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FedEx | PRE 14A: Preliminary proxy statements relating to merger or acquisition

SEC announcement ·  Jul 26 16:21
Summary by Moomoo AI
FedEx Corporation announced its commitment to achieve carbon-neutral operations globally by 2040, aligning with the International Labor Organization's 'Just Transition' guidelines and the World Benchmarking Alliance's indicators. The company has designated an initial $2 billion investment for operational GHG-reduction initiatives and carbon-sequestration solutions research. FedEx's Board of Directors oversees the planning and progress towards this goal. The company reports its environmental impact and aligns its assessment and reporting approach with the Sustainability Accounting Standards Board and the Task Force on Climate-Related Financial Disclosures. Additionally, FedEx engages with policymakers and industry organizations to lobby for effective climate policy. The company's participation in the political process includes engagement on sustainability and climate policy, with extensive disclosures...Show More
FedEx Corporation announced its commitment to achieve carbon-neutral operations globally by 2040, aligning with the International Labor Organization's 'Just Transition' guidelines and the World Benchmarking Alliance's indicators. The company has designated an initial $2 billion investment for operational GHG-reduction initiatives and carbon-sequestration solutions research. FedEx's Board of Directors oversees the planning and progress towards this goal. The company reports its environmental impact and aligns its assessment and reporting approach with the Sustainability Accounting Standards Board and the Task Force on Climate-Related Financial Disclosures. Additionally, FedEx engages with policymakers and industry organizations to lobby for effective climate policy. The company's participation in the political process includes engagement on sustainability and climate policy, with extensive disclosures provided on FedEx's participation in the political process. FedEx's Board of Directors has considered a stockholder proposal requesting a report on the alignment of the company's lobbying activities with its carbon-neutral goals. The Board recommends voting against the proposal, stating that FedEx already provides comprehensive information on its climate strategy's impact on stakeholders and that the requested report would duplicate efforts and not provide meaningful additional information.

This announcement is a separate document:

Doc 1

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