Tag: 3BL

NEW YORK and MUMBAI, India, June 10, 2025 /3BL/ – Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has been named an honoree of ‘The Civic 50’, an annual list compiled by the non-profit organization Points of Light that celebrates the 50 most community-minded companies in the U.S.

The 2025 Civic 50 marks TCS’ ninth consecutive year on the list, a recognized barometer of corporate social responsibility leadership in the U.S. for more than a decade. One of the world’s largest organizations dedicated to increasing volunteer services, Points of Light included TCS based on its demonstrated commitment to corporate citizenship and positive social impact.

Amit Bajaj, President, TCS North America, said, “We are honored that Points of Light has once again named TCS one of the top 50 most community-minded US companies. Both TCS employees as well as clients share this recognition, with many joining us side-by-side at volunteering events and STEM programs across the U.S. Through shared values and a commitment to social impact, we remain committed to generating positive change at the local level.”

Guided by the ethos of the Tata Group, TCS engages with local communities through activities that include employee volunteering, STEM education programs such as Go Innovate Together (goIT) and Ignite My Future, thought leadership through its Digital Empowers program and pro bono consulting and services for select nonprofit organizations.

Jennifer Sirangelo, President and CEO, Points of Light, said, “Honorees of The Civic 50 are leading the way in showing how social impact benefits their employees’ well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce and they’re extremely deserving of this recognition.”

In 2024, TCS employees volunteered nearly 9.2 million hours globally in support of 17 United Nations Sustainable Development Goals and to help empower marginalized members of society in areas such as education, employment, and entrepreneurship. Further, by expanding its two STEM education programs to students across the globe, TCS is preparing young people with the skills and mindsets needed to pursue careers of the future.

Virginia Akar, CEO and Founder, Girls Inc. of Greater Miami, said, “Girls Inc. of Greater Miami congratulates Tata Consultancy Services on this well-deserved recognition. We are proud to stand alongside a company that shares our commitment to building a brighter, more equitable future for young women. Together, we are breaking down barriers and creating opportunities that allow girls to thrive, lead, and succeed.”

TCS initiatives in North America include:

• The goIT program, which promotes STEM education and careers in IT among students, has reached more than 300,000 students globally since inception. In 2024, the program engaged 13,000 students in more than 95 North American cities. They participated in about 345,000 skill-building hours related to computer science careers and developed innovation and presentation skills as well as confidence. As part of that effort, students developed thousands of innovation concepts to address some of the world’s most challenging problems.
   
• Ignite My Future programs provided professional development and computational thinking resources to nearly 32,000 educators, reaching about 1.8 million students since inception. In 2024, the program benefited teachers and students in U.S. Title 1 and other schools, bringing computational thinking to more than 17,700 students during the year.
   
• Digital Empowers, TCS’ social impact thought leadership program, convened public, private and social sector leaders to explore meaningful actions to help close the Digital Divide and advance opportunities for all.

The Civic 50 honorees are companies selected based on four dimensions of their corporate citizenship and social impact programs: investment of resources, integration across business functions, institutionalization through policies and systems and impact measurement.

For more than a decade, The Civic 50 has served as the national standard for corporate citizenship and showcases how leading companies are moving social impact and community to the core of their business. This comprehensive survey for companies with annual revenues of at least $1 billion evaluates the scale, sophistication and impact of their employee volunteering, community engagement and corporate philanthropy work.

About Points of Light
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to take action that creates a positive impact through volunteering and civic engagement. Through partnerships with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs for healthier and more resilient communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit www.pointsoflight.org.

About Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of 607,979 consultants in 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.

TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.

TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2025. For more information, visit www.tcs.com

Follow TCS on LinkedIn| Instagram | YouTube| X

TCS media contacts:

Corporate Communications & India	Email: corporate.communications@tcs.com Email: saxena.kritika@tcs.com| Phone: +91 22 6778 9999 Email: kimberly.solomon@tcs.com | Phone: +91 22 67789098
U.S.	Email: james.sciales@tcs.com | Phone: 917 981 7651
Canada	Email: tiffany.fisher@tcs.com | Phone: +1 416-999-2140

 

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“When purpose and performance come together, we can create innovative, scalable solutions to help solve some of the world’s greatest challenges. Griffith Foods was built on the idea of business as a vehicle for greater good.” – Brian Griffith, Executive Chairman

At Griffith Foods, we believe that doing what’s right for people and the planet can also drive meaningful business success. Our 2030 Aspirations are a roadmap for how we’re working with partners across the value chain to nourish the world by building sustainable food system networks, expanding access to nutritious and flavorful foods, and creating impact that lasts.

We’re energized by what’s possible when purpose drives progress and we invite you to explore how we’re helping shape a more regenerative, resilient future for all. Learn more about our 2030 Aspirations and what they mean for the future of food: https://bit.ly/3EHAg9f.

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Our Sustainability Journey
At Griffith Foods, we are committed to driving positive impact through a regenerative mindset. Sustainability is connected to everything we do as a business, and by 2030, we are dedicated to significantly improving the future with a singular sustainable business strategy that we call our 2030 Aspirations. To learn more about Griffith Foods and its current sustainability efforts, visit them online and download the 2023 Sustainability Report.

About Griffith Foods
At Griffith Foods, our purpose defines who we are, what we do, and why we exist, highlighting what makes us distinct and authentic in the marketplace. We help our partners meet the evolving needs and desires of consumers in ways that respect and sustain the planet. Our care and creativity mean we’ll find the right mix of global reach and local impact to serve the earth and nourish all of us who call it home.

PSEG ENERGIZE!

On a recent spring day at our West Orange customer service center, customers came through the doors steadily – some alone, others with children or loved ones – each greeted by a team ready to help. One by one, they signed in and met with representatives who guided them through payment options, service inquiries and ways to reduce monthly bills.

At a time when household budgets are stretched, our 16 customer service centers across New Jersey – and our online and phone support – are more vital than ever. They’re not just places to pay bills, but lifelines for personalized support, energy efficiency education and affordability assistance.

Why costs are rising – what it means for you

Higher energy capacity prices from PJM Interconnection – the regional transmission organization and independent system operator for New Jersey and 12 other states – reflect diminishing power generation capacity and a higher level of consumer demand. This, combined with New Jersey’s basic generation services (BGS) electric auction, raised the energy supply price for all New Jersey utilities. Beginning June 1, average residential PSE&G electric bills will reflect a 17% monthly increase due to increased cost of supply, with other New Jersey utilities increasing as much as 20%.

It is important to note that utilities like PSE&G do not make a profit on the portion of the supply charge that reflects energy usage (i.e. the energy you consume). While this increase is a straight pass-through to the customer, we can assist you with energy and payment assistance options while working with state policymakers to find additional solutions.

We recognize that the rate increase coming this summer is going to be difficult for our customers. We are addressing this by informing customers of the reasons for the increase, while providing ways to help manage monthly bill costs including energy efficiency and payment assistance solutions.”

– Nicole Swan-Bennett, Senior Director of Customer Care at PSE&G

What we’re doing to help

For decades, we have worked directly with our customers, and with nonprofits and community organizations who work with utility customers, to inform them about energy assistance options. These efforts are designed to provide access to information on a range of energy efficiency and affordability offerings – from rebates and discounts to programs for small businesses and corporations.

• Our energy efficiency programs provide free assessments to help make your homes or businesses more efficient, and lower energy use year-round. As of this past February, these programs have helped over 415,000 customers lower usage and save money – nearly $640 million in regular savings.
• Payment assistance and affordability programs provided more than $265 million in support to 226,000 customers in the past year. If you’ve never explored the state’s payment assistance options before, now is the time. We estimate 100,000 more customers could benefit.
  • Low Income Home Energy Assistance Program (LIHEAP)
  • Universal Service Fund
  • NJ SHARES
  • New Jersey Lifeline
• Tools like our Equal Payment Plan and Deferred Payment Arrangements help balance costs and overdue bills.

