Ford, M2030 to help suppliers meet carbon reduction targets
Ford and Manufacture 2030 (M2030) will form a strategic partnership to help the carmaker’s suppliers meet their carbon reduction targets toward the Blue Oval's goal of reaching carbon neutrality no later than 2050 globally, and by 2035 in Europe.
KEY TAKEAWAYS
How many Tier 1 supplier sites does Ford have?
Ford has more than 5,000 Tier 1 global supplier sites covering more than 66 countries.How can M2030’s platform help Ford’s suppliers meet their carbon reduction targets?
M2030’s platform can help Ford’s suppliers identify which actions to take to measure, manage and reduce carbon emissions and reduce costs as they build their carbon neutrality plans.The Dearborn-based car company is among the first American automakers to join M2030, and the first to include its global supply chain on the platform. M2030 is designed to help suppliers measure, manage and reduce carbon emissions.
“Achieving carbon neutrality for Ford is an important corporate goal and integral to our purpose to help build a better world. It is becoming a strong demand from our customers, shareholders, and investors, and the supply chain is essential in achieving this goal. Hitting our targets will require we cut emissions across our entire value chain, particularly from purchased energy, goods, and services. M2030 is a key program for Ford to help us all in not only reporting emissions but in forming realistic action plans and glidepaths to achieving our goals,” said Ford Global Supply Chain Vice President Jonathan Jennings.
In the first phase of the partnership with M2030, Ford is offering the voluntary platform to its more than 5,000 Tier 1 global supplier sites covering more than 66 countries, including suppliers who have yet to establish science-based carbon reduction targets. M2030’s platform can help suppliers identify which actions to take to measure, manage and reduce carbon emissions and reduce costs as they build their carbon neutrality plans.
“This is a powerful example of how Ford’s scale and proven industrial expertise can help accelerate the shift to EVs and support a diverse supply chain that is good for people and the planet, and good for business. By working together and leveraging our collective expertise, we believe this platform will help our suppliers deliver significant carbon reductions and greater positive impact,” commented Ford Global Sustainability, Homologation, and Compliance Director Cynthia Williams.
The initiative will also support the company’s commitment to the First Movers Coalition, a global initiative to harness purchasing power and supply chains to create early markets for innovative clean energy technologies. As part of the coalition, Ford committed to purchasing at least 10 percent near-zero carbon steel and aluminum by 2030.
Photos from Ford
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