“By joining the First Movers Coalition, Ford is signaling to the market that we want to work with our suppliers to achieve commercially viable green steel and aluminum. The intent and magnitude of our engagement today have the potential to help build the most sustainable economy possible,” she adds.
To be competitive and affirm its position in this new era of electric and connected vehicles, Ford plans to invest more than 50 billion dollars worldwide by 2026 to develop electric vehicles and the batteries that drive them. These investments will create new jobs and develop a supply chain that meets Ford’s commitments to sustainability and human rights.
As a reminder, the automaker already recycles up to 9 million tons of aluminum each month at its Dearborn Stamping, Kentucky Truck, and Buffalo Stamping facilities. Making recycled aluminum requires only about 5% of the energy needed to make new aluminum, according to the Aluminum Association
Led by the World Economic Forum and the US government, the First Movers Coalition targets industries such as aluminum, aviation, chemicals, concrete, shipping, steel, and trucking, which are responsible for 30% of global emissions. Without urgent progress in clean technological innovation, this emission proportion is expected to reach more than 50% by the middle of the century. According to the World Economic Forum, aluminum accounts for 2% of global emissions.
At the 26th Conference at the United Nations Framework Convention on Climate Change, Ford joined RouteZero, a global coalition to fight global warming, working to bring sales of all new cars and vans to zero emissions by 2040 globally and no later than 2035. For Europe, the company announced last March that it was aiming for zero emissions for all vehicle sales on the continent and carbon neutrality in the footprint of Ford facilities, logistics, and suppliers by 2035.a