We are also witnessing greater collaboration and a unified way of working.
As countries and regions work to maintain business continuity and scale response, what’s impressive is the speed at which institutions, businesses and communities have kept commerce and aid moving in such unprecedented times.
Everywhere, public-private partnerships are accelerating the delivery of critical medical supplies and equipment internationally – with FedEx alone moving more than 4 million masks and 4 million COVID-19 swabs
to impacted areas since January.
We’ve crossed a threshold in the role of institutions, businesses and communities – all interacting for the greater good to provide relief. The next step must build on that spirit of collaboration to create and multiply better environmental outcomes and opportunities.
It’s been done before. Korea embraced green growth as a national strategy after the 2008-09 global financial crisis, making big investments in energy efficiency, clean energy, and sustainable transport.
Likewise, the World Bank sees post-pandemic investment as a good opportunity to support green infrastructure projects, ranging from electric vehicle charging points to more energy-efficient buildings.
Business too must continue to invest in sustainable projects – it’s the right thing to do, and it makes good economic sense. For instance, FedEx sustainability efforts contributed to an approximate 40 percent reduction in CO2
emissions intensity across the enterprise over 10 years to 2019, a period in which revenue grew by 96 percent.
We also have an opportunity to multiply opportunities more broadly, by empowering others. Since environment is a strategic focus for FedEx, we support companies creating broader solutions to environmental challenges. One example is Indigo Agriculture, a five-year old start-up with a mission to improve environmental sustainability and grower profits using digital technology, that topped CNBC’s Disruptor 50 list