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Ford Report

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Submitted By ayushi
Words 13213
Pages 53
Ford Report on the

BUSINESS IMPACT OF CLIMATE CHANGE

FORD REPORT ON THE BUSINESS IMPACT OF CLIMATE CHANGE

Table of Contents
Foreword 1

Introduction Implications Actions Challenges Convergent Issues Commitment 2 2 3 3 3

Background The climate issue Business Drivers Market Share Regulatory compliance Shareholder value Industry Considerations 4 4 4 4 5 5

Strategic Roadmap Strategic principles Strategic actions Product Policy Plants People Partnerships

6 6 7 7 8 9 9 9

Conclusion

10

Appendix 1 Excerpt from 2004-2005 Sustainability Report

11-20

Appendix 2 California GHG regulations

21

Foreword

In November 2004, Ford Motor Company received a shareholder resolution from the Interfaith Center on Corporate Responsibility (ICCR) and the Coalition for Environmentally Responsible Economies (Ceres) and others requesting we release information specific to our greenhouse gas emissions strategy. Much of the information requested is reported annually in our Sustainability Report (formerly called the Corporate Citizenship Report), and we have excerpted the most recent Sustainability Report as an appendix to this report. However, we agreed to publish the industry's first report dedicated to the issue of climate change and its effect on our business as well as the automotive industry as a whole. While we have worked closely with ICCR, Ceres and other stakeholders throughout the writing of this report, the material contained here is is our view of this important global issue. This report has been reviewed and approved by senior management, the Office of the Chairman and Chief Executive (OCCE) as well as the Environmental and Public Policy Committee of the Board of Directors. What you will read in the following pages is a snapshot of work in progress. We will continue to work on technology, policy, marketing and product initiatives that we

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