Ford has been named one of the “World’s Most Ethical Companies” for the eighth straight year by Ethisphere, as the automaker continues to try and improve both its own sustainability, and that of its global suppliers.
Ford’s Partnership for A Cleaner Environment (PACE) program encourages and helps companies within the supply chain to reduce carbon emissions, cut down on waste, and more efficiently use water and energy in their own manufacturing. The program kicked off in 2014, and last year, Ford invited a new, second group of suppliers to join, bringing the total number of participating companies up to 40. According to Ford, PACE now has the capability of impacting some 1,100 production sites in 40 different countries.
Through PACE, Ford provides suppliers with best practices and monitoring tools that are used to help those companies achieve their own sustainability goals. But those suppliers also have a chance to help Ford improve its own sustainability through “Energy Treasure Hunts,” which enable experts at suppliers’ facilities to identify new, additional ways reduce energy usage, and share those practices with their own supply chains and with Ford Motor Company.
The results are nothing to sneeze at; Ford says that over the next five years, suppliers that participate in PACE are on-track to save 550 million gallons of water and cut nearly 500,000 metric tons of carbon from their emissions.
“As a company, it’s important that we make quality products and minimize the impact on the environment by doing things the right way,” says Ford Supply Chain Sustainability Senior Manager Mary Wroten. “Having suppliers that want to share that responsibility shows we can work together to reduce our collective environmental footprint, while still continuing to deliver great products.”