Ford Motor Company has announced its membership in the First Movers Coalition, a global initiative that explores purchasing power and supply chains with the goal of creating early markets for innovative clean energy technologies.
“Ford has a strong record of automotive sustainability and can boast of being the only US automaker to back California’s tough vehicle emissions standards. It is also the first automaker to join the Ministry of Energy’s Better Climate Challenge and commit to reducing vehicle manufacturing emissions. Now as part of the First Movers Coalition, we are targeting the environmental impact of our supply chain by investing in green steel and aluminum. This coalition has the potential to build the future of zero-emission transportation. An essential initiative for the well-being of people and that of the planetsaid Chris Smith, director of government affairs at Ford.
Note that more than 50 companies worth approximately $8.5 billion on five continents now form this coalition, to help commercialize zero-carbon technologies. For its part, Ford is committed to purchasing at least 10% “green” steel and aluminum by 2030. The company aims to achieve carbon neutrality on a global scale for all its vehicles, its operations and its supply chain no later than 2050.
“Reducing emissions to a carbon neutral level by 2050 is possible if we invest in the right technologies and develop them over the next decadesaid Sue Slaughter, director of supply chain sustainability at Ford. “By joining the First Movers Coalition, Ford is signaling to the market that we want to work with our suppliers to achieve commercially viable green steel and aluminum. The intent and magnitude of our engagement today has the potential to help build the most sustainable economy possible.she adds.
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In order to be competitive and affirm its position in this new era of electric and connected vehicles, Ford plans to invest more than 50 billion dollars worldwide by 2026 to develop electric vehicles and the batteries that drive them. These investments will create new jobs and develop a supply chain that meets Ford’s commitments to sustainability and human rights.
As a reminder, the automaker already recycles up to 9 million tons of aluminum each month, in its facilities at Dearborn Stamping, Kentucky Truck and Buffalo Stamping. Making recycled aluminum requires only about 5% of the energy needed to make new aluminum, according to the Aluminum Association.
Led by the World Economic Forum and the US government, the First Movers Coalition targets industries such as aluminum, aviation, chemicals, concrete, shipping, steel and trucking, which are responsible for 30% of global emissions. Without urgent progress in clean technological innovation, this emission proportion is expected to reach more than 50% by the middle of the century. According to the World Economic Forum, aluminum accounts for 2% of global emissions.
During the 26e Conference at the United Nations Framework Convention on Climate Change, Ford joined RouteZero, a global coalition to fight global warming by striving to make sales of all new cars and vans zero emissions by 2040 worldwide and no later than 2035. For Europe, the company announced last March that it was aiming for zero emissions for all vehicle sales on the continent and carbon neutrality in the European footprint of facilities, Ford logistics and suppliers by 2035.