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 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.
Federal Express's score of 24 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Federal Express reported total carbon emissions of approximately 21,531,415,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions were about 15,804,636,000 kg CO2e, primarily from mobile combustion, while Scope 2 emissions totalled approximately 918,981,000 kg CO2e. Additionally, Scope 3 emissions reached around 4,807,798,000 kg CO2e, with significant contributions from upstream transportation and distribution. Over the past few years, Federal Express has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were approximately 22,247,331,000 kg CO2e, indicating a slight decrease in 2023. The company has set an ambitious target to achieve carbon-neutral operations by 2040, focusing on Scope 1, Scope 2, and contracted Scope 3 emissions. This long-term goal reflects their dedication to sustainability and aligns with industry standards for climate action. Overall, Federal Express is actively working towards significant emissions reductions while maintaining transparency in its reporting and commitments to combat climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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 |
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 committed to some 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.