Ford Motor Company joins First Movers Coalition

  • Date: 06-Jun-2022
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Ford Motor Company joins First Movers Coalition

- In becoming a member of the First Movers Coalition (FMC), Ford joins other global climate leaders in putting its purchasing power behind emerging clean technologies

- As one of the world’s largest purchasers of steel and aluminium, Ford commits to invest in the technology and scale to create commercially viable green steel and aluminium

- As Ford works to reach carbon neutrality globally no later than 2050, it is investing in advanced and efficient auto factories in the world, creating thousands of new jobs and building a sustainable supply chain

Dubai, United Arab Emirates – Ford Motor Company announced it will join the First Mover’s Coalition, an initiative led by the US Department of State and the World Economic Forum that includes more than 30 of the world’s leading companies committed to harness their purchasing power and supply chains to create early markets for innovative clean energy technologies. In joining the First Mover’s Coalition, Ford pledges that at least 10 per cent of all steel purchased (per year, by volume) will be near-zero emissions by 2030 and that at least 10 per cent of total primary aluminium purchased (per year, by volume) will be at or below a near-zero threshold of carbon