FedEx Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive FedEx provides a very full picture of its climate-policy lobbying. It names a wide range of individual measures it has worked on, including the Sustainable Aviation Fuel Blenders Credit, the SEC’s proposed climate-disclosure rule (File No. S7-10-22), the EPA’s Phase 3 GHG standards for heavy-duty vehicles, the Single European Sky air-traffic modernisation package, the EU and UK ETSs, CBAM, CORSIA, the Corporate Sustainability Reporting Directive, EV tax credits and charging-infrastructure bills, 33-foot twin-trailer legislation, the Growing Climate Solutions Act and many others—spelling out the jurisdiction and, where relevant, the bill or rule name for each. It is equally explicit about how it lobbies and who it targets, citing “direct engagement with members of Congress and their staff,” “Direct engagement with EU institutions and national governments,” submission of comment letters to the SEC, testimony by its Chairman and CEO before the U.S. House Committee on Transportation & Infrastructure, participation in EPA stakeholder processes, and work “through trade associations” such as Airlines for America and the American Trucking Associations. Finally, FedEx states the concrete outcomes it pursues: for example, it backs extending the SAF blender’s tax credit “beyond 2024,” calls for “efficient and timely permitting procedures for installing charging infrastructure,” presses for legislation allowing 33-foot twin trailers to “reduce truck trips by 6.6 million annually,” urges the EU to invest ETS revenues in SAF, and opposes the inclusion of U.S.–EU flights in the EU ETS in favour of global CORSIA coverage. By setting out specific policy positions, detailing the mechanisms it uses, and identifying the legislative or regulatory changes it seeks, the company demonstrates a comprehensive level of transparency on its climate-related lobbying. 4
Lobbying Governance
Overall Assessment Comment Score
Strong FedEx outlines a clear governance framework that integrates sustainability objectives into its lobbying oversight. The Board-level Governance, Safety, and Public Policy Committee "assists the Board in oversight of the company’s political activities and expenditures" and “reviews and discusses… the company’s political activities and participation in the political process, including direct and indirect political spending and lobbying activities and expenditures,” demonstrating structured supervision of both direct and trade-association lobbying. Management is charged with implementing controls, as it is “responsible for monitoring the appropriateness and effectiveness of the political activities undertaken by the most significant trade associations of which FedEx is a member,” indicating an active process for aligning indirect advocacy with company policy. Climate relevance is brought in through the FedEx Enterprise Sustainability Council, where “The Chief Sustainability Officer also convenes regular conversations with different parts of the business -- including the government and regulatory affairs, public affairs, and tax teams -- to discuss sustainability strategy and its intersection with public policy-related engagement,” showing an internal mechanism to ensure lobbying remains consistent with the firm’s climate strategy. The Committee “periodically reviews and discusses the Policy on Political Contributions with management and approves any changes,” adding a recurring review element. However, the disclosures do not reference a stand-alone climate-lobbying alignment audit or describe specific corrective actions (such as altering or ending memberships) when misalignment is found, so the transparency is strong but not yet comprehensive. 3