- Increased shipping volume and flight activity due to the COVID-19 pandemic.
- Industry-wide labor shortages.
- Increased energy demand from electric vehicle charging.
FedEx Corporation
Greenhouse gas emissions & sustainability report data
In its FY21 (ended May 31, 2021) reporting, FedEx Corporation disclosed greenhouse gas emissions of 21.4M tCO2e/year (Scope 1 2 and 3). By scope: Scope 1: 16.7M tCO2e/year; Scope 2: 935.8K tCO2e/year; Scope 3: 3.9M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
21.4M tCO2e/year (Scope 1 2 and 3)
FY21 (ended May 31, 2021)
Waste
519.9K tons/year
FY21 (ended May 31, 2021)
Energy Use
308.2K TJ/year
FY21 (ended May 31, 2021)
📊 Emissions by Scope (FY21 (ended May 31, 2021))
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 16.7M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 935.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 3.9M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| FY21 (ended May 31, 2021) | 21.4M tCO2e/year (Scope 1 2 and 3) |
| 2023 | 21.5M tCO2e/year (Scope 1 2 and 3) |
| 2022 | 22.2M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon dioxide emissions intensity by 45% from FY09 through FY21, despite an 180% increase in average daily package volumes.
- Saved 65 million gallons of jet fuel from the FedEx Fuel Sense program in FY21.
- Saved over 146 million gallons of jet fuel and avoided almost 1.5 million metric tons of CO2e in FY21 through aircraft fleet modernization.
🎯 Climate & Sustainability Targets
🔜 Short-term
- By 2025: 50% of FedEx Express PUD fleet purchases will be electric.
📅 Medium-term
- By 2030: 100% of global FedEx Express pickup and delivery vehicle purchases are zero emission electric vehicles; 30% of jet fuel from alternative fuels.
🔭 Long-term
- By 2040: Achieve carbon neutral global operations; 100% electric FedEx parcel pickup and delivery vehicle fleet.
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and InclusionSafetySupply Chain SustainabilityCorporate Governance