The famous FedEx shipping envelope, which is already 100% recycled and recyclable, is now also carbon neutral.
For every FedEx Envelope, the company’s most widely used shipping option, FedEx Express will invest in global projects displacing or sequestering greenhouse gas emissions.
FedEx Express will calculate the amount of CO2 released annually as a result of the shipping of its FedEx Envelope and purchase the equivalent amount of CO2 offsets from the not-for-profit BP Target Neutral.
Projects that will be supported in this way include a biogas farm facility in the Netherlands, a reforestation project in the Tanzanian Southern Highlands and a landfill gas collection system in Thailand.
“By making FedEx Envelope’s shipping carbon-neutral, we are extending our support for renewable energy solutions – innovations today that we hope will be standards in the future,” says senior vice president of global marketing, Rajesh Subramaniam.
The innovation is the latest in a series aiming to help the company meet ambitious emission reduction targets.
Four years ago the company set goals for global aviation CO2 reduction and fuel efficiency for its commercial vehicle fleet.
By the end of last year, FedEx had cut its aviation CO2 emissions by nearly 14% compared to 2005 levels and improved its fleet fuel efficiency by more than 16%. The company has also installed more than 6 MW of solar capacity.
Meanwhile, aerospace and defense company Lockheed Martin has announced that it has achieved its five-year global environmental goals a year ahead of schedule.
The company has reduced its carbon emissions, water use and waste-to-landfill by 25% compared to 2007 levels despite increasing revenues 12%.
The 30% cuts to carbon emissions came via a major energy efficiency drive, including switching to high efficiency lighting and HVAC systems, using wood waste to power its Owego plant in New York and buying renewable solar and wind energy.
For further information:
Volkswagen commits to environmental production (7-Mar)
O2 thinks big on carbon savings (7-Feb)
Six companies named as global leaders in cutting emissions (5-Dec)
FedEx to add 24 electric and 4000 fuel efficient vehicles to fleet (5-Jul 2011)
11 April 2012