We’re spreading the word through our customer service centers, bilingual outreach, newsletters and community partners. Whether online at pseg.com/help, pseg.com/saveenergy, bizsave.pseg.com or in person, we’re here to help you find solutions that fit your life.

Originally published on on LinkedIn

At Sysco, we’re proud to celebrate Pride Month and recognize the important contributions of our LGBTQIA+ colleagues.

Through our Spectrum Colleague Resource Group, we’re building a workplace where everyone can bring their whole selves to the table.

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 76,000 colleagues, the company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations. For fiscal year 2024 that ended June 29, 2024, the company generated sales of more than $78 billion. Information about our Sustainability program, including Sysco’s 2023 Sustainability Report and 2023 Diversity, Equity & Inclusion Report, can be found at www.sysco.com.

 For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

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PLAINFIELD, Ind., June 10, 2025 /3BL/ – Duke Energy Indiana is dedicating $200,000 to its Share the Light Fund to support customers facing financial hardship this summer. The funding aims to help families and individuals manage their energy costs amid rising temperatures and higher energy use.

“The financial assistance we offer through the Share the Light Fund helps connect customers in need to resources to help pay their electric bills and stay cool through the summer,” said Stan Pinegar, president of Duke Energy Indiana. “We appreciate our longtime partnership with statewide community action agencies who help identify customers in need and distribute the funds.”

Duke Energy works with the Indiana Community Action Association to provide up to $300 to qualifying customers to help pay energy bills, deposits and reconnection/connection charges. Individuals should contact their local community action agency to see if they are eligible. Visit incap.org/energy-assistance to find a listing of service providers by county.

“High seasonal energy bills can cause financial strain for families experiencing economic hardship,” said Ed Gerardot, executive director of the Indiana Community Action Agency. “With the support of partners like Duke Energy, we’re extending a helping hand to people who are facing tough times by connecting them with resources to offset their expenses and increase their financial stability.”

Over the last five years, Duke Energy shareholders, its employees and voluntary contributions from customers have provided more than $4 million in bill assistance through the Share the Light Fund, which has helped support nearly 15,000 Indiana households.

Duke Energy offers more than a dozen tools and resources to help customers take control of their energy use – and save money – while trying to stay cool. They include:

• Usage Alerts that send customers a notification of how much electricity they are using and its cost so they can make adjustments before their billing period ends
   
• Free Home Energy House Calls, where energy professionals assess a home for efficiency and provide homeowners with a toolkit of energy-saving devices
   
• Interest-free payment plans and due date extensions for customers needing flexibility

 To learn more about these programs, visit duke-energy.com/HereToHelp.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 910,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: McKenzie Barbknecht
24-Hour: 800.559.3853

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Alex is a driven and charismatic nurse who was also born with a heart condition. After experiencing irregular heart rhythms in his 20s, he underwent a surgery to receive his heart device — one that he still has today. With support from his family and friends, he continues to live his life to the fullest.

Join us as Alex opens up to his wife and twin brother about how his heart condition affects them in unseen ways. It’s a story of love, family, and resiliency.

Subscribe to keep up with Open Book, a series grounded in vulnerability and self-discovery that explores the triumphs and challenges of real people navigating their health.

SANTA BARBARA, Calif., June 9, 2025 /3BL/ – A new study reveals how wildfires are particularly dangerous for Californians with significant health conditions, with one in five respondents reporting harm to their health from delays in medical care after the Oak Fire.

Led by researchers from Harvard Medical School-affiliated Beth Israel Deaconess Medical Center, Direct Relief, and Mariposa County Health and Human Services Agency, the study focuses on the 2022 Oak Fire in rural Mariposa County—but its findings resonate statewide, as wildfires, evacuations, and public safety power shutoffs increase in frequency.

“Interruptions to health care access during and in the aftermath of disasters impact health long after the initial insult,” the authors write. The study appears in the journal Disaster Medicine and Public Health Preparedness (Cambridge University Press) and is available at https://doi.org/10.1017/dmp.2025.10063.

The study “underscores the worrisome disruptions in health care access faced by medically vulnerable populations across the US during disaster,” the paper says. “That 1/5 missed routine appointments, and that the vast majority could not re-establish care for weeks or months deserves urgent attention.”

