Metropolitan Airport NewsMetropolitan Airport News

    Subscribe for Updates

    Get the latest local airport and aviation news delivered right into your inbox each week!

    News Updates

    The First American Woman in Space: Unveiling of Sculpture Honors Dr. Sally Ride

    June 18, 2022

    Our Lady of the Skies 2022 Annual Luncheon

    June 17, 2022

    Life-sized Lego Commercial Pilot Unveiled at JFK Terminal 4 Lego Store

    June 16, 2022
    Facebook Twitter Instagram
    Metropolitan Airport NewsMetropolitan Airport News
    • Latest News
      • Publisher’s Message
      • On Duty
      • Fast Five
      • Airport News
      • Air Cargo
      • Airline News
      • Aviation News
      • Airport Safety & Security
      • Airport Community
      • Airport Employment News
      • Airport Company Spotlight
      • Ground Services
      • Intermodal
      • New York Aviation History
      • Non-Rev Traveler
    • Airport & Aviation Events
    • Airport Employment
    • Latest Issue
    • Contact Us
    Metropolitan Airport NewsMetropolitan Airport News
    Home»Air Cargo»FedEx Commits to Carbon-Neutral Operations by 2040
    Air Cargo

    FedEx Commits to Carbon-Neutral Operations by 2040

    Metropolitan Airport NewsBy Metropolitan Airport NewsMarch 4, 2021No Comments4 Mins Read
    Facebook Twitter LinkedIn Email
    FedEx Commits to Carbon-Neutral Operations by 2040
    FedEx Corp. announced an ambitious goal to achieve carbon-neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration.

    FedEx Corp. announced an ambitious goal to achieve carbon-neutral operations globally by 2040.

    To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration.

    This includes a pledge of $100 million to Yale University to help establish the Yale Center for Natural Carbon Capture, accelerating research into methods of carbon sequestration at scale, with an initial focus on helping to offset greenhouse gas emissions equivalent to current airline emissions.

    “We have a responsibility to take bold action in addressing climate challenges,” said 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.”

    Key steps toward reaching the carbon neutral goal include:

    • Vehicle Electrification. By 2040, the entire FedEx parcel pickup and delivery (PUD) fleet will be zero-emission electric vehicles. This will be accomplished through phased programs to replace existing vehicles. For example, by 2025, 50% of FedEx Express global PUD vehicle purchases will be electric, rising to 100% of all purchases by 2030.
    • Sustainable Customer Solutions. FedEx will work with customers to offer end-to-end sustainability for their supply chains through carbon-neutral shipping offerings and sustainable packaging solutions.
    • Sustainable Fuels. FedEx will continue to invest in alternative fuels to reduce aircraft and vehicle emissions.
    • Fuel Conservation and Aircraft Modernization. FedEx will build on its successful FedEx Fuel Sense initiatives designed to reduce fuel consumption in its aircraft. Since 2012, the FedEx Fuel Sense and Aircraft Modernization programs have saved a combined 1.43 billion gallons of jet fuel and avoided over 13.5 million metric tons of carbon dioxide (CO2) emissions.
    • Facilities. FedEx will continue efforts to make its more than 5,000 facilities worldwide more sustainable through continued investments in efficient facilities, renewable energy, and other energy management programs.
    • Natural Carbon Sequestration. FedEx funding will help to establish the Yale Center for Natural Carbon Capture to support applied research into natural carbon sequestration solutions.

    The path toward sustainability requires new strategies for removing and storing Earth’s excess carbon. The Yale Center for Natural Carbon Capture will catalyze interdisciplinary research across the natural sciences and engineering in an effort to accelerate this work.

    Center researchers will develop methods that build on natural carbon storage systems, including biological ecosystems and the geological carbon cycle, improving, where possible, how quickly carbon can be absorbed, how much can be contained, and how long it can be stored. Through these efforts, Yale scientists aim to create a portfolio of carbon removal strategies that have impacts on a global scale.

    Building upon initial successes in the aviation sector, the center will broaden its scope to address additional global sources of emissions – publishing and sharing its findings so that businesses, industries, and governments can benefit from work that will accelerate the adoption and implementation of natural carbon capture strategies around the world.

