Award Presented at Sun 'n Fun, Lakeland, FL
FedEx is the Lindbergh Foundation’s fourth recipient of its Corporate Award for Balance, which is presented to a corporation or organization whose concern for and dedication to the environment and improving our quality of life is demonstrated through their business practices.
FedEx Corp., was chosen to receive the 2010 Corporate Award for Balance because of the great strides they have taken to become an environmentally responsible corporation. Over the years FedEx has focused significant time and effort on recycling, minimizing packaging, using hybrid fleet vehicles, employing solar power, and seeking ways to conserve energy in their facilities, company-wide. “These endeavors make FedEx an admirable choice for the 2010 Lindbergh Foundation Corporate Award for Balance and a company that so many others can look up to as an example of corporate initiative, commitment and success,” said Larry Williams, Lindbergh Foundation Chairman, President and CEO.
Frederick W. Smith, Chairman, President and CEO of FedEx Corp., said, “FedEx seeks to connect the world responsibly and resourcefully, tapping into its innovation roots, to make our business and the world more sustainable and efficient.”
With more than 600 aircraft in its fleet, reducing fuel consumption is not only good for the bottom line, it’s good for the environment. FedEx Corp’s Fuel Sense program uses rigorous operations and recent advancements in aircraft technology to significantly reduce emissions and fuel use in their aircraft fleet. FedEx has been upgrading its fleet by replacing narrow-body Boeing 727 aircraft with Boeing 757 planes, which will reduce fuel consumption up to 36%, while providing 20% more capacity. Upon completion, this aircraft replacement program is expected to reduce more than 350,000 metric tons of CO2 emissions annually. Other fuel saving measures FedEx uses include: wide-body planes with flight management systems use continuous approach descent, which keeps the plane in idle during the descent, reducing engine thrust and fuel; and converting ground support equipment from internal combustion engines to electric units at select airports saves nearly one million gallons of jet fuel monthly.
With more than 1.3 billion gallons of fuel consumed in 2006 alone, FedEx has encouraged research and development of more fuel-efficient vehicles as well as alternative fuel vehicles. FedEx operates the largest fleet of commercial hybrid delivery trucks in North America. In all, FedEx runs more than 1,800 alternative fuel vehicles and equipment around the world. By rebalancing their fleet and optimizing routes, FedEx Express has improved total fleet miles per gallon in the U.S. by 13.7% since 2005, saving 45 million gallons of fuel and more than 452,000 metric tons of CO2 emissions.
There’s even more to FedEx Corp’s commitment to environmental responsibility. FedEx has worked with Evirosmart and the Keystone Science School in Colorado to reduce waste and educate youth about the benefits of environmental conservation. Used printer cartridges are collected and sent to Evirosmart, which resells useful parts and returns the proceeds to FedEx. FedEx then invests the income into the Keystone Science School, which runs environmental education classes for children and adults.
Solar power is also an important component of FedEx’s conservation efforts. In 2005, FedEx Express activated a solar power installation at its Oakland California, West Coast hub. The 904-kilowatt system meets up to 80% of the facility’s peak energy demand — the equivalent of the power used by more than 900 homes during the day. The 81,000 square foot roof-top solar system generated more than 2 billion kilowatt hours of renewable energy in the first two years of operation, and a reduction of 324 tons of CO2 from being emitted into the atmosphere, the equivalent of 96 acres of forest saved, or a decrease of 850,000 miles driven a year. Additional solar installations are in progress at two locations in California. They are estimated to eliminate another 610 metric tons of greenhouse gas emissions every year.
For more information about FedEx, visit their web site.