CIOTechoutlook Team | Monday, 31 July 2023, 13:14 IST
FedEx Corp. (NYSE: FDX) has lau- nched a new tool, FedEx® Sus- tainability Insights (FSI), giving cus- tomers in India* access to emissions information on their shipments wit- hin the FedEx network. They can use the data to help make informed de- cisions on their future shipping stra- tegy to reduce their impact on the planet.
Created by FedEx Dataworks, the innovative cloud-based data engine uses near-real-time FedEx network data to estimate CO 2 e 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. *
With sustainability being a strategic priority for businesses of all kinds 1 , FedEx® Sustainability Insights is a tool that can give customers better visibility of emissions within their supply chains and support reporting and strategic future planning.
“Reporting on sustainability and using this data to inform decision-making has become a business priority. Simultaneously, consumers are prioritizing sustainability in their purchasing decisions 2 ,” said Kami Viswanathan, senior vice president of FedEx Express Middle East, Indian Subcontinent and Africa operations. “FedEx® Sustainability Insights is designed to provide our customers with near real-time visibility to their emissions data, empowering them to make data-driven decisions and improve transparency in their sustainability reporting.”
The new offering complements 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. FedEx® Sustainability Insights will support its work toward this goal by providing insights into further opportunities for network efficiency with data-backed predictive insights and modelling.
Customers interested in learning more about FedEx® Sustainability Insights and its capabilities can visit fedex.com.
Source : Press Release
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