Submitted by: Ford Motor Company
Posted: Jun 15, 2009 – 02:11 PM EST
Jun. 15 /CSRwire/ -
The 2008/2009 reported entitled "Blueprint for Sustainability: Our Future Works" updates the company's progress in key areas of climate change, fuel economy, mobility, vehicle safety and human rights.
The report reaffirms Ford's strong commitment to its sustainability strategy to support positive social change and reduce the environmental impact of its products and facilities while ensuring economically viable for the long term.
"Our economic and environmental goals are aligned. In fact, we believe that the best way for us to be more profitable is to make our business and products more sustainable," said Bill Ford, executive chairman, Ford Motor Company.
Included in the report are sections dealing with climate change that summarize the company's progress toward its CO2 reduction goal, its approach to climate change policy, vehicle and fuel and technologies to achieve improved fuel economy for Ford products, the company's accelerated electrification strategy, human rights initiatives and how the One Ford plan is addressing the economic challenges facing the industry today.
"We recognize these issues are increasingly important to our stakeholders, including our customers, investors and business partners," said Sue Cischke, group vice president, Sustainability, Environment and Safety Engineering. "We want them to understand that we will continue to pursue our sustainability agenda despite very challenging economic conditions."
The full report is now available online at www.ford.com/go/sustainability. As a cost saving measure, Ford elected not to do a traditional print version of the report.
Significant progress highlighted by Ford in its 10th annual report for 2008/2009:
To ensure its Sustainability 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, environmental organizations and other key stakeholders regarding a variety of sustainability issues, including global climate change and good governance practices." said Carol Lee Rawn, senior manager of the Transportation Program 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. This year's complete report can be found at www.ford.com/go/sustainability.
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 205,000 employees and about 90 plants worldwide, the company's automotive brands include Ford, Lincoln, Mercury and Volvo. 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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