IDEX Corporation

Current Score (vs. LY)

10.0 pts (10.0)

Last Update: Dec. 18, 2024

Current Rankings

Global: #478

S&P500: #310

Industrials: #80

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email



Science-based Targets (SBTI)

Date Published / Updated :2026-04-23 01:00:00

Near-term Long-Term Net Zero Standard
Targets set : 1.5°C by FY2035 No target No

Near-Term Targets:
FedEx Corporation commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by FY2035 from a FY2024 base year.* FedEx Corporation also commits to reduce absolute scope 3 GHG emissions from fuel- and energy-related activities and upstream transportation and distribution 35.0% within the same timeframe. FedEx Corporation further commits that 70.0% of its suppliers by spend covering purchased goods and services and capital goods, will have science-based targets by FY2030.

*The target boundary includes land-related emissions and removals from biogenic feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for IDEX by zerotracker.net: April 5, 2026
Planning to use external offset credits No
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (CCS-based removals e.g. BECCS, DACCS)

Additional notes: "Flow Management Devices (FMD) has developed the first known small volume prover specifically designed for carbon dioxide (CO2) flow meter calibration. This innovative design combines high-pressure capabilities and a wide temperature tolerance to enable accurate calibration under the challenging conditions required for CO2 transport and injection processes. CO2 transport is critical for carbon capture, utilization, and storage, a key technology in reducing global greenhouse gas emissions. By safely moving captured CO2 to storage or utilization sites, the transport infrastructure supports large-scale efforts to mitigate climate change. Accurate flow measurement is essential to ensuring the efficiency and safety of these operations, and the FMD prover plays a vital role in achieving this." pg48

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 0.0 10.0 0.0
Transparency 0.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 0.0 10.0 0.0
Commitments 0.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 10.0
Results 10.0 30.0 10.0


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2024 Score 2023 Score Vs. 2023 2022 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 0.0 0.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 0.0 0.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? F 0.0 / 10.0 0.0 0.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 0.0 0.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? NC 0.0 / 10.0 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
The last reporting year could not be found
0.0 / 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
The last reporting year could not be found
0.0 / 5.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
The last reporting year could not be found
0.0 / 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
The last reporting year could not be found
0.0 / 5.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 0.0 10.0
Total 10.0 / 100.0 0.0 10.0