FedEx: Driving Sustainability: FedEx's Commitment to Carbon Neutral Operations and a Greener Global Supply Chain by 2040

In This Article: NORTHAMPTON, MA / ACCESS Newswire / February 18, 2025 / Originally published in FedEx's 2024 Global Economic Impact Report Delivering a more sustainable future FedEx works hard every day to make global supply chains smarter for everyone by leveraging advanced technologies to help optimize logistics. These efforts have a natural alignment with the company's longstanding work to improve the efficiency and sustainability of its operations. Between FY 2009 and FY 2023, FedEx reduced its carbon dioxide equivalent emissions intensity on a revenue basis by 48%, even as volume grew by 121%. Further, the company continues to address the challenges presented by climate change as it works toward a goal of carbon neutral global operations by 2040, guided by our strategy: decarbonize what's possible, co-create with purpose, and neutralize what's left. FedEx is determined to continue making progress on its operational goals while also providing direct investments and advocacy to promote sustainable technologies and practices that will help transform the transportation and logistics sector. 37 Transportation fleets and fuels Electrification offers a significant opportunity to reduce the environmental impact of the FedEx global fleet, which includes more than 200,000 motorized vehicles across several vehicle classes. FedEx has set a goal of transitioning its entire parcel pickup and delivery (PUD) fleet to zero-tailpipe emission vehicles by 2040. In addition to these fleet electrification efforts, FedEx is working to reduce emissions from road and air transport by incorporating cost-effective alternative fuels and modernizing its fleet. Sustainable facilities When building or expanding facilities, FedEx includes programs and technology to manage waste, conserve water, and reduce the carbon footprint of its operations. In addition to the facilities and projects highlighted in the regional spotlight sections of this report, other notable projects from FY 2024 include: FedEx opened its refurbished gateway at the Adolfo SuárezMadrid Barajas Airport, which includes a 156-panel solar array that is estimated to produce approximately 95 megawatt hours of electricity annually. The panels will produce about 17% of the facility's energy needs. Other sustainable features include LED lighting and a smart water management system to reduce water use. FedEx in Mainland China launched a "GoGreen" contest - in which more than 11,000 FedEx team members participated - to save water, electricity, fuel, and paper in day-to-day operations. FedEx opened its Asia Pacific headquarters in Singapore, using green-certified renovation products. About 80% of the new materials meet local certification standards. Additionally, the building features energy-efficient electrical fixtures and automatic lighting controls to reduce energy consumption. FedEx China's new headquarters in Shanghai, which opened in January 2024, utilizes a variety of leading energy-saving technologies and facilities, notably LED sensor lights in work areas that automatically adjust lighting levels based on employee density and needs. The facility is LEED (Leadership in Energy and Environmental Design) Gold certified. In Thailand, FedEx collaborated with N15 Technology to turn more than 120 kilograms of waste - such as plastic wrap, label stickers, and paper cores - into refuse-derived fuel. In Morwell, Australia, FedEx opened a new shipping station equipped with sustainable building features to reduce impact on the environment, including energy-saving LED lighting and a system to collect and reuse rainwater on site. Empowering customers and communities Along with efforts to reduce the environmental impact of its business operations, FedEx also provides tools to empower customers that are working toward their own sustainability goals and deploys resources to support emerging climate technology solutions and more sustainable communities. First launched in the U.S. in May 2023, FedEx® Sustainability Insights is now available in 34 languages and in more than 100 markets around the world. The tool allows customers to estimate the carbon footprint of their eligible shipments within the FedEx network, supporting their own emissions reporting. FedEx and the World Resources Institute have been teaming up since 2010 to create what is now the Mobility and Accessibility Program (MAP). MAP is helping cities around the world transform their public transportation systems, making them safer, more efficient, and more sustainable. Now in its 15th year, MAP has impacted more than 23 million people while avoiding over 1 million MT CO2e. Key programs include the expansion of Mobility-as-aService into Shanghai, supporting India's pledge of 50,000 electric buses by 2027, and significantly improving accessibility and safety with 2,000 new bus shelters in two Brazilian cities. For the second year in a row, FedEx funded EIT Climate-KIC's Sustainable Cities Mobility Challenge in Europe. In FY 2024, five cities across Spain, Portugal, the Netherlands, and the UK were selected to receive funding for projects that support the transition toward cleaner, greener, and more people-friendly transport. For more information on FedEx sustainability efforts worldwide, see the 2024 ESG Report . 37 This section includes a preview of FedEx sustainability achievements and advancements from FY 2024. A comprehensive summary of enterprise-wide sustainability data for FY 2024 will become available in the next iteration of the FedEx ESG Report, set to be published in CY 2025. Read more Click here to learn about FedEx Cares, our global community engagement program. View additional multimedia and more ESG storytelling from FedEx Services on 3blmedia.com. Contact Info: Spokesperson: FedEx Services Website: https://www.3blmedia.com/profiles/fedex-services Email: info@3blmedia.com SOURCE: FedEx Services View the original press release on ACCESS Newswire