Cheers for FedEx

We are often inundated with the "ugly truths" about the greedy corporations avoiding taxes, polluting our environment, etc. But there are the extraordinary exceptions and they deserve equal billing.

Oh, yes, there are a few out there. In time there may be more if their shareholders speak up. Thanks to the shareholders who have influenced some big businesses to help save our planet for future generations.

Here's to FedEx. Their strategy is Reduce, Replace, Revolutionize. And, they are five years ahead of their plan! FedEx Express surpassed its goal to boost vehicle fuel efficiency by 30% by 2020 starting from 2005, in spite of the fact that most of the technology needed then didn't exist at the time.

Here was their strategy adopted in 2005:

REDUCE overall mileage by travelling the minimum miles by optimizing routes.

REPLACE with more fuel efficient models and reprogramming the models to run at the optimal levels for fuel efficiency.

REVOLUTIONIZE the fleet by adopting electric vehicles, fuel cells, natural gas and hybrids. They are also focusing on hydrogen fuel cells.

Result of this plan: They have saved more than 137 million gallons of fuel since 2008 and avoided nearly 1.5 million  metric tons of CO2e emissions.

What a win-win by FedEx. They saved their stockholders money while helping to save our planet!

(Information from the FedEx Annual Report 2016)