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FORD’S GREEN INITIATIVES, LOW-CARBON AMBITIONS, EARN COMPANY CLIMATE ‘A LIST’ DESIGNATION FROM CDP

• CDP names Ford Motor Company to its Climate ‘A List’ for the first time,
• Actions to cut emissions, mitigate climate risks and develop the low-carbon economy are amongst the brand’s contributions
• Ford aspires to power all its manufacturing plants globally with 100-percent renewable energy by 2035

Pretoria, South Africa, 29 January 2020 – Ford Motor Company’s actions to cut emissions, mitigate climate risks and contribute to development of the low-carbon economy have earned it a place on CDP’s Climate ‘A List’ for climate change for the first time. Ford is among 35 American companies recognized this year.

“Our people, our customers and our investors expect us to constantly do more to address climate change,” said Bob Holycross, vice president, sustainability, environment and safety engineering. “For more than 20 years, Bill Ford, our executive chairman, has been driving us to act more boldly around climate change.

“We believe making great vehicles, protecting the planet and maintaining a strong business are dependent on each other and not mutually exclusive priorities.”

Bruno Sarda, president of CDP North America said, “Congratulations to Ford for earning a spot on this year’s Climate ‘A List’ – the company is a model for true corporate sustainability leadership.

“Climate change is an undeniable business risk if unaddressed and we must transition to a low-carbon economy now to avoid the worst impacts,” said Sarda. “’A List’ companies know sustainability presents an exciting race to the top, an opportunity to innovate and rethink business as usual, proving that environmental responsibility simply makes good business sense.”

Ford’s commitment to reduce CO2 emissions consistent with guidelines in the Paris Climate Accord includes investing billions in the development of electric vehicles.

In 2017, Ford said it had reduced carbon dioxide emissions from manufacturing operations by 30 percent per vehicle produced – eight years earlier than planned when the goal was set in 2010.

Building on that success, Ford announced a new global Carbon Reduction Strategy for manufacturing, with a significant emphasis on renewable energy and a continued focus on low-emission sources and energy efficiency. Ford has set an aspirational goal to run all its manufacturing plans globally on 100-percent renewable energy by 2035.