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.
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.
Mean score of companies in the Land Transportation 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.
Federal Express's score of 49 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Federal Express (FedEx) reported total carbon emissions of approximately 14,842,148,000 kg CO2e for Scope 1, 966,871,000 kg CO2e for Scope 2 (market-based), and 6,361,186,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 15,804,636,000 kg CO2e in 2023, while Scope 2 emissions remained relatively stable compared to the previous year. The company has set an ambitious target to achieve carbon-neutral operations by 2040, encompassing all scopes of emissions, including Scope 1, 2, and contracted transportation emissions under Scope 3. FedEx aims for a 30% reduction in absolute Scope 1 and 2 emissions by 2025, using 2005 as a baseline. This commitment is part of their broader strategy to enhance sustainability across their operations. The company has also previously announced a goal to reduce aircraft emissions intensity by 30% per available ton-mile flown by 2025, extending an earlier target from 2020. Overall, FedEx's climate commitments reflect a proactive approach to addressing carbon emissions, with a clear roadmap towards achieving significant reductions and ultimately reaching carbon neutrality by 2040.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 1,094,867,000 | - | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 3,099,293,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 participating in some of the initiatives that 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.