Researchers surveyed Mariposa County residents who were enrolled in the Support and Aid For Everyone (SAFE) program – a county program that assists those with self-identified special needs during

emergencies, and comprises largely older adults and those with chronic medical conditions and mobility needs.

Among the respondents – with a median age of 78 years old, nearly ¾ of whom had mobility issues, and nearly half of whom needed help with activities of daily living – the study found major gaps in emergency readiness, access to information, and continued medical care:

• 53% of people using life-sustaining electricity-powered medical devices (like oxygen concentrators) weren’t enrolled in Pacific Gas and Electric’s Medical Baseline Program, which prioritizes them for power shutoff alerts and offers financial relief.
• 1 in 5 (21%) missed or delayed medical appointments due to the fire, and 45% of those people reported months-long delays in receiving care.
• 21% reported harm to their health from delays in medical care related to the fire.
• The people who experienced the most delays had more medical conditions (mean 4.1 vs. 2.4) and used more medical devices (median 4 vs. 2), making them more vulnerable to loss of care.
• 75% reported having evacuated from a previous fire, and 33% reported multiple prior evacuations.

With over 230,000 Medicare beneficiaries in California relying on powered medical devices, the study raises red flags far beyond Mariposa County—from seniors in Fresno to immunocompromised residents in Los Angeles.

Asked to identify the most trusted sources of reliable information about evacuations and fires, 77% pointed to county officials, compared to 57% for state officials and 23% for TV news. The Oak Fire information they found most useful was fire location and progress, road closures, risks to the household, shelter locations, and evacuation routes.

As California enters another active fire season, the authors make the case that wildfire response must include protecting access to care for those who can’t go without it. “Preparedness must focus not only on response to disasters, but on preempting health care disruptions at home—through improved outreach and communication, access to back-up power and supplies, and pathways to efficiently reinstate health services,” they write.

Media Contacts:

Beth Israel Deaconess Medical Center: Katie Brace, Katie.Brace@bilh.org

Direct Relief: Paul Sherer, paul.sherer@directrelief.org

Mariposa County Health and Human Services Agency: Kazzy Cunningham, Kcunningham@mariposacounty.org

Businesses across the globe are facing increasing pressure to build a thorough corporate climate strategy to manage physical risks like floods and droughts, and transition risks related to shifting regulations and customer demands.

Investors, regulators, and customers are all driving the need for change, as well as meaningful and measurable results. A robust climate strategy is no longer optional; it’s essential for staying resilient, competitive, and trusted in a fast-changing world.

This article will detail the needs for corporate climate strategy, key elements to include, and the benefits that businesses can achieve.

Climate Risk is Business Risk

A corporate climate strategy helps companies manage climate-related impacts that disrupt operations and drive up costs. Physical risks may include natural disasters such as floods, extreme weather , and droughts. These events can disrupt global supply chains through impacts to production and storage facilities, interruptions to transportation, and marketplaces.

Businesses are already feeling the financial and operational impacts of climate risk.

• Extreme weather costs EU farmers 28 billion euros a year
• EU’s ‘chocolate crisis’ worsened by climate breakdown and wildlife loss
• Insurance costs for commercial real estate are outpacing rent increases and general inflation.

Evolving climate-related regulatory requirements such as emissions reduction targets, energy efficiency mandates, and building codes also pose new challenges to businessses. Shifts in carbon pricing can significantly increase operational costs if production methods are emissions-intensive. Companies that delay action risk losing market share, investor confidence, or falling out of regulatory compliance.

Regulatory and Market Drivers are Accelerating Change

New corporate climate regulations, such as the Corporate Sustainability Reporting Directive (CSRD) in the EU and the California bill 261 and other state bills in the U.S. accelerate the need for corporate climate strategy. These laws require reporting on:

• Business impact on environmental and social factors
• Identified climate-related risks and opportunities
• Sustainability-related financial information
• Standards covering ESG topics

Beyond regulatory reporting requirements, climate-related aspects are also being integrated into standardized management systems. In February 2024, the International Organization for Standardization (ISO) amended ISO 9001, ISO 14001, and ISO 45001, to incorporate direct and indirect impacts related to climate change. Organizations certified under these standards are now required to assess climate-related risks and opportunities as part of their risk management processes.

