Posted on July - 26 - 2011
FedEx measures up on its social, environmental goals
In its 2010 Global Citizenship Report, FedEx outlined substantial progress on goals of improving vehicle fuel economy 20 percent and reducing aircraft carbon dioxide emissions 20 percent by 2020pared to levels of 2005.
FedEx sprinted ahead last year in efforts to reduce its carbon footprint while delivering 8.5 million packages a day, thepany said Monday.
The FedEx 2010 Global Citizenship Report outlined substantial progress on goals of improving vehicle fuel economy 20 percent and reducing aircraft carbon dioxide emissions 20 percent by 2020,pared to benchmark year 2005.
Fuel economy, bolstered by a more efficient fleet, route optimization technology and driver training initiatives, is up 15.1 percent. FedEx said carbon dioxide emissions by the FedEx Express fleet are down 13.5 percent.
FedEx said its overall enterprise, which generated $39.3 billion in revenues in the fiscal year ending May 31, was directly or indirectly responsible for nearly 15.2 million metric tons of carbon dioxide emissions in 2010, a 7 percent drop from 2009.
Do the latest figures suggest it’s time to set higher goals?
“We continue to evaluate our goals on an ongoing basis, and are very encouraged by our progress,” said Mitch Jackson, FedEx Corp.

