FedEx Launches Tool Enabling Customers to Track Shipping Emissions
Global asset management firm AXA Investment Managers (AXA IM) revealed a major increase in its stewardship activity over the past year, more than doubling the number of conducted engagements in 2022, with plans to continue to increase in this area in 2023, along with the consideration of escalation techniques on key issues such as climate and biodiversity.
The asset manager’s increased engagement activity was outlined in its newly release Stewardship Report 2022, which indicated that AXA IM conducted 596 engagements with 480 entities during the year, up from 283 engagements with 245 entities in 2021. AXA IM also significantly ramped the number of discussions held at the senior executive or board-level, with 178 engagements conducted at this level, compared to only 71 during the prior year.
Created by the company’s data-focused unit FedEx Dataworks, the new solution calculates greenhouse gas (GHG) emissions, using a methodology that follows the WRI’s Greenhouse Gas Protocol, and includes industry standard emission factors, utilities and transportation specific operational metrics.
The tool displays data in a variety of metrics, mode of transport, service type, and country or territory for domestic and global FedEx Express, FedEx Ground, and FedEx Freight shipments.