New tool allows customers to measure the carbon footprint of their shipments so they can improve transparency in their sustainability reporting
FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers in Australia access to estimated emissions information on their international shipments within the FedEx transportation network. Customers in Australia and select Asia Pacific, Middle East, and Africa (AMEA) markets* can use the data to help make informed decisions on their future shipping strategy in order to reduce their impact on the planet.
Created by FedEx Dataworks, the innovative cloud-based data engine uses near-real-time FedEx network data to estimate CO2e emissions. Customers can view estimated emissions data for individual tracking numbers as well as aggregate historical data for their accounts. Data displayed in the tool includes mode of transport, service type, and country or territory for all eligible FedEx Express® shipments.**
With sustainability being a strategic priority for businesses of all kinds, FedEx® Sustainability Insights is a tool that can give customers better visibility of emissions within their supply chains and support reporting and strategic future planning.
“Environmental stewardship and transparent sustainability reporting is now a universal business imperative. At the same time, consumers also consider sustainability in their decision-making for e-commerce purchases,” said Kawal Preet, president of Asia Pacific, Middle East, and Africa region, FedEx Express. “FedEx® Sustainability Insights gives our customers direct access to emissions data they need to help them decide how to meet consumer expectations and drive their own business and sustainability efforts forward.”
“Advancing environmental sustainability priorities is becoming increasingly important for our customers. Going forward, we will be able to support them with direct access to emissions data to support their own carbon emission goals,” said Peter Langley, vice president, FedEx Express Australasia. “With the help of FedEx® Sustainability Insights, customers can better understand their shipping patterns and resulting environmental impact.”
This new offering complements the company’s ongoing efforts to achieve carbon neutral operations by 2040. FedEx globally is focusing on areas such as electrification of FedEx pickup and delivery vehicles; more efficient facilities, fuels, and fleets; and investments in natural carbon capture.
*In AMEA, FedEx® Sustainability Insights is currently available to customers in Australia, Macau, Malaysia, New Zealand, Philippines, Singapore, Bahrain, South Africa, Botswana, Egypt, India, Malawi, Namibia, Eswatini/ Swaziland, Zambia, Kenya, Kuwait, Jordan, Oman, and Nigeria. Remaining eligible AMEA markets will be added in coming months. Shipments made on TNT accounts are not included in FedEx® Sustainability Insights emissions reports.
** FedEx® Sustainability Insights calculates estimated greenhouse gas emissions (CO2 equivalent) using a methodology that follows the World Resources Institute (WRI) Greenhouse Gas (GHG) Protocol, conforms to the and Global Logistics Emissions Council (GLEC) Framework, and includes industry standard emission factors, utilities, and transportation specific operational metrics. Certain emissions information outside the U.S. and Canada may be incomplete due to system incompatibility. Excluded data includes, but is not limited to, domestic shipment data for certain countries/territories, including, but not limited to, Australia, Brazil, China, France, and Poland. A detailed download of what shipments are included in the report is available. Exclusions are updated periodically and are subject to change without notice.