FedEx Corp

Common Name
FedEx
Country
United States
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
500,000
Ticker
FDX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
FedEx Corporation is a multinational delivery services company known for its air and ground shipping capacities. Established in 1971, FedEx provides a wide range of logistics services, including expre...

FedEx Energy Data Preview

In 2023, FedEx disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

FedEx also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, FedEx also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, FedEx also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate FedEx's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into FedEx's Energy Renewability

In 2023, FedEx consumed a total of 242.51 million Gigajoules of energy across its operations. Of this total, 1.29% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 98.71% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

FedEx's Energy Renewability Rate

1%

How much of FedEx's energy consumed is renewable?

In 2023, FedEx consumed a total of 242.51 million Gigajoules of energy, of which 1.29% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that FedEx has considerable room to improve its energy sustainability strategy.

Are FedEx's energy practices becoming more sustainable?

Since 2021, FedEx's total energy consumption decreased by 4.97%, including a further 7.3% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy decreased by 9.72%, yet improved by 5.39% in 2023, suggesting a rebound in renewable sourcing.

Overall, FedEx’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

FedEx's Renewable vs Non-renewable Energy Over Time

284.26 M134.26 M15.74 M284.26 MGigajoules (GJ)20212022202399%99%99%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into FedEx's Energy Consumption & Production Mix

In 2023, FedEx disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the FedEx's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

FedEx's Energy Consumed by Sources and Technologies

Jet Fuel (ATF)(76.2%)Diesel(13.9%)

What are the main sources and generation technologies behind FedEx's energy consumption?

In 2023, FedEx's total energy consumption was primarily sourced from

  • Jet Fuel (ATF) (76.19%)
  • Diesel (13.85%)
  • Electricity (Unspecified Source) (3.65%)

How diverse is FedEx’s energy consumption mix?

In 2023, FedEx consumed energy from 12 different sources or generation technologies, indicating a highly concentrated energy mix, with Jet Fuel (ATF) alone accounting for 76.19% of total consumption.

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