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 33 is higher than 95% 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. This figure includes emissions from all three scopes: Scope 1 emissions were about 15,804,636,000 kg CO2e, primarily from mobile and stationary combustion. Scope 2 emissions totalled approximately 918,981,000 kg CO2e, while Scope 3 emissions reached about 4,807,798,000 kg CO2e, largely from upstream transportation and distribution. FedEx has set an ambitious target to achieve carbon-neutral operations by 2040. This commitment encompasses all scopes of greenhouse gas emissions, including Scope 1, 2, and contracted transportation emissions under Scope 3. The company aims to implement strategies that will significantly reduce its carbon footprint across its global operations. In recent years, FedEx has shown a slight fluctuation in emissions, with total emissions recorded at approximately 22,247,331,000 kg CO2e in 2022 and 21,448,385,000 kg CO2e in 2021. The company continues to focus on sustainability initiatives to meet its long-term climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 15,235,320,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 948,280,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,230,571,000 | 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.
