FedEx to cut fleet emissions

FEDEX has announced plans to reduce carbon dioxide emissions from its aircraft fleet by 20 per cent and to improve the fuel efficiency of its vehicle fleet also by 20 per cent by 2020.

Since 2005, FedEx has reduced aircraft carbon dioxide emissions by 3.7 per cent per available ton mile and improved FedEx Express vehicle fuel efficiency by 13.7 per cent, reducing vehicle carbon emissions by almost 0.5 billion kilos.

“FedEx recognises that one of the most responsible steps we and the industrial sector can take for our businesses, society and the environment, is to reduce our dependence on fossil fuels,” said Frederick Smith, FedEx chairman, president and chief executive officer.