FedEx Receives Committed to the Environment Award

MEMPHIS, Tennessee, November 4, 2010 /PRNewswire-FirstCall/ -- FedEx Corp. (NYSE: FDX) has been recognized by The International Charter for clear commitment to understanding its environmental impact and reducing it. FedEx is the only company in its industry to receive the Committed to the Environment award.

"We were very impressed with the efforts FedEx is making, in particular with regard to reducing conventional energy consumption, as well as using cleaner vehicles in their distribution fleet," said Steve Fortes, director of International Charter. "FedEx is leading the way in understanding environmental impact and addressing it."

In particular, The International Charter recognized FedEx commitment to the environment as outstanding because:

    - The company championed the development of hybrid technology compatible
      with its delivery trucks, and is believed to have the largest hybrid
      delivery fleet in the U.S.
    - FedEx's EarthSmart @ Work initiative represents a best-in-class program
      for spreading sustainable thinking through an organization.
    - The company has increased FedEx Express vehicle efficiency by 14.1%
      since 2005, ahead of projections and on schedule for a 20% reduction by
      2020.
    - The company is making good progress in the fields of renewable energy,
      and has doubled onsite solar generation to 3.92 MW.

"FedEx is honored to receive this award from The International Charter as we seek to connect the world in responsible and resourceful ways," said Mitch Jackson, FedEx Corp. Vice President of Environment and Sustainability. "Through major goals, established in 2008, like seeking to increase our vehicle efficiency and reduce our aircraft emissions intensity by 20 percent by 2020, a wide range of team members can contribute to reducing our environmental impact while assisting our customers."

About the International Charter

The International Charter is a global organization dedicated to helping companies do business in a socially responsible way. The Committed to the Environment program is designed to recognize companies that are environmental leaders. For more information visit http://www.icharter.org/c2e

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $36 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand.

SOURCE The International Charter and FedEX