FedEx recognizes that aircraft and vehicle fuel accounts for the majority of our carbon footprint, so we are pursuing ambitious aircraft and vehicle fuel efficiency programs as we work to decouple business growth from carbon emissions.
Reduce, Replace, Revolutionize
With a global fleet of more than 180,000 owned and contracted vehicles, our ground transportation operations continue to offer potential for improved efficiency. Through the FedEx Express Reduce, Replace, Revolutionize strategy we continue to maximise this potential by applying proven innovations - optimizing truck routes, upgrading our vehicle fleet, instilling good driving habits and exploring alternative fuels and technologies.
In FY16, FedEx Express set a stretch objective to increase vehicle fuel efficiency by 50 percent from a 2005 baseline by 2025. This additional 17 percent target was set in 2015, when we met our 2020 goal of increasing vehicle fuel efficiency by 30%, five years early.
FedEx Fuel Sense
Through our global FedEx® Fuel Sense program we have implemented efficiencies in flight operations and modernised our fleet by replacing older airplanes with more fuel-efficient models. These two initiatives saved more than 153 million gallons of jet fuel and avoided almost 1.5 million metric tons of CO2e emissions in FY16 — equivalent to the CO2 emissions generated by more than 150,000 homes in one year.
FedEx is committed to reduce aircraft emissions intensity by 30 percent from a 2005 baseline by 2020. In FY16 we had achieved a 22 percent reduction from the 2005 baseline and are continuing to modernise our aircraft fleet as we strive towards this target.
FedEx aims to obtain 30% of our jet fuel from alternative fuels by 2030. In FY15 FedEx entered into an eight-year agreement with Colorado-based Red Rock Biofuels to blend bio fuels from woodland waste generated through forest management. FedEx expects to make use of the first 6 million gallons of commercially viable biofuel in 2019.
To learn more about our commitment to environmental goals, download our Global Citizenship Report.