Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    LambdaTest introduces an AI-powered Test Failure Analysis feature in its smart test orchestration platform HyperExecute

    June 6, 2023

    New Circular Platform Multi-Client Study Announced by McFadyen Digital

    June 6, 2023

    Tom Cruise and cast to grace Abu Dhabi’s Mission: Impossible premiere

    June 6, 2023
    Facebook Twitter Instagram
    Algeria News HubAlgeria News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Algeria News HubAlgeria News Hub
    Home » FedEx plans to go Carbon-Neutral by 2040
    Business

    FedEx plans to go Carbon-Neutral by 2040

    March 12, 2021
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    FedEx Corp, one of the world’s largest cargo airline, announced 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.

    FedEx plans to go Carbon-Neutral by 2040
    This includes a pledge of $100 million to Yale University to help establish the Yale Center for Natural Carbon Capture, accelerating research into methods of carbon sequestration at scale, with an initial focus on helping to offset greenhouse gas emissions equivalent to current airline emissions.

    By 2040, the entire FedEx parcel pickup and delivery (PUD) fleet will be zero-emission electric vehicles. This will be accomplished through phased programs to replace existing vehicles. For example, by 2025, 50% of FedEx Express global PUD vehicle purchases will be electric, rising to 100% of all purchases by 2030.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    EU’s €1.1 billion bicycle exports highlight shift to sustainable living

    June 3, 2023

    Strengthening UAE-India relations: Top diplomats discuss economic partnership

    June 3, 2023

    Global stocks surge as US debt ceiling agreement brings relief

    May 29, 2023

    Global clean energy investment set to reach $1.7 trillion, overtaking oil production

    May 27, 2023

    European Investment Bank supports circular economy with €3.4 billion lending

    May 27, 2023

    Successful UAE-India partnership stands as a model of bilateral cooperation

    May 27, 2023
    Latest News
    Entertainment

    Tom Cruise and cast to grace Abu Dhabi’s Mission: Impossible premiere

    June 6, 2023

    The stage is set for the Middle East premiere of the highly anticipated film, Mission:…

    Game-changing Macs: Apple launches Mac Studio and Mac Pro with revolutionary Apple silicon

    June 6, 2023

    Apple redefines laptop excellence with the thinnest 15-inch MacBook Air

    June 6, 2023

    EU’s €1.1 billion bicycle exports highlight shift to sustainable living

    June 3, 2023

    Strengthening UAE-India relations: Top diplomats discuss economic partnership

    June 3, 2023

    Ayurveda vs science: Decoding the cold water conundrum

    June 2, 2023

    UN urges immediate action to prevent food and aid crises in cyclone-hit Myanmar

    June 2, 2023

    Big tobacco’s big lie: Philip Morris’ smoke and mirrors strategy

    June 1, 2023
    © 2021 Algeria News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.