Another One: FedEx Vows to Become Carbon Neutral by 2040

Matt Posky
by Matt Posky
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another one fedex vows to become carbon neutral by 2040

FedEx had kneeled before mankind, vowing to become a carbon-neutral business by 2040. That’s roughly eight years longer than it’ll probably take most of the population to forget that the promise was ever made. But this is the way of the world and we wager it won’t be long before it’s just easier to list the companies and governments that have not made informal, often empty commitments about the environment.

But, before we throw FedEx into the camp of blatant placation, let’s see what it actually has planned.

The parcel service’s plan involves six layers of action, starting with electrification. FedEx has promised its pickup and delivery fleet will be comprised exclusively of zero-emission EVs by 2040. This will allegedly be accomplished “through phased programs to replace existing” trucks. The company gave an example where 50 percent of Express delivery vehicle purchases would be electric by 2025, with all subsequent purchases being EV only by 2030 – though it did not say this would be exactly how things played out.

Everything else requires a bit more imagination, though a few might actually yield better environmental results than blowing a bunch of cash on EVs. One of our favorites is its plan to work with customers to bolster supply chain sustainability. Most of this is being done via carbon-neutral shipping options and new packaging solutions and seems like an easy enough (and immediate) way to help mitigate wastefulness.

FedEx also plans on investing in sustainable fuels for aircraft and trucks, deploying new forms of fleet monitoring (sky and ground-based) targeting fuel savings, and reconfiguring its facilities to use less energy. There’s even a plan to fund the Yale Center ($100 million) in researching Natural Carbon Capture methods.

“While we’ve made great strides in reducing our environmental impact, we have to do more. The long-term health of our industry is directly linked to the health of the planet, but this effort is about more than the bottom line – it’s the right thing to do,” Mitch Jackson, Chief Sustainability Officer, FedEx, stated. “At FedEx, we are committed to connecting people and possibilities resourcefully and responsibly. The steps we are taking today will contribute a positive impact for generations to come.”

The company has already committed itself to spend $2 billion toward its greener visions but we still think the publicity this kind of investment offers is probably worth more than whatever fruit it manages to yield. As a byproduct, it may also help keep FedEx from falling behind when and if widespread electrification becomes more feasible.

“We have a responsibility to take bold action in addressing climate challenges,” explained Frederick W. Smith, Chairman and CEO, FedEx Corp. “This goal builds on our longstanding commitment to sustainability throughout our operations, while at the same time investing in long-term, transformational solutions for FedEx and our entire industry.”

Be sure to check back in 20 years to see how that worked out.

[Image: FedEx]

Matt Posky
Matt Posky

Consumer advocate tracking industry trends, regulation, and the bitter-sweet nature of modern automotive tech. Research focused and gut driven.

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6 of 32 comments
  • Inside Looking Out Inside Looking Out on Mar 04, 2021

    Why EV van cannot cover 300 miles on one charge per day?

    • See 1 previous
    • RHD RHD on Mar 27, 2021

      Because if some anti-progressive posts it on the internet, it must be true.

  • Lou_BC Lou_BC on Mar 06, 2021

    I read somewhere that the cheapest solution to greenhouse gasses is to plant billions of trees. I kinda like the slogan, "More trees. Less Azzholes."

    • See 1 previous
    • RHD RHD on Mar 27, 2021

      Reforestation is one piece of the puzzle. Most of the CO2 is photosynthesized by algae in the oceans. CO2 has also been absorbed by seawater, which over the decades has become more acidic as a result. That acidity is rather harmful, to put it mildly, to shellfish, coral and other ocean life, and will take a very long time to be reversed.

  • 28-Cars-Later "But Assemblyman Phil Ting, the San Franciscan Democrat who wrote the electric school bus legislation, says this is all about the health and wellbeing of Golden State residents. In addition to the normal air pollution stemming from exhaust gasses, he believes children are being exposed to additional carcinogens by just being on a diesel bus."Phil is into real estate, he doesn't know jack sh!t about science or medicine and if media were real it would politely remind him his opinions are not qualified... if it were real. Another question if media were real is why is a very experienced real estate advisor and former tax assessor writing legislation on school busses? If you read the rest of his bio after 2014, his expertise seems to be applied but he gets into more and more things he's not qualified to speak to or legislate on - this isn't to say he isn't capable of doing more but just two years ago Communism™ kept reminding me Dr. Fauxi knew more about medicine than I did and I should die or something. So Uncle Phil just gets a pass with his unqualified opinions?Ting began his career as a real estate  financial adviser at  Arthur Andersen and  CBRE. He also previously served as the executive director of the  Asian Law Caucus, as the president of the Bay Area Assessors Association, and on the board of  Equality California. [url=][1][/url][h3][/h3]In 2005, Ting was appointed San Francisco Assessor-Recorder in 2005 by Mayor  Gavin Newsom, becoming San Francisco’s highest-ranking  Chinese-American official at the time. He was then elected to the post in November 2005, garnering 58 percent of the vote.Ting was re-elected Assessor-Recorder in 2006 and 2010During his first term in the Assembly, Ting authored a law that helped set into motion the transformation of Piers 30-32 into what would become  Chase Center the home of the  Golden State Warriors
  • RHD This looks like a lead balloon. You could buy a fantastic classic car for a hundred grand, or a Mercedes depreciationmobile. There isn't much reason to consider this over many other excellent vehicles that cost less. It's probably fast, but nothing else about it is in the least bit outstanding, except for the balance owed on the financing.
  • Jeff A bread van worthy of praise by Tassos.
  • Jeff The car itself is in really good shape and it is worth the money. It has lots of life left in it and can easily go over 200k.
  • IBx1 Awww my first comment got deletedTake your “millennial anti theft device” trope and wake up to the fact that we’re the only ones keeping manuals around.