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Moving Packages and People More Sustainably
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FedEx Corporation: Moving Packages and People More Sustainably
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FedEx Sets Plan for Carbon-Neutral Operations by 2040
A FedEx Express electric van. (FedEx Corp.)
FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.
The company on March 3 said it plans to make an initial investment of more than $2 billion in the initiative, with sustainable energy and carbon sequestration joining electric vehicles as the three key areas of focus.
“We have a responsibility to take bold action in addressing climate challenges,” said FedEx CEO Fred Smith. “This goal builds on our long-standing commitment to sustainability throughout our operations, while at the same time investing in long-term, transformational solutions for FedEx and our entire industry.”