The company aims to use 100 percent locally sourced renewable energy for manufacturing plants and eliminate single-use plastics from operations.

By Cailey Rizzo
June 24, 2020
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Ford Motor Company is committing to being carbon neutral by 2050.

In their annual stability report, released on Wednesday, the Michigan-based manufacturer detailed their plans for sustainability and becoming more environmentally conscious.

Ford will focus on three areas that make up 95 percent of its carbon dioxide emissions: its facilities, its supply base, and customer vehicle use — with the last component comprising of approximately 75 percent of the CO2 emissions.

In their eco-friendly mission, the American car company is investing more than $11.5 billion in electric vehicles or vehicles that run on sustainable fuel sources through 2022 in hopes to make these types of vehicles more appealing to customers. A few new models of zero-emissions vehicles — including a fully electric F-150 — are set to debut in the coming years.

The company is also developing the “FordPass Charging Network,” which is set to be the largest public charging network in North America. More than 13,500 charging stations and 40,000 individual charge plugs will pop up around the country, making it more accessible to own and drive a fully-electric vehicle.

Credit: Courtesy of Ford

As for their manufacturing plants, the company aims to use 100 percent locally sourced renewable energy including hydropower, geothermal, wind or solar. They also look to eliminate single-use plastics from operations by 2030 and only use recycled and renewable plastics in vehicles.

Both Volvo and Volkswagen set goals in 2019 to become carbon neutral by 2050.

The news is particularly interesting at a time when more Americans than ever are likely to get in their cars and drive. Gas prices are at record lows, ringing in at an average of less than $2 per gallon in many parts of the country.

Due to the coronavirus pandemic, Americans feel safer in cars than airplanes. According to a recent survey conducted by the U.S. Travel Association in partnership with MMGY Travel Intelligence, 45 percent of Americans are more likely to opt for a road trip this summer, and the number of cars on the road over the next few months could surge.