Reduce your carbon footprint with FedEx
Jun 1, 2023 · 2 minutes read
What is a carbon footprint, and how is it measured?
People, animals, and businesses all have a carbon footprint. In terms of global averages, the US is second only to China when it comes to carbon emissions. Transportation, food, consumption, and energy use determine how much carbon dioxide and methane an individual or organization creates. These rising emissions produce a greenhouse effect, which impacts climate change and pollution.How will the new FedEx Sustainability Insights help your business?
A recent round-up of sustainability statistics showed that 78% of consumers say sustainability is important— and they put their money where their mouth is. Products marketed as sustainable grew 2.7x faster than those that were not.FedEx Sustainability Insights is a cloud-based tool that uses "near real-time" FedEx network data to give e-commerce customers historical and estimated emissions data. The tool, created by FedEx Dataworks, tracks domestic and global FedEx Express, Ground, and Freight shipments to give you a holistic view of your carbon impact.
Your business can use this information to:
- Note shipping trends
- Monitor your environmental impact
- Create reports for customers and stakeholders regarding how you impact the environment
- Take steps to reduce your carbon footprint
How does FedEx Sustainability Insights fit with its long-term plans?
FedEx announced a goal to achieve carbon neutrality by 2040. They've invested over $2 billion in electric vehicles, sustainable energy, and carbon sequestration, and it's working. Despite increasing its average daily package volume by 142% from Fiscal Year 2009 to Fiscal Year 2022, the carrier reduced its emissions by almost 50% on a revenue basis.
Mike
ShipRx Partner