Sustainability in the supply chain ecosystem has become imperative now more than ever as it plays a vital role in climate change. According to a study by UNGC-Accenture, supply chain generate around 60% of all carbon emissions globally. Hence, it is important to take steps on reducing the carbon emissions from supply chain needs.
The tool has been created by FedEx’s cloud-based data engine FedEx Dataworks, which uses near-real-time data to estimate CO2e emissions. Customers can view emissions data for individual tracking numbers as well as aggregate historical data for their accounts. Data displayed in the tool includes mode of transport, service type, and country or territory for all eligible FedEx Express shipments.
Kami Viswanathan, senior vice president of FedEx Express Middle East, Indian Subcontinent and Africa operations, said in a statement,“Reporting on sustainability and using this data to inform decision-making has become a business priority. Simultaneously, consumers are prioritising sustainability in their purchasing decisions.”
This new service is among the company’ ongoing efforts to achieve carbon neutral operations by 2040. FedEx is focusing on areas such as electrification of FedEx pickup and delivery vehicles; more efficient facilities, fuels, and fleets; and investments in natural carbon capture.
