Post by nurnobisorker02 on Feb 28, 2024 5:48:27 GMT -5
Ford today launched its first integrated sustainability and finance report, highlighting its achievements and aspirations, while announcing new objectives in the pursuit of carbon neutrality by 2050 based on the use of science, aligning with the terms of the Climate Agreement from Paris. Goals to reduce Scope 1 and 2 greenhouse gas emissions from operations by 76% starting in 2017, and Scope 3 GHG emissions from the use of the company's products by 50% starting in 2019 , for 2035 in both cases, were recently approved by the Science Based Targets initiative. SBTi is a collaboration between CDP, the World Resources Institute, the World Wildlife Fund and the United Nations Global Compact that helps companies set meaningful targets to mitigate carbon emissions. Reducing emissions has favorable implications for a variety of sustainability issues of greatest importance to Ford, all of which receive attention in the just-released report.
For Ford, combining financial and sustainability performance in a single report is very significant. "Ford has always tried to build a better world, where people have the freedom to move and pursue their dreams," said John Lawler, the company's chief financial officer. “Success in sustainability requires a financially healthy business, and financial health depends Anhui Mobile Number List on effectiveness in areas of sustainability.” "Combining those topics into a single report reflects that, more than ever, investors and other stakeholders want to know not only what you plan to do, but also what you are accomplishing and how you are managing risks along the way." ». Highlights of the integrated report include Ford's large-scale social response to the COVID-19 pandemic, the start of high-volume, zero-emission electric vehicle launches, as well as actions to create greater diversity, equity and inclusion inside the company.
Together with society In addition to protecting each other amid the COVID-19 pandemic by responsibly closing and then restarting operations around the world a year ago, Ford is doing everything it can to address the social needs that arose in the wake of the health crisis. at a global level. Through its “Project Apollo,” the company has developed, manufactured and delivered vital personal protective and medical equipment, often in conjunction with the UAW in the US. To date, the efforts have produced nearly 160 million masks; more than 20 million face shields; 1.6 million washable isolation gowns; 50,000 ventilators for patients with GE Healthcare; and more than 32,000 powered air-purifying respirators in collaboration with 3M. Additionally, virus-related contributions through the philanthropic arm of the Ford Motor Company Fund included $1.13 million for relief programs around the world.
For Ford, combining financial and sustainability performance in a single report is very significant. "Ford has always tried to build a better world, where people have the freedom to move and pursue their dreams," said John Lawler, the company's chief financial officer. “Success in sustainability requires a financially healthy business, and financial health depends Anhui Mobile Number List on effectiveness in areas of sustainability.” "Combining those topics into a single report reflects that, more than ever, investors and other stakeholders want to know not only what you plan to do, but also what you are accomplishing and how you are managing risks along the way." ». Highlights of the integrated report include Ford's large-scale social response to the COVID-19 pandemic, the start of high-volume, zero-emission electric vehicle launches, as well as actions to create greater diversity, equity and inclusion inside the company.
Together with society In addition to protecting each other amid the COVID-19 pandemic by responsibly closing and then restarting operations around the world a year ago, Ford is doing everything it can to address the social needs that arose in the wake of the health crisis. at a global level. Through its “Project Apollo,” the company has developed, manufactured and delivered vital personal protective and medical equipment, often in conjunction with the UAW in the US. To date, the efforts have produced nearly 160 million masks; more than 20 million face shields; 1.6 million washable isolation gowns; 50,000 ventilators for patients with GE Healthcare; and more than 32,000 powered air-purifying respirators in collaboration with 3M. Additionally, virus-related contributions through the philanthropic arm of the Ford Motor Company Fund included $1.13 million for relief programs around the world.