Additionally, Investors have come to prioritize climate-related disclosures and decarbonization strategies. within their portfolios. Transparent reporting on climate risks and mitigation efforts is becoming a critical factor in investor assessments.

The Business Case for a Corporate Climate Strategy

Developing and adopting a climate strategy empirically benefits businesses. Climate action supports operational efficiency, energy savings, and cost control.

Green buildings, for example, can enhance return on assets and profits due to savings in utility operating costs. The use of sustainable components/materials in building construction can increase overall property value.

Businesses of any size can take meaningful action to achieve climate goals. Public and high-profile initiatives, such as achieving climate neutrality, gain the favor of employees, customers, and partners who want to be part of the solution to climate change.

Organizations that take a proactive approach will reap the greatest benefits by anticipating market shifts and future-proofing their business models.

Key Elements of an Effective Corporate Climate Strategy

Comprehensive climate strategies must be actionable and aligned with global standards, including:

1. Comprehensive Greenhouse Gas (GHG) Inventory

A a full GHG inventory encompasses:

• Scope 1: Direct emissions from owned or controlled sources.
• Scope 2: Indirect emissions from the generation of purchased energy.
• Scope 3: All other indirect emissions, such as emissions from suppliers, logistics, product use, and disposal.

Tools like life cycle carbon assessments can provide a more complete picture of emissions across a product’s or service’s lifespan.

2. Science-Based Emissions Reduction Targets

The Science Based Targets initiative (SBTi) provides a framework to meet investor and regulatory demands for credible decarbonization commitments, such as:

• Reducing absolute Scope 1 and 2 GHG emissions by a significant percentage (e.g., 46%) by 2030 from a defined baseline.
• Addressing Scope 3 emissions, especially if they constitute a substantial portion of total emissions.

3. Actionable Decarbonization Roadmap

A successful roadmap translates targets into actionable plans with timelines, investments, and accountability. This can look like:

• Outlining specific initiatives and technologies to reduce emissions.
• Setting interim milestones and timelines to track progress.
• Identifying necessary investments and resource allocations.
• Assigning responsibilities to ensure accountability across the organization.

4. Governance Structures Embedding Climate Risk into Business Planning

Integrating climate considerations into corporate governance involves:

• Incorporating climate risks and opportunities into enterprise risk management frameworks.
• Ensuring board and executive oversight of climate-related issues.
• Aligning incentive structures with climate performance metrics.

Such integration ensures that climate strategy is not siloed, but is a core component of business decision-making processes.

5. Routine, Transparent Reporting and Stakeholder Engagement

Transparency in reporting and active stakeholder engagement are critical for building trust and demonstrating progress. This includes:

• Regularly disclosing climate-related information in line with recognized frameworks (e.g., TCFD, GRI).
• Engaging with stakeholders, including investors, customers, and employees, to gather feedback and align on expectations.
• Continuously updating stakeholders on progress toward climate goals and any adjustments to strategies.

Global Execution Requires Local Expertise

Implementing a corporate climate strategy across multiple countries presents complex challenges. Multinational organizations must navigate a patchwork of regulatory frameworks, cultural nuances, and technical requirements that vary significantly by region. That’s why local expertise is essential to deliver results that meet regional regulations and cultural expectations.

The Inogen Alliance offers a single point of contact and access to 6,000+ local environmental, health, safety, and sustainability consultants to support effective global climate strategies aligned to best practices and client organizational needs.

Assessing Readiness

Corporate climate strategy is critical not just for compliance, but for long-term resilience, competitiveness, and value creation. Businesses that take action immediately will be able to manage the accelerating changes and increasing pressure from regulators, investors, and customers.

Companies should assess their current climate readiness as a starting point to begin or refine their strategic planning. For more valuable insights, subscribe to the Inogen Alliance blog and keep up to date with the latest news.