    “Addressing climate change is a complex challenge that demands urgent action, and natural carbon capture strategies will be one key part of that action,” said Dr. Ingrid C. “Indy” Burke, the Carl W. Knobloch, Jr. Dean of the Yale School of the Environment. “Through the creation of the Yale Center for Natural Carbon Capture, we aim to develop measurable carbon capture strategies to help offset carbon emissions globally.”

    The FedEx commitment builds on a history of sustainable practices. Since 2009, the company’s efforts have contributed to an approximately 40% reduction in CO2 emissions intensity across the enterprise while package volume increased 99% during that period. Recently, FedEx was ranked first in its industry on JUST Capital’s 2021 list of “America’s Most Just Companies” in the environment category and first in the travel, transport and logistics sector of Newsweek’s “America’s Most Responsible Companies 2021.”

    “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,” said Mitch Jackson, Chief Sustainability Officer, FedEx Corp. “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.”

    Share. Facebook Twitter LinkedIn Email
    Metropolitan Airport News
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    Produced by a team of aviation professionals, and enthusiasts our mission is to inform and update the more than 68,000 employees who work on the metropolitan New York airport properties, as well as the many others that provide goods and services in the surrounding communities.

    RELATED NEWS & UPDATES

    “Namaste India”: Naming Ceremony of a Lufthansa Cargo B777F Freighter In Mumbai

    June 2, 2022

    Lufthansa Cargo Operates More Than 100 Cargo Flights for EgeTrans

    May 25, 2022

    MNG Airlines Becomes a New Customer for N-Flight Planning

    May 23, 2022

    Air France-KLM and CMA CGM Join Forces for Long-term Partnership in Global Air Cargo

    May 18, 2022

    Lufthansa Cargo Orders Ten Boeing Freighters

    May 9, 2022

    Collaboration and Partnerships are the Pillars of CargoAi’s Success

    May 9, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    UPCOMING AIRPORT EVENTS
    The Semantics and Friends 36th Annual Fishing Trip
    June 25, 2022
    7:00 AM
    Freeport Boatmen's Association
    New York
    Civil Air Patrol Falcon Squadron Meeting
    June 27, 2022
    7:00 PM to 9:00 PM
    • John F. Kennedy International Airport-(JFK)
    Jamaica, New York
    Civil Rights, Race, & Gender Equity: Pan Am's Diversity in Flight
    June 27, 2022
    1:00 PM to 4:30 PM
    • Cradle of Aviation Museum
    Garden City, New York
    • >> More Airport & Aviation Industry Events
    RELATED NEWS

    The First American Woman in Space: Unveiling of Sculpture Honors Dr. Sally Ride

    By Julia Lauria-BlumJune 18, 2022

    Today a monumental sculpture was publicly unveiled and dedicated to the late astronaut Dr. Sally…

    Life-sized Lego Commercial Pilot Unveiled at JFK Terminal 4 Lego Store

    June 16, 2022

    SAF Has Been Delivered to New York Using Existing Petroleum Pipelines

    June 15, 2022

    PLAY Reintroducing International Flights at New York Stewart International Airport

    June 10, 2022

    Subscribe for Updates

    Get the latest local airport and aviation news delivered right into your inbox each week!

    Metropolitan Airport News provides timely news, information and updates for both Port Authority of New York & New Jersey (PANYNJ) employees and businesses that provide services at, and around the major New York airports (JFK, LGA, EWR).

    John F. Kennedy International Airport
    PO Box 300877
    Jamaica, NY 11430 USA
    Phone: (347) 396-0904
    Email Us

    Facebook Twitter YouTube LinkedIn Flickr
    JUNE 2022 ISSUE
    Metropolitan Airport News - June-2022
    LATEST COMMENTS
    • Dayna Harap  - Fast Five on The JFK Air Cargo Association Names New President
    • Ryan on Cockpit Jumpseating: The Best Seat in the House
    • Roberta Bassin on Finding Charlie
    • About Us
    • Advertising
    • Charitable Giving Program
    • Back Issue Archive
    • Contact Us
    © 2022 Airport Media, Inc. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.