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Sustainability and the aviation industry

Posted By Administration, Friday, July 21, 2017

 

 

Sustainability and the aviation industry

 

Sustainability is a topic that still remains relevant today for the aviation industry, including air freight. The reasons are varied, but one that comes to mind now concerns the fact that sustainability and environmental considerations are global in nature - just as the air freight industry is. If you think about it, this industry connects the globe. Open and efficient trade enables economic growth and prosperity worldwide. According to the 2017 Global Citizenship Report, the global trade market currently exceeds $15 trillion, and advances in technology and transportation systems make it ever easier to integrate global economies. This, in turn, supports business competitiveness, helps communities attract investment and creates more jobs. It allows goods to flow. It contributes to global GDP. And, as such, it helps individuals better their lives.

 

But, it is an energy-intensive industry. It requires fuel to move planes, trucks and other modes of transport. That’s why sustainability for the industry continues to make sense. Done correctly, it reduces fuel usage, improves efficiencies, lowers fuel costs, lowers emissions, and betters lives.

 

As an example, for FedEx, it means growing its business responsibly, resourcefully and in a forward-thinking manner that not only benefits the long-term success of the company,but the millions of stakeholders with whom it works and engages. Through the positive impacts of its financial performance, FedEx creates income and opportunities for customers, team members, communities, share owners, and suppliers, across more than 220 countries and territories. It calls that Delivering It Forward.

 

Some of the initiatives that FedEx utilizes include the following:


• Reduce aircraft emission intensity 30% from a 2005 baseline by 2020. To date, FedEx has reduced this emission intensity by 22%. And, it’s saved $233 million in fuel costs and avoided 1.47 million metric tons of carbon dioxide - equivalent emissions in FY2016 alone.

• Increase FedEx Express vehicle fuel efficiency 50% from a 2005 baseline by 2025. FedEx has, to date, achieved a 35% increase in fuel efficiency across its vehicle fleet, saving $48 million in fuel and avoiding 217,519 metric tons of carbon dioxide - equivalent emissions in FY2016, as well.

 

As detailed last year in Going Green can save a lot of Green, enacting sustainability in the proper manner saves money, improves efficiencies, strengthens customer satisfaction, and protects the environment. All of these results are good business outcomes. As such, enacted effectively, they are also good business practices that can help sustain a business, an industry, and the planet.

 

 

 

 

Frank Newman

Managing Director

FedEx Services

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