Ford Makes Deals To Buy Cleaner Steel

November 1, 2022 EcoVadis EN


The company recently announced that it is taking more steps to ensure a stable supply of low carbon steel for its future products. This will help the company reach its goal of becoming carbon neutral by 2035. The company has entered into Memorandums of Understanding (MoUs) with Salzgitter Flachstahl GmbH, Tata Steel Nederland B.V., and ThyssenKrupp Steel Europe AG in order to secure this supply.

Three of Ford’s major suppliers have announced they will be boosting production of low carbon steel in the next few years. This is excellent news for Ford, as it means a considerable decrease in the company’s CO2 footprint. The first application of this new steel will be on Ford’s all-electric, medium-sized crossover vehicle, set to come out in 2023.

“Our customers, like us, want to take care of our planet, and we are taking the necessary steps on this journey, providing the vehicles they need to make a positive contribution against climate change, produced in a more sustainable way,” said Sue Slaughter, purchasing director, supply chain sustainability, Ford Motor Company. “Improvements within our supply chain are key, and with the use of carbon neutral steel we will take a major step towards lowering the CO2 footprint of our vehicles.”


Read the full article at: cleantechnica.com

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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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