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Details 11 March 2021 The FedEx corporation has announced a firm commitment to fully carbon-neutral operations by 2040. To get there, the company is making an initial investment of US$2 billion across three areas: vehicle electrification, sustainable energy, and carbon sequestration. FedEx has made an additional US$100 million donation to Yale University for the formation of a Yale Centre for Natural Carbon Capture, which will research ways to keep additional carbon dioxide from entering our atmosphere. In the meantime, the centre will also look into carbon ...

Part of logistics giant’s overall carbon neutrality plan.

Ambitious plan includes electrifying the global parcel pickup and delivery fleet and establishing the Yale Center for Natural Carbon Capture to advance sequestration solutions

FedEx Commits To Carbon-Neutral Operations By 2040 MEMPHIS, TENN.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX), home of the world’s largest cargo airline, announced today an ambitious goal to achieve carbon-neutral operations globally by 2040. FedEx Corp. (NYSE: FDX), home of the world’s largest cargo airline, announced today 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. (Photo: Business...

FedEx had kneeled before mankind, vowing to become a carbon-neutral business by 2040. That’s roughly eight years longer than it’ll probably take most of the population to forget that the promise was ever made. But this is the way of the world and we wager it won’t be long before it’s just easier to list […]