MEMPHIS, Tenn., June 9, 2025 /3BL/ – FedEx (NYSE: FDX) has announced an agreement with Neste, the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, securing more than three million gallons of blended sustainable aviation fuel (SAF) for delivery at Los Angeles International Airport (LAX) to the world’s largest express cargo airline. Through this agreement, FedEx has purchased blended fuel from Neste, to include a minimum of 30% neat Neste MY Sustainable Aviation Fuel. As used in its blended form, the fuel will account for roughly a fifth of all jet fuel consumed annually by FedEx at LAX* and is the largest SAF purchase executed by a U.S. cargo airline at LAX to-date. Delivery of the fuel began earlier this month and will continue over the next year.

“Procuring SAF is an important component of our aviation emissions-reduction strategy in the coming years, and we are pleased to have executed a deal with Neste to begin using this fuel in our air operations,” said Karen Blanks Ellis, chief sustainability officer and vice president of Environmental Affairs, FedEx. “Our aviation network represents the largest amount of FedEx fuel use globally and, as a result, is our biggest opportunity to drive down emissions. As we work toward our goal of carbon-neural operations by 2040, we need the SAF market to continue to grow to meet industry demand.”

“As the world’s preeminent express transportation company, our initial U.S. deployment of this fuel advances our sustainability goals and bolsters the aviation industry’s efforts to source and use more SAF,” said Richard Smith, chief operating officer, International, and chief executive officer, Airline, FedEx. “While we know further growth of the SAF market is needed—alongside other innovations—we are proud to celebrate this milestone with our world-class air network.”

“Neste is excited to work with FedEx and support their ambitious goal of reaching carbon-neutral operations by 2040 with our SAF. Recognizing the important role of air cargo in the global economy, FedEx is demonstrating how this industry can leverage available lower-emission solutions like SAF to reduce its environmental impact. We look forward to further strengthening our cooperation,” says Carl Nyberg, Senior Vice President, Commercial, Renewable Products at Neste.

This fuel purchase by FedEx builds upon years of the company’s efforts to co-create innovative sustainable aviation technologies with other industry leaders, including the ecoDemonstrator flight-test program with Boeing—the world’s first commercial airplane flight using 100% SAF in both engines that was conducted in 2018. In addition to the procurement of SAF, FedEx is pursuing multiple avenues to improve efficiency and reduce fuel consumption in its aviation operations overall, including aircraft fleet modernization, fuel conservation initiatives, and flight planning optimization. Collectively, fleet modernization and fuel saving efforts enabled FedEx in fiscal year 2024 to successfully achieve its goal of a 30% reduction in aviation emissions intensity from a 2005 baseline. FedEx set its first aviation emissions intensity reduction goals back in 2008.

Sustainable aviation fuel, explained
Sustainable aviation fuel is a more sustainable alternative to conventional, fossil-based jet fuel, largely driven by lower emissions from the feedstocks used in the fuel production process. Neat SAF is blended with conventional jet fuel before use and is considered a “drop-in” fuel, meaning it works within existing aircraft engines and fueling infrastructure without any equipment updates.

Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%** over the fuel’s life cycle, compared to using conventional jet fuel. Neste SAF is made from 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste.

While SAF production continues to grow in the U.S. and internationally, SAF accounted for less than 1% of all global jet fuel production in 2024. Amid the need for greater alternative fuel availability and accessibility for all airlines, FedEx will continue to advocate for expanded production and highlight SAF’s potential environmental and economic benefits.

Learn more about the FedEx sustainability strategy and the company’s goal of carbon neutral global operations by 2040 here: https://www.fedex.com/en-us/sustainability/our-approach.html

* Based on FY25 fuel use forecasts

** When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $88 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act, such as statements regarding business strategies and management’s views with respect to future events, and the assumptions underlying such expected statements. Forward-looking statements include those preceded by, followed by or that include the words “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “forecasts,” “anticipates,” “plans,” “estimates,” “targets,” “projects,” “intends” or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, our ability to achieve our goal of carbon-neutral operations by 2040 and other factors which can be found in FedEx Corp.’s and its subsidiaries’ press releases and FedEx Corp.’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume any obligation to update or revise any forward–looking statement, whether as a result of new information, future events, or otherwise.

