Ford’s board is urging investors to reject a shareholder proposal by Green Century Capital Management, which asks for a report on the alignment of the company’s supply chain emissions reduction efforts with its net-zero goals. Green Century contends that without a strategy for reducing emissions—especially regarding low-carbon steel—Ford won’t achieve its target of global carbon neutrality by 2050. Ford argues that its existing sustainability reports are sufficient, while Green Century claims the company is falling behind competitors like Volvo and Mercedes-Benz in addressing supply chain emissions.

Source: https://www.supplychaindive.com/news/ford-supply-chain-emissions-proposal/743902/