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Article

9 Apr 2008

Author:
Interfaith Center on Corporate Responsibility

Shareholders Laud Ford as First U.S. Automaker to Set “Clearly Defined Goal” for a Major Cut in Greenhouse Gas Emissions

Ford is the first U.S. auto company to spell out how it plans to reach the goal of reducing by at least 30 percent the greenhouse gas (GHG) emissions from its new vehicle fleet by 2020. The decision by Ford to publish its emission target came in the wake of climate-related shareholder resolutions...In March, Ford presented concerned investors with a detailed analysis of its fuel emissions goals showing how the 30 percent emissions reduction would be achieved in a manner consistent with the 60-80 percent CO2 reductions by 2050 that Ford and dozens of other U.S. companies have agreed to as part of the U.S. Climate Action Partnership…[also refers to General Motors]