The report reveals that FedEx donated $58.6 million globally in FY 2023 to charities and local non-profits in the communities where its team members live and work. In AMEA, this includes environmental programs, childhood education, entrepreneurship, and healthcare initiatives to help improve lives. In April 2023, more than 1,000 FedEx volunteers and their families across 22 AMEA markets participated in the company’s 50 days of Caring initiative. This included a variety of sustainability and environmental-protection activities, including tree plantings, beach and park clean-ups, and hosting educational seminars on eco-living/eating, waste segregation, road safety, and sustainable logistics.
FedEx has also made significant contributions in the China market with its 11 corporate social responsibility (CSR) programs, focused on children’s education and wellbeing, as well as sustainability. In FY 2023, the FedEx Library Program established a reading room or reading corners for nine rural elementary schools, benefiting over 2,300 children and 120 teachers, and donated 770 books to another 10 rural schools and 1,500 students. The company also launched the AnQ Awakening Cloud Classroom in 2020, teaching children aged three to nine knowledge on health, safety, and carbon neutrality. This year, the program celebrated the success of its special event. FedEx has also echoed China’s vision of sustainable development by supporting tree-planting initiatives in cities like Guangzhou and Beijing. The CSR programs inspired a total of 446 volunteers to participate in FY 2023, including FedEx employees and their families, as well as customers and university students.
FedEx is committed to connecting the world responsibly, through its stated goal of achieving carbon-neutral operations by 2040 and pursuit of investments in renewable energy to power its operations. For example, FedEx Express launched of a solar installation project in April 2023 at its ground operations station in Beijing. The rooftop solar panel system covers 2,000 m² and generates 360,000 kWh of electricity annually. This project is estimated to save over 110 tons of standard coal and reduce over 350 tons of CO₂ emissions per year, compared to conventional coal-fired thermal power. The power generated supports the facility’s daily operational needs, while some power is fed into the national grid.
FedEx celebrated 50 years of operations on April 17, 2023. The company has the most extensive transportation network in the world, providing services to more than 220 countries and territories. Additionally, FedEx employs over 500,000 people across more than 5,000 facilities and moves approximately 14.5 million packages per day.
Read the full FY 2023 FedEx Economic Impact Report and further explore the FedEx Effect across China and the broader AMEA region at fedex.com/economicimpact.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of nearly $90 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively, and innovating digitally as one FedEx. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
1 Fiscal year (FY) 2023 is defined as June 1, 2022-May 31, 2023.
2 As defined by the United Nations Conference on Trade and Development (UNCTAD).
3 As defined by UNCTAD.
4 As defined by UNCTAD.
