Ford was recognized by the Norfolk Southern Corp. as the top honoree at its inaugural Thoroughbred Sustainability Partner Awards, which honors partner companies who are leaders in the categories of Energy Efficiency, Innovation and Environmental Stewardship, with Ford Motor Company taking a top honor.
Ford announced the formation of the Virtual Power Plant Partnership, a coalition led by the Rocky Mountain Institute aimed to scale the market for virtual power plants to help advance affordable, reliable electric sector decarbonization and support grid resiliency.
Ford Motor Company reported first-year actions guided by the sustainable financing framework the company launched in November 2021. The Sustainable Financing Report 2022 highlights how the net proceeds from the company’s inaugural green bond are being allocated to support the design, development and manufacture of Ford’s electric vehicles and create positive social and environmental impacts in the transition to EVs.
Ford Motor Company and Manufacture 2030 announced today a strategic partnership to help Ford’s suppliers meet their carbon reduction targets toward Ford’s goal of reaching carbon neutrality no later than 2050 globally, and by 2035 in Europe.
Today, at the fourteenth convening of Climate Week NYC, the largest global climate event of its kind, Ford is partnering with the Climate Museum to bring in a live installation of “Someday, all this,” a mural by artist David Opdyke offering a bracing commentary on the impact of the climate crisis on the American landscape.
On August 25th, the California Air Resources Board is expected to vote on the proposed Advanced Clean Cars II proposal to rapidly scale down light-duty passenger car, truck and SUV emissions starting with the 2026 model year through 2035. Under the new guidelines, by 2035 all new passenger cars, trucks and SUVs sold in California will be zero emissions. Ford’s Chief Sustainability Officer Bob Holycross issued the following statement in response to the proposed regulation
Through a new clean energy agreement with DTE Energy (NYSE: DTE), Ford Motor Company will soon be able to attribute all its electricity supply in Michigan to clean energy, a major step toward Ford’s goal to reach carbon neutrality.
Ford joined other major automotive manufacturers globally, along with the Automotive Industry Action Group (AIAG) and Drive Sustainability, to make needed changes and additions to the “Automotive Industry Guiding Principles to Enhance Sustainability Performance in the Supply Chain.”