MEMPHIS, Tenn., March 29, 2016 — FedEx Corp. (NYSE: FDX) announced today the online release of its 2016 Global Citizenship Report (GCR), which details the company’s commitment to connect the world in responsible and resourceful ways. The report includes annual updates on the company’s environmental, community and economic development initiatives.
Among the highlights of this report, FedEx Express announced that it has surpassed its goal to boost vehicle fuel efficiency by 30%–some five years early. The company achieved the goal through its “Reduce, Replace, Revolutionize” strategy:
- Reduce overall mileage by optimizing routes
- Replace vehicles with more efficient models
- Revolutionize the vehicle fleet with alternative fuel vehicles
In addition, the report includes details of the FedEx Fuel Sense program, which saved more than $1 billion in jet fuel since 2007 and avoided more than 4 million metric tons of carbon emissions. The FedEx Fuel Sense team is charged with identifying efficiencies across the company’s aviation operations. All team members who work with aircraft are asked to adopt a fuel-efficient mindset and search out innovative ways to help save fuel.
Read more: fedex.com