FedEx multiplies opportunities using our vast network reaching more than 99 percent of the world’s GDP, while creating growth for customers, greater potential for our people and efficiencies for the environment.
“Our reputation is built on the ability to connect people and possibilities,” said Mitch Jackson, chief sustainability officer, FedEx Corp. “We constantly strive to be a better corporate citizen while setting the standard for what it means to deliver positive impact for our team members, customers and communities around the world.”
Highlights from this year’s report include:
In FY18, FedEx exceeded $65 billion in revenues, a 9 percent increase over FY17, and climbed to number 50 on the Fortune 500 list of U.S. companies. This success has enabled the company to continue driving growth and lifting economies where we operate. FedEx created income and opportunities for stakeholders including:
$4.2 billion committed to team members and hub modernization following the U.S. Tax Cuts and Jobs Act,
$535 million in dividends paid to shareowners, and
$2.25 million contributed to support Global Entrepreneurship Programs.
FedEx also expanded the company’s retail networks to give customers more options to pick-up, ship or have packages held, including at 5,000 locations across Hong Kong and Taiwan. In the U.S., 80 percent of the population is within five miles of a FedEx hold location.
Corporate social responsibility is at the heart of the connections FedEx makes around the world. Key elements of the company’s strategy include environmental efficiency innovations, a sustainable supply chain, a diverse and inclusive workplace, and the robust giving and volunteering platform known as FedEx Cares.
The company is ahead of plan for its FedEx Cares goal of investing $200 million in more than 200 global communities by 2020. FedEx has already invested in more than 200 communities and is on track to meet the total contribution goal early. In FY18 alone, the company invested more than $55 million in corporate charitable contributions.