Federal Express
Federal Express Corporation, commonly known as FedEx, is a leading global courier delivery services company headquartered in the United States. Founded in 1971, FedEx revolutionised the logistics industry with its overnight shipping service, establishing a strong presence in North America, Europe, and Asia. Operating primarily in the transportation and logistics sector, FedEx offers a range of services, including express parcel delivery, freight transportation, and e-commerce solutions. Its unique hub-and-spoke model allows for efficient package sorting and distribution, setting it apart from competitors. With a commitment to innovation, FedEx has achieved numerous milestones, including the introduction of tracking technology and a robust global network. Today, it stands as a market leader, recognised for its reliability and speed, making it a preferred choice for businesses and consumers alike.
DitchCarbon Score
How does Federal Express's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Transport Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Federal Express's score of 37 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Federal Express's reported carbon emissions
In 2023, Federal Express (FedEx) reported total carbon emissions of approximately 21,531,415,000 kg CO2e, with emissions from Scope 1 at about 15,804,636,000 kg CO2e, Scope 2 at approximately 918,981,000 kg CO2e, and Scope 3 at around 4,807,798,000 kg CO2e. This reflects a commitment to reducing their carbon footprint across all scopes, with a significant target to achieve carbon-neutral operations by 2040. This goal encompasses Scope 1 and 2 greenhouse gas emissions, as well as contracted transportation emissions under Scope 3. FedEx has demonstrated a consistent focus on sustainability, with emissions intensity decreasing over the years. For instance, in 2022, their total emissions were about 22,247,331,000 kg CO2e, indicating a slight reduction in emissions relative to revenue growth. The company aims to enhance its sustainability efforts further, aligning with industry standards and climate commitments to mitigate climate change impacts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 14,101,552,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,065,689,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Federal Express is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
