Energy Efficiency, Industrial, Solar - May 9, 2019
FedEx reports progress on reducing, replacing, revolutionizing
FedEx’s Reduce, Replace, Revolutionize strategy has contributed to a 37% reduction in CO2 emissions intensity on a revenue basis across the enterprise from FY09 to FY18, a period in which revenue grew by 84%.
This announcement came with the release of the company’s 11th annual Global Citizenship Report, which includes updates on the progress of the company’s citizenship goals in FY18, which ended on May 31, 2018, and focuses on the company’s corporate social responsibility strategies in three key areas: Company (Economy), People, and the Environment.
“Our reputation is built on the ability to connect people and possibilities,” said Mitch Jackson, chief sustainability officer, FedEx Corp. “We constantly strive to be a better corporate citizen while setting the standard for what it means to deliver positive impact for our team members, customers, and communities around the world.”
In a statement, the company said, “FedEx has made great strides in reducing its carbon emissions intensity through the company’s Reduce, Replace, Revolutionize strategy. The strategy focuses on reducing impacts and improving productivity while creating new, more efficient and innovative solutions.” Overall, these efforts have contributed to a 37% percent reduction in CO2 emissions intensity on a revenue basis across the enterprise since FY09, a period in which revenue grew by 84 percent.
FedEx has also expanded onsite energy generation and continues to procure renewable energy for its facilities. Three new solar installations were added in FY18 for a total on 23 total on-site solar installations at the end of FY18. The company generated 21 million kWh during the year.
FedEx announced it will be adding 1,000 Chanje V8100 electric vehicles to the FedEx Express fleet in California. The EVs can travel more than 150 miles when fully charged and have the potential to help FedEx save 2,000 gallons of fuel while avoiding 20 tons of emissions per vehicle each year. In addition, FedEx added 445 electric vehicles in FY18, bringing the total number of EVs to more than 2,554.
The company’s goal to obtain 30% of jet fuel from alternative fuels by 2030 reached a milestone as Red Rock Biofuels, which will supply low-carbon, renewable jet fuel to FedEx Express, broke ground on its bio refinery in Lakeview, Oregon in July 2018. The first delivery of alternative jet fuel is anticipated in 2020. Also in 2018, the ecoDemonstrator, a Boeing 777F built for FedEx Express, became the first FedEx plane to fly 100% on biofuel during a short-term period that also tested and gathered data on 35 new technologies.
However, the company acknowledged in the report that "our progress falls short of the overall improvements needed to meet our 2020 reduction goal" for aircraft emissions intensity, citing the challenges of higher shipping volumes and the need to maintain older aircraft marked for retirement while awaiting production of more efficient replacements.
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