Home Sustainability FedEx Releases 2020 Global Citizenship Report

FedEx Releases 2020 Global Citizenship Report

136
0
SHARE

MEMPHIS, TENN.—FedEx Corp. recently announced the release of its 2020 Global Citizenship Report (GCR), which details  the company’s corporate social responsibility strategies, goals, programs and progress. The 12th annual report includes updates on the progress of the company’s citizenship goals in FY19, which ended May 31, 2019, and focuses on how the company connects the global economy through innovative technologies, pioneering approaches, and customer-facing solutions. The release comes as the company continues to use its global network to keep commerce and aid moving during the COVID-19 pandemic.

Highlights from this year’s report include:

Multiplying Growth

The company’s network connects people with possibilities and helps customers grow and sustainably meet their shipping needs. As e-commerce continues to balloon, FedEx is exploring alternative ways to deliver. For example, Roxo the FedEx SameDay Bot holds promise for safely delivering smaller shipments to customers’ homes and businesses and is entirely electric—using only batteries that produce zero localized emissions. Additional highlights include:

  • Between 2016 and 2019, FedEx helped nearly 10,000 small business owners access loans to grow their businesses.
  • In FY19, FedEx increased spending directed toward diverse and small-business suppliers by 28 percent over FY18.
  • In 2019 FedEx marked the first scheduled residential delivery via drone in the United States through our collaboration with Wing. The drone features autonomous GPS navigation, reaches speeds of up to 65 m.p.h., and delivers within a 6-mile range, all with zero emissions.

Multiplying Potential

People are at the heart of the company’s corporate philosophy. The focus on people is reflected in the “Safety Above All” culture and the commitment to provide a diverse, inclusive, and welcoming workplace. FedEx continued its investment in its people, including:

  • Providing over $15.3M in tuition assistance to more than 7,500 employees.
  • Expanding Learning inspired by FedEx (LiFE), a program developed by FedEx Express and the University of Memphis, which provides select hub team members the opportunity to earn a tuition-free degree online.
  • Aiming to source the most up-to-date, sophisticated safety technology for its vehicle fleet. At FedEx Freight, 98 percent of road tractors now include roll stability, forward collision mitigation with active braking and lane departure avoidance.

Multiplying Efficiencies

The efficient use of resources provides both cost savings and helps reduce environmental footprint. For example, enterprise-wide fuel and energy saving initiatives helped to avoid more than 3.14 million metric tons of CO2e emissions in the last fiscal year alone. Other highlights include:

  • Upgrading vehicle fleet, incorporating electric vehicles and making operational improvements avoided more than 250,000 metric tons of CO2e emissions in FY19.
  • The company anticipates Red Rock Biofuels will ship its first delivery of low-carbon, renewable jet fuel by the end of 2020.
  • On-site solar systems at FedEx facilities generated more than 23 million kWh of clean energy in FY19.

LEAVE A REPLY