FedEx shows how to save money and do the right green thing
STARTING next year, FedEx will blend the first six million gallons of jet fuel at its Oakland hub, ultimately producing 48 million gallons over eight years.
The American parcel delivery giant also signed a deal with Colorado-based Red Rock Biofuels to purchase alternative jet fuel made from wood waste, reports London's Air Cargo News.
This is all part of the FedEx 'Fuel Sense" programme which, in addition to the fuel cost savings, also avoided more than four million tonnes of carbon emissions.
All of the Fuel Sense team members who work with aircraft are asked to adopt a fuel-efficient mindset and to "search out innovative ways" to help save fuel.
"FedEx is committed to being a positive force in the communities we serve," said Mitch Jackson, vice president of environmental affairs and sustainability.
"This means advancing programmes that support the environment, improving the safety of our streets and putting our global transportation network to work to provide disaster relief where it's needed most."
This has saved US$1 billion in jet fuel since 2007 and surpassed a goal to boost ground vehicle fuel efficiency by 30 per cent five years ahead of target.
The results have been revealed in the company's annual Global Citizenship Report (GCR)detailing the company's corporate social responsibility (CSR) and environmental work.