Ford CFO Responsible for Reducing Emissions at Assembly Plants


  • While it may sound like a lofty goal – reduc­ing car­bon diox­ide emis­sions per vehi­cle from its assem­bly plants 30% by 2025, Ford Motor Co. already accom­plished a larg­er push­back on emis­sions – 37% was cut from 2000 to 2010.
  • Ford’s Chief Finan­cial Offi­cer Bob Shanks just dis­cussed the automaker’s 14th annu­al sus­tain­abil­i­ty report with ana­lysts and reporters.
  • His com­ments empha­sized the company’s com­mit­ment to hit­ting the tar­get – and it illus­trat­ed how sus­tain­abil­i­ty ini­tia­tives are being hand­ed to exec­u­tives who man­age the purse strings for some of the world’s largest com­pa­nies.
  • It’s not all about cost, he said. “These are the right things to do and they will have a busi­ness case around them over the longer term,” Shanks said.


  • CFOs are play­ing a larg­er role in mon­i­tor­ing cor­po­rate sus­tain­abil­i­ty, accord­ing to a Deloitte sur­vey of com­pa­nies last year that pro­duce at least $1 bil­lion in annu­al rev­enue. Of the 250 CFO’s inter­viewed, 26% now have author­i­ty for sus­tain­abil­i­ty efforts, up from 17% a year ear­li­er. The author­i­ty is shift­ing over from CEOs to CFOs empow­ered with oper­at­ing author­i­ty and huge bud­gets.
  • As part of its sus­tain­abil­i­ty agen­da, Ford plans on reduc­ing the amount of waste sent to land­fills for each vehi­cle built by 41% as part of its five year plan through 2016. The com­pa­ny already reduced the amount of waste per vehi­cle by 40% from 2007 to 2011.
  • Recy­cling and using paint solids has been an accom­plish­ment for Ford and has been repli­cat­ed at more of its assem­bly plants. The paint solids that would have gone to land­fills go instead to near­by util­i­ty com­pa­nies that use the mate­r­i­al as a fuel source.

SOURCE: Auto­mo­tive News



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