It's 5,000 + tier one suppliers will be asked to meet stricter environmental standards.
Ford is taking its future into its own hands by joining Manufacture 2030 (M2030). It's the first American automaker to join M2030, designed to help suppliers measure, manage, and reduce carbon emissions.
The new platform will assist Ford in measuring and reducing its carbon emissions across its vehicles, operations, and supply chain to eventually reach a carbon-neutral state by 2035 in Europe and by or before 2050 globally. This move shows Ford's continued commitment to lowering carbon emissions after being one of the first American automakers to align with the Paris Climate Agreement.
"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 us to 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 glide paths to achieving our goals." said Jonathan Jennings, Ford's Global Vice President, Supply Chain.
In the first phase of the move to meet its environmental targets, Ford will offer Manufacture 2030's services voluntarily to its more than 5,000 Tier 1 global suppliers. A prime example is this is Fox, which supplies suspension components for multiple models, including the 2023 Ford Bronco Raptor.
"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," said Cynthia Williams, Global Director of Sustainability, Homologation, and Compliance at Ford.
This new venture will also clear the way for cleaner sourcing of raw materials for Fords growing EV production. The company targets an annual run rate of 600,000 EVs by 2023 and over two million by 2026. Ford has also committed to purchasing at least 10% near-zero carbon steel and aluminum by 2030.
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