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FedEx Corporation : FedEx Named to Maplecroft Climate Innovation Leaders Index

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04/25/2012 | 04:49pm CEST
FedEx Named to Maplecroft Climate Innovation Leaders Index

MEMPHIS, Tenn., Apr. 25, 2012 - FedEx Corp. (NYSE: FDX) has announced its inclusion on the Maplecroft Climate Innovation Leaders Index, a rating of the 360 largest U.S. companies, undertaken by the risk analysis company.

The Maplecroft Climate Innovation Indexes (CIIs) are an exhaustive study of the largest multinational companies based in the U.S. and how they manage and adapt to climate change using innovation.  Companies are rated on more than 100 criteria, which include technological innovation and new working practices to combat climate change impacts, management of climate-related issues, adaption to physical climate-related risks, including natural disasters throughout the supply chain, and the reduction of emissions.

"Innovation is at the heart of our commitment to environmental stewardship with a focus on identifying sustainable solutions that will lead the way to a smarter future," said Mitch Jackson, staff vice president, Environmental Affairs and Sustainability, FedEx Corp. "Through programs such as our EarthSmart initiative, we have identified ways to increase fuel efficiency and reduce carbon emissions across our operations and supply chain. For example, earlier this month we launched a carbon-neutral shipping program for the FedEx Express envelope."

FedEx is the first global express transportation company to offer carbon-neutral envelope shipping at no extra charge to the customer.

This is the first time FedEx has been listed in the top #100 of the Maplecroft Climate Innovation Index, moving up 150 spots to #37 on the list of multinational companies.  FedEx has also ranked among the top 20 in the FORTUNE Most Admired Companies list and earned accolades for its reputation and culture among numerous regional rankings throughout the world. 

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $42 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.

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