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FedEx Office named by EPA as Top 20 Green Printer

Press release from the issuing company

DALLAS -- FedEx Office (formerly FedEx Kinko’s), a subsidiary of FedEx Corp., today announced that it has been ranked No. 1 on the U.S. Environmental Protection Agency’s (EPA’s) new Top 20 Printers List of the largest green power purchasers in the commercial printing business.  The Top 20 Printers List is one of nine Top Partner Lists that EPA releases quarterly, highlighting some of America's largest green power purchasers.  In addition, FedEx Office is ranked No. 11 on the EPA’s Top 20 Retail List, marking the company’s 15th consecutive appearance on the list.
 
In total, FedEx Office purchases more than 34 million kilowatt-hours (kWh) of renewable energy certificates and utility green power products annually, which is enough green power to meet 14 percent of the company's purchased electricity use.  According to the EPA, 34 million kWh is equivalent to avoiding the carbon dioxide emissions of nearly 5,000 passenger vehicles per year, or is the equivalent amount of electricity needed to power more than 3,000 average American homes annually.
 
“FedEx Office is proud to know our ongoing commitment to sustainability and renewable resources has made us the number one green power purchaser in the commercial printing industry,” said Brian Philips, president and CEO of FedEx Office.  “We also continue to be honored by our recognition on the EPA’s Top 20 Retail List.”
 
FedEx Office is purchasing green power in support of EPA’s Fortune 500 Green Power Challenge.  EPA is challenging Fortune 500 Corporations to collectively exceed 10 billion kilowatt-hours green power purchasing by year end 2009.  The company’s purchase of green power ranks No. 27 among participating corporations.
 
Green power is electricity that is generated from environmentally preferable renewable resources, such as wind, solar, geothermal, biogas, biomass and low-impact hydro.  These resources generate electricity with a net zero increase in carbon dioxide emissions, while offering a superior environmental profile compared to traditional power generation sources.  Green power purchases also support the development of new renewable energy generation sources nationwide.
 
FedEx & Sustainability
The FedEx Office green power program is part of a broader initiative by FedEx Corp. to connect the world in responsible and resourceful ways, while minimizing its impact on the environment.  The corporation as a whole is focused on reducing greenhouse gas emissions; improving the efficiency and environmental impact of its delivery fleet; decreasing facility energy consumption; and enhancing the use of green power and sustainable packaging.
 
“Each of the FedEx operating companies and our team members are strongly committed to building responsible sustainability practices into our day-to-day operations,” said Mitch Jackson, director of environmental affairs and sustainability, FedEx Corp. “These ideals are also top of mind as we work toward reducing our environmental footprint.”
 
For example, in 2010 FedEx Express plans to open its largest solar-powered hub to date in Cologne, Germany, which will include a 1.4-megawatt solar power system expected to generate approximately 1.3 gigawatt-hours of electricity per year, equivalent to the annual consumption of 370 households.  By 2020, FedEx plans to reduce carbon dioxide emissions intensity from its FedEx Express aircraft fleet by 20 percent and improve the fuel efficiency of its FedEx Express vehicle fleet by 20 percent.  To learn more about corporate responsibility initiatives at FedEx and to review the FedEx Global Citizenship Report, visit http://csr.fedex.com.