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2040
Target Year
44.0Mt
Total CO2e / year
$88B
Revenue
530K
Employees
Scope 1 & 2 (direct operations) vs Scope 3 (value chain)
21.0Mt
Direct operations & purchased energy
23.0Mt
Supply chain & value chain
44.0Mt
All scopes combined
SBTi validates that corporate emissions reduction targets are consistent with the latest climate science.
CDP scores range from A (leadership) to D- (disclosure), rating corporate environmental transparency and performance.
FedEx's total annual emissions of 44 megatonnes CO2e is equivalent to the annual emissions of approximately 10 million average cars. Scope 3 (value chain) emissions account for 52.3% of the total — typical for logistics companies, where upstream and downstream activities dominate the carbon footprint.
FedEx has committed to achieving Carbon-neutral operations globally by 2040, with a 50% reduction target from a 2019 baseline. Their offset strategy involves: SAF + fleet electrification + carbon sequestration.
FedEx's total reported emissions are 44 megatonnes CO2 equivalent per year. This breaks down to 21Mt from Scope 1 & 2 (direct operations) and 23Mt from Scope 3 (value chain).
FedEx is in an "Early Stage" of its net-zero journey, with 15% progress. The company has set targets but implementation is still in early phases.
FedEx's targets have not been validated by SBTi. Their current SBTi status is: Committed. SBTi validation provides independent assurance that targets are science-based.
FedEx ESG Report 2024 (latest report year: 2024)
Emissions figures represent the most recently reported annual data. Progress assessments incorporate SBTi validation, CDP scoring, and independent analysis.