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Activist shareholders relent, praise Ford's emissions target

Two activist shareholder groups who work together in an attempt to force automakers to care about green issues - the Interfaith Center on Corporate Responsibility and the Investor Network on Climate Risk Network (which includes the Connecticut State Treasurer's office) - have backed off of Ford. The groups are pleased with Ford's announcement that details how it will reduce greenhouse gas emissions by 30 percent in the next dozen years. The groups had targeted FoMoCo for a shareholder resolution but Ford's public comments have put such plans on ... Read more →

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