Click here to learn about FedEx Cares, our global community engagement program.

MEMPHIS, Tenn., June 9, 2025 /3BL/ – National Forest Week, held annually during the second week of June, raises awareness for the 193 million acres of National Forests across the United States and the benefits these landscapes provide. International Paper (IP) and the National Fish and Wildlife Foundation (NFWF) are highlighting how their Forestland Stewards partnership and grants awarded through the Longleaf Landscape Stewardship Fund (LLSF) are supporting local partnerships to restore and revitalize longleaf pine ecosystems on and around national forests across the Southeast United States.

There are 17 national forests located within the historical longleaf pine range, which spans from southeast Virginia to east Texas. Many of these national forests are strongholds of longleaf pine forests and serve as important hubs around which partners are working to expand longleaf pine habitat. Coordinated partnerships involving federal agencies, private organizations, and nonprofits allow IP and NFWF to amplify conservation outcomes beyond what individual entities could achieve alone. 

Through an LLSF grant to The Nature Conservancy (TNC), NFWF and IP support prescribed burning capacity to assist the Chattahoochee National Forest. This partnership and additional capacity are a force multiplier, helping the national forest complete more burns than they would be able to accomplish alone in longleaf stands to improve wildlife habitat and reduce the risk of catastrophic wildfires. 

This unique area of montane longleaf lies along the southern edge of the Southern Appalachian Mountains and represents some of the northernmost and highest-elevation occurrences of longleaf pine. It’s also located only two hours from Atlanta and faces increasing development pressures as downtown continues to expand. 

The grant funding that NFWF and IP are providing helps expand the amount of prescribed burning on the Chattahoochee and provides flexibility for TNC to work on adjacent or nearby properties, creating a more connected and healthy longleaf forest ecosystem, which benefits wildlife.

“We recognize the strength in partnerships like those with NFWF and other dedicated partners, and how collaboration can make a substantial impact,” said Sophie Beckham, Chief Sustainability Officer at International Paper. “Together, we’re effectively restoring longleaf pine ecosystems, supporting wildlife populations, and promoting healthier, more resilient forests for generations to come.” 

NFWF and IP have also provided funding through a grant to The Longleaf Alliance, which supports longleaf pine restoration and management within the Conecuh National Forest and surrounding partner lands in southern Alabama and northwest Florida. This funding will help expand prescribed burning and support recovery and management of at-risk species such as the red-cockaded woodpecker and gopher tortoise. 

With funding provided through a recent LLSF grant, The Longleaf Alliance is aiding the national forest with at least 20,000 acres of prescribed burning and the installation of artificial nest cavities for red-cockaded woodpeckers. These cavities are crucial to supporting the nesting requirements of this longleaf-dependent species, highlighting the importance of these combined efforts that benefit both wildlife and forest health. 

National Forest Week is a time to reflect on some of the incredible work done by uniting resources, but the dedication goes far beyond these seven days. NFWF and IP continue their efforts to enhance forests and make a lasting impact.

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About International Paper 
International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in Memphis, Tennessee, USA, and EMEA (Europe, Middle East and Africa) headquarters in London, UK, we employ more than 65,000 team members and serve customers around the world with operations in more than 30 countries. Together with our customers, we make the world safer and more productive, one sustainable packaging solution at a time. Net sales for 2024 were $18.6 billion. In 2025, International Paper acquired DS Smith creating an industry leader focused on the attractive and growing North American and EMEA regions. Additional information can be found by visiting internationalpaper.com 

About the National Fish and Wildlife Foundation 

The National Fish and Wildlife Foundation (NFWF) works with partners to foster sustainable and impactful conservation solutions so that people and nature thrive together. Chartered by Congress in 1984, NFWF has grown to become the nation’s largest conservation foundation.  Since its founding, NFWF has supported more than 7,000 grantee organizations and funded over 23,300 projects that have generated a total conservation impact of $11.3 billion. Learn more at nfwf.org.