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Corporate Social Responsibility
News
6.17.2008 - 05:21pm ET
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Ford Motor Company Issues its 9th Annual Sustainability Report
(CSRwire) Ford's blueprint for sustainability outlines the company's CO2
strategy through the year 2030.
Ford last year launched EcoBoost, an engine technology that mates
direct injection and turbocharging to a gasoline engine to improve vehicle
fuel economy and CO2 emissions.
Through collaborations with local-market partners, Ford is
developing a variety of personal transportation options to individuals
facing growing mobility challenges in densely populated urban centers
under a new program called "Urban Mobility Network."
Since 2000, Ford has reduced its global operational energy use by
30 percent and CO2 emissions from its facilities by 39 percent.
Ford joins the United Nations Global Compact, reinforcing its
commitment to human rights and other important responsibilities of global
companies.
DEARBORN, MI. - June 17, 2008 - Despite business and economic challenges,
Ford Motor Company remains deeply committed to building a sustainable
company and contributing to a sustainable world. The company's progress on
social, economic and environmental issues is outlined in Ford's 2007/2008
Sustainability Report released today
The report -- the ninth formal, nonfinancial report published by the
company - provides updates on the key topics of climate change, mobility,
vehicle safety, human rights and sustaining Ford, focusing on the mid-2007
to early 2008 timeframe. It also features commentary from several internal
and external experts on important sustainability issues.
While 2007 was a challenging year for Ford, it also was a year of
important developments that will help lay the foundation for recovery and
growth and position Ford for the long term.
Ford is changing. It is becoming smaller, leaner, more globally integrated
and more focused on meeting our customers' needs and wants. It is also a
company with sustainability at the heart of its business. Ford’s vision
for the 21st century is to provide sustainable transportation that is
affordable in every sense of the word: socially, environmentally and
economically.
"It became abundantly clear to us that Ford's future success will be
determined in no small part by how effectively it responds to
sustainability challenges," said Sue Cischke, group vice president,
Sustainability, Environment and Safety Engineering. "One thing is certain;
the future will not look like the present, so we need to respond to sudden
changing conditions."
Some significant highlights from the report include:
A review of Ford’s blueprint for reducing CO2 emissions by 30
percent by 2030. It includes near-, mid- and long-term product and
technology actions that incorporate fuel-saving technologies into the
company's product cycle plan and continuing research on the development of
breakthrough technologies.
In 2007, Ford unveiled EcoBoost, an engine technology that
combines gasoline engines with direct injection and turbocharging
technology to improve vehicle fuel economy without sacrificing
performance.
Ford of Europe launched its ECOnetic vehicle portfolio, which will
achieve class-leading CO2 emissions levels.
The Corporate Average Fuel Economy (CAFE) of our cars and trucks
(U.S.) improved 5.9 percent for the 2007 model year compared to the 2006
model year.
Since 2000, Ford has reduced its global operational energy use by
30 percent and CO2 emissions from its facilities by 39 percent.
In July 2007, Ford and Southern California Edison announced a
multimillion-dollar, multi-year evaluation demonstration program to study
the performance of 20 Escape Plug-in Hybrid Vehicles.
In 2007, Ford engaged local stakeholders and developed
partnerships in a number of global locations to bring a new program that
provides integrated urban mobility services to underserved and overcrowded
areas. This year, Ford and the University of Michigan revealed the results
of this effort with the announcement of the first three pilot cities to
test the program (Chennai and Bangalore, India and Cape Town, South
Africa).
In April of 2008, Ford joined the United Nations Global Compact,
reinforcing its commitment to human rights and other important
responsibilities of global companies.
To ensure the report's thoroughness and accuracy, Ford worked with a team
from Ceres, a coalition of investors, environmental groups and other
public interest organizations working with companies on sustainable
business practices. The Ceres stakeholder team is an independent group of
individuals drawn primarily from the Ceres coalition and represents a
range of constituencies that have expertise in environmental, social and
governance issues.
"Ford's reporting has benefited greatly from open and honest dialogue with
shareholders, environmentalists and other key stakeholders on
sustainability issues such as global climate change," said Debra Hall,
chief operating officer at Ceres, who led the Ceres stakeholder team that
advised Ford on its Sustainability Report.
Ford first issued a Corporate Citizenship Report in 1999 to address the
company's initiatives regarding social, economic and environmental issues.
As industry, business environment and social expectations continue to
evolve, so does the report. In 2004, it was renamed the Sustainability
Report to better reflect its emphasis on the business case for its
approach to environmental and social issues. The printed report is tightly
focused on the company's key issues, as well as on Ford's overall vision,
strategy, challenges and opportunities, while the full report with more
detailed explanation can be found on the Web at www.ford.com/go/sustainability.
"In 2008 and beyond, we will continue to develop our sustainability
strategy," Cischke said. "We are pleased with the progress we have made,
we know we cannot do it alone, and it will be an exciting ride."
About Ford
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures or distributes automobiles in 200 markets across six
continents. With about 228,000 employees and about 90 plants worldwide,
the company's core and affiliated automotive brands include Ford, Lincoln,
Mercury, Volvo and Mazda. The company provides financial services through
Ford Motor Credit Company. For more information regarding Ford’s
products, please visit www.ford.com.
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