FedEx launches carbon emissions measurement tool in India

economictimes.indiatimes.com:

carbon emissions of their shipment. Through this new tool- FedEx Sustainability Insights (FSI), can measure carbon footprint of their shipments within the FedEx network. They can use the data to help make informed decisions on their future shipping strategy to reduce their impact on the planet.

Sustainability in the supply chain ecosystem has become imperative now more than ever as it plays a vital role in climate change. According to a study by UNGC-Accenture, supply chain generate around 60% of all carbon emissions globally. Hence, it is important to take steps on reducing the carbon emissions from supply chain needs.

The tool has been created by FedEx's cloud-based data engine FedEx Dataworks, which uses near-real-time data to estimate CO2e 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.Kami Viswanathan, senior vice president of FedEx Express Middle East, Indian Subcontinent and Africa operations, said in a statement,“Reporting on sustainability and using this data to inform decision-making has become a business priority.