Federal Express

In 2025, Federal Express reported total carbon emissions of approximately 29.8 billion kg CO2e. This included about 13.9 billion kg CO2e from Scope 1 emissions, 1 billion kg CO2e from Scope 2 (market-based), and approximately 14.9 billion kg CO2e from Scope 3 emissions. For 2024, their total emissions were about 25.7 billion kg CO2e, with Scope 1 emissions at approximately 14.8 billion kg CO2e, Scope 2 (market-based) at about 966.9 million kg CO2e, and Scope 3 emissions around 9.8 billion kg CO2e.

Federal Express is committed to achieving carbon neutral operations by 2040, encompassing Scope 1 and 2 GHG emissions, and Scope 3 contracted transportation emissions.

The company has set several near-term Science Based Targets initiative (SBTi) commitments:

• Reduce absolute Scope 1 GHG emissions by 58.8% by FY2035 from a FY2024 base year.
• Reduce absolute Scope 2 GHG emissions by 58.8% by FY2035 from a FY2024 base year.
• Reduce absolute Scope 3 GHG emissions from fuel- and energy-related activities and upstream transportation and distribution by 35% by FY2035 from a FY2024 base year.
• Ensure that 70% of its suppliers by spend, covering purchased goods and services and capital goods, will have science-based targets by FY2030.

Additionally, Federal Express aims for a 40% reduction in aviation emissions intensity by 2034, based on a 2005 baseline. They also have an older target to reduce absolute Scope 1 and 2 emissions by 30% between 2005 and 2025.