicle use, its supply base and company facilities in attaining these ends.
The report explained that carbon neutrality “means energy would come only from sources that naturally replenish – such as hydropower, geothermal, wind or solar.”
Company Vice President Bob Holycross added, “We can develop and make great vehicles, sustain and grow a strong business and protect our planet at the same time.” While he concedes that “we don’t have all the answer yet,” Holycross maintains that Ford is “determined” to work with “global and local partners and stakeholders to get there.”
Investing in the Future
The American automaker also announced plans to invest over $11 billion in zero-emission technology. These innovations will be featured in the forthcoming Mustang Mach-E and Transit commercial van, as well as in a fully electric F-150 pickup.
Ford is already receiving praise from some of the world’s leading green technology advocacy groups. Mindy Lubber, CEO of the sustainability non-profit Ceres, said in a statement, “We congratulate Ford on its commitment to be carbon neutral by 2050.” She pointed out that Ford “recognizes the urgency to address climate change, and we urge every company to take action and commit to science-based targets within their global enterprises.”