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May 5, 2008

Ford is first automaker to join Climate Registry

Dearborn, Michigan – Ford has become the first automaker to join The Climate Registry (TCR), a non-profit organization established to measure and publicly report greenhouse gas (GHG) emissions using a single reporting standard across industry sectors.

TCR represents a linking of several state-sponsored GHG emissions reporting efforts, including the California Climate Action Registry and the Eastern Climate Registry. Many Canadian provinces, some Mexican states and nearly all U.S. states have adopted TCR’s program, eliminating a patchwork of reporting standards that could lead to time-consuming and unnecessary complexity in the system. TCR’s reporting protocol is based on the internationally-recognized standards of the World Resources Institute and World Business Council on Sustainability (WRI/WBCSD), an approach Ford has voluntarily supported since 2001.

“We endorse the TCR’s reporting process because it has adopted the WRI/WBCSD reporting structure, which will ultimately lead to a common, single reporting standard worldwide,” said Larry Merritt, manager, Global Environmental Policy, Ford Motor Company. “A single reporting standard is easier for its members and administrators to manage and more cost-effective than developing new tools on a state-by-state basis.”

To become a TCR member, Ford must demonstrate environmental stewardship in several areas by voluntarily committing to measure, independently verify and publicly report GHG emissions on an annual basis, using TCR’s General Reporting Protocol. Ford will leverage is emissions monitoring and reporting experience with the Chicago Climate Exchange to support its commitment to TCR.

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