Ford has declared that it will become a member of the First Movers Coalition, an international project to utilize purchasing power and supply chains to establish early markets for novel clean energy solutions. Ford Motor Company is the largest automaker in the United States regarding the number of vehicles it manufactures there and the number of people it employs there on an hourly basis.
"Ford has solid experience in paving the way for car sustainability, from being the only large-scale American carmaker to support California in adopting stronger vehicle emissions standards to being the first. These accomplishments demonstrate Ford's commitment to environmental responsibility." a manufacturer of automobiles that participated in the Better Climate Challenge hosted by the Department of Energy earlier this year pledged to lower our emissions resulting from production. "And now, as part of the First Movers Coalition, we are tackling our supply chain's impact on the environment by investing in environmentally friendly steel and aluminum," said Chris Smith, the CEO of Ford. "This is a big step for us," Smith said. "Together, the members of this alliance can construct a future of transportation with zero emissions,"
More than fifty businesses, spread across five continents and with a combined market value of almost $8.5 trillion, are currently building a coalition to assist in the commercialization of zero-emission technology. As for Ford, the company has stated that it is committed to purchasing at least 10 percent carbon and aluminum by 2030, which has a near-zero carbon impact. In addition, in its cars, operations, and supply chain, the firm is working toward achieving a carbon footprint that is carbon neutral by the year 2050, with intermediate milestones set for the year 2035.
According to Sue Slaughter, who is in charge of the sustainability of Ford's supply chain, "achieving a carbon-neutral footprint by the year 2050 is doable if we invest in the appropriate technologies and scale them up in the next decade." "By becoming a member of the First Movers Coalition, Ford is sending a message to the market that we want to collaborate with our suppliers to develop environmentally-friendly steel and aluminum that can be used in commercial settings. The motivation for our action today and the weight of its significance have the potential to contribute to the development of a zero-carbon economy.
Ford intends to invest more than $ 50 billion worldwide between the years 2022 and 2026 in the research and development of electric cars and the batteries that power them so that the company can compete successfully in the new era of electric and connected vehicles. These investments will result in new employment and the development of a supply chain that will fulfill Ford's commitments to both human rights and environmental sustainability.
At its Dearborn Stamping, Kentucky Truck, and Buffalo Stamping plants, Ford recycles up to 9 million pounds of aluminum every single month. According to the Aluminum Association, the energy required to manufacture recycled aluminum is only around 5 percent of the energy needed to manufacture new aluminum.
The aluminum, aviation, chemical, concrete, shipping, steel, and truck industries are all targeted by the First Movers Coalition. These industries are responsible for thirty percent of the world's emissions. This proportion is projected to increase to over fifty percent by the middle of the century if there is no urgent progress in clean technology innovation. The First Movers Coalition is led by the World Economic Forum and the government of the United States. According to the World Economic Forum, aluminum production is responsible for 2% of all global emissions.
At the 26th United Nations Climate Change Conference, Ford announced that it would be joining RouteZero, a global coalition working to reduce global warming. RouteZero's goal is to ensure that new car and truck sales will not have any global emissions until the year 2040 and that this goal will be met in the top markets no later than the year 2035. In addition, Ford announced in March that it intends to achieve its goal of zero emissions for all vehicle sales in Europe by 2035 and a carbon-neutral footprint for all of Ford's manufacturing, logistical operations, and suppliers.