UAE Business: Ford to join FMC, vows to buy green steel and aluminium – Gulf Digital News

  • Date: 06-Jun-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:UAE
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UAE Business: Ford to join FMC, vows to buy green steel and aluminium – Gulf Digital News

Ford Motor Company announced it will join the First Mover’s Coalition (FMC) and pledged that at least 10% of all its steel and aluminium purchases will be near-zero emissions by 2030.

FMC is 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.

“Our commitment to the Paris Agreement was just the start of Ford’s ambition to reach carbon neutrality. Now, we are actively working to develop the materials and technology needed to create a zero-emissions transportation future,” said Chris Smith, chief government affairs officer for Ford.

Environmental footprint

“We’re proud to be the first US automaker to join the First Movers Coalition and to work with global partners to continue reducing our environmental footprint and meet the expectations of our customers.”

Ford’s goal is to have a positive impact on people and the planet and was one of the first auto makers to join the international community and commit to the Paris Agreement.

Aligned with that commitment, Ford is working to achieve carbon neutrality globally across its vehicles, operations and supply chain no