BP to implement carbon offset program for Fedex envelope
Through the carbon-neutral FedEx Envelope shipping program, FedEx will calculate the carbon dioxide released through FedEx Envelope shipments on an annual basis and purchase the equivalent amount of carbon offsets from BP?s not-for-profit, BP Target Neutral scheme. This will neutralize the equivalent amount of CO2 emissions by supporting investments in low carbon development projects that reduce or remove carbon from being released into the atmosphere.
These projects also create additional environmental, social and economic benefits locally. They include a biogas farm facility in the Netherlands, a reforestation project in the Tanzanian Southern Highlands that is converting degraded grassland to commercial forest and a landfill gas collection system at Thailand?s first sanitary landfill.
The agreement between BP Target Neutral and FedEx makes FedEx Express® the first global express transportation company to offer carbon neutral envelope shipping at no extra charge to the customer.
?Through EarthSmart, FedEx continues to lead in sustainable shipping. To offset our FedEx Envelopes, we chose BP Target Neutral based on how thoroughly they vet and research their projects, the added oversight of the independent assurance panel that monitors Target Neutral and the affordable rate structure,? says Mitch Jackson, VP Environmental Affairs and Sustainability, FedEx Corporation.
?This is a milestone agreement between BP Target Neutral and FedEX,? said Andrea Abrahams, BP?s Global Director for BP Target Neutral. ?It is one of many examples in which businesses throughout the world can play their part in reducing impact of carbon emissions on the planet.?
BP is the Official Oil and Gas Partner for the London 2012 Olympics and Paralymics and BP Target Neutral is the first ever Official Carbon Offset Partner of a summer Games.
The carbon neutral program extends to all FedEx Envelope shipping options, including FedEx First Overnight, FedEx Priority Overnight, FedEx Standard Overnight, FedEx 2Day, FedEx Economy 2Day A.M. and FedEx Express Saver. More than 200 million FedEx Envelopes are shipped around the world every year.
Posted by Gloria Llopis | 2012-04-12