Shareholders Must Pressure Ford’s Executives and Board to Produce Plan to Purchase Low-Carbon Steel
WASHINGTON — At tomorrow’s annual general meeting, Ford Motor Company Ford shareholders will vote on a critical proposal urging the company to disclose a plan to meet the company’s commitment to source 10% low-carbon steel by 2030. Ford made the commitment in 2022 as part of its pledge when it joined the World Economic Forum’s First Movers Coalition. In response, Carly Oboth, senior supply chain campaigner with Public Citizen’s Climate Program, issued the following statement:
“Ford’s shareholders have a chance to move the automaker beyond promises and toward concrete climate action.
“The company and its board must be held accountable for the promises it has made to leverage its purchasing power to cut carbon emissions from its supply chain. If joining the First Movers Coalition was anything beyond a public relations stunt, the company must disclose a plan to keep its promises. It’s time for Ford to back up its words with a clear plan to meaningfully cut supply chain emissions.”
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