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 32 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Federal Express (FedEx) reported total carbon emissions of approximately 21,531,415,000 kg CO2e, which includes Scope 1 emissions of about 15,804,636,000 kg CO2e, Scope 2 emissions of approximately 918,981,000 kg CO2e, and Scope 3 emissions totalling around 4,807,798,000 kg CO2e. This data highlights the company's significant carbon footprint across its global operations. FedEx has set ambitious climate commitments, aiming for carbon-neutral operations by 2040. This target encompasses all scopes of greenhouse gas emissions, including Scope 1 and 2 emissions from its direct operations and Scope 3 emissions from contracted transportation. The commitment reflects FedEx's dedication to sustainability and reducing its environmental impact in the logistics industry. In 2021, FedEx's emissions were reported at approximately 21,448,385,000 kg CO2e, indicating a growing awareness and response to climate change challenges. The company continues to disclose its emissions data and reduction initiatives, demonstrating transparency and accountability in its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2018 | 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 | 00,000,000,000 |
Scope 2 | 1,065,689,000 | 0,000,000,000 | 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 | 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 not participating in any 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.