Ford today released its first-ever integrated sustainability and financial report of accomplishments and aspirations, at the same time announcing new science-based targets toward the company’s ambition to be carbon neutral by 2050, in line with terms of the Paris Climate Agreement.
The targets – to reduce Scope 1 and 2 greenhouse gas emissions from operations 76% from 2017, and Scope 3 GHGs from use of the company’s products 50% from 2019, both by 2035 – were recently approved by the Science Based Targets initiative. SBTi is a collaboration between CDP, the World Resources Institute, the World Wide Fund for Nature and the United Nations Global Compact that helps companies set meaningful objectives for mitigating emissions.
Read the full release here.
Published Mar 31, 2021 9am EDT / 6am PDT / 2pm BST / 3pm CEST