FedEx saves $1 billion in fuel and cuts emissions

0
88
FedEx Boeing 777 Freighter

FedEx has surpassed its fuel efficiency goal and says it saved $1 billion in aircraft fuel and cut carbon emissions by four million tonnes since 2007.

The integrator released the details in its annual Global Citizenship Report (GCR) – detailing updates on the company’s environmental, community and economic development initiatives.

The report highlights FedEx has surpassed its goal to boost fuel efficiency by 30 per cent five years early – and has saved over $1 billion in aircraft fuel through its Fuel Sense Program, run since 2007.

FedEx says it achieved savings through its “Reduce, Replace, Revolutionize” strategy – which includes to reduce overall mileage by optimising routes, replace vehicles with more efficient models and revolutionise the vehicle fleet with alternative fuel vehicles.

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.

FedEx vice president of environmental affairs and sustainability, Mitch Jackson says: “FedEx is committed to being a positive force in the communities we serve. This means advancing programs that support the environment, improving the safety of our streets and putting our global transportation network to work to provide disaster relief where it’s needed most.”

FedEx also says it invested more than $53 million in community programs globally in 2015 focused on disaster relief and resilience, employment opportunities for underserved youth, and safer and more sustainable communities.

The company also announced a commitment to invest $200 million in more than 200 communities worldwide by 2020 to create opportunities and deliver positive change around the world.

FedEx entered into an agreement with Colorado-based Red Rock Biofuels to purchase alternative aircraft fuel made from wood waste. Starting in 2017, FedEx will blend the first six million gallons of this aircraft fuel at our Oakland hub in California, ultimately producing at least 48 million gallons over an eight-year term.

Five new solar installations came online in 2015 bringing the total to 15, helping avoid more than 4,600 metric tonnes of CO2 emissions.