STOCK TITAN

The FedExCup Playoffs Will Leave a Legacy of Trees in Three Host Cities

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

FedEx, in collaboration with One Tree Planted and the PGA TOUR, is launching a tree-planting initiative in the three cities hosting the FedExCup Playoffs: Memphis, Denver, and Atlanta. This environmental sustainability effort aims to improve air quality, reduce heat, and create healthier communities. In Memphis and Denver, the focus will be on increasing shade in public parks, while Atlanta will see fruit-producing trees planted in food desert neighborhoods.

April Britt, Director of Global Citizenship at FedEx, emphasized the company's commitment to contributing to a better tomorrow through urban forestry. The initiative extends beyond the FedExCup Playoffs, with FedEx planning to deliver 60 tree planting and conservation projects across six continents in the coming year. This effort aligns with FedEx's role as a founding member of One Tree Planted's Urban Forestry Fund and demonstrates the company's dedication to addressing environmental challenges in urban areas.

Loading...
Loading translation...

Positive

  • FedEx is demonstrating corporate social responsibility through environmental initiatives
  • The tree-planting project may improve FedEx's public image and brand reputation
  • Collaboration with PGA TOUR and One Tree Planted could lead to future partnership opportunities

Negative

  • None.

News Market Reaction

+0.74%
1 alert
+0.74% News Effect

On the day this news was published, FDX gained 0.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NORTHAMPTON, MA / ACCESSWIRE / September 19, 2024 / The world's best men's professional golfers are amid a run at the PGA TOUR's Ultimate Prize, with the FedExCup Playoffs beginning last week and taking place across three different cities.

But the FedExCup Playoffs aren't just about golf. They're also about giving back to the communities that host them. Thanks to a collaboration between FedEx and One Tree Planted, the three cities hosting the Playoffs - Memphis, Denver, and Atlanta - will soon be greener.

FedEx is committed to environmental sustainability and has been working with One Tree Planted to plant trees in areas that need them most. These trees will help to improve air quality, reduce heat, and create healthier, more livable communities.

"As a founding member of One Tree Planted's Urban Forestry Fund, FedEx is excited to contribute to a better tomorrow by planting trees in Memphis, Denver, and Atlanta," said April Britt, Director of Global Citizenship at FedEx.

The trees will be planted in parks, along roadways, and in school yards. In Memphis and Denver, the focus will be on increasing shade for pedestrians in public parks. In Atlanta, fruit-producing trees will be planted in neighborhoods with food deserts.

"It is inspiring to leave a legacy behind during the 2024 FedExCup Playoffs in all three markets by increasing tree canopy and reducing heat in urban areas," said Brazos Barber, Director of Sustainability at the PGA TOUR.

Beyond the FedExCup Playoffs, FedEx will also deliver 60 tree planting and conservation projects across six continents this next year.

Jonathan Mason, Director of Urban Forestry for One Tree Planted, noted, "City life comes with a lot of environmental challenges...To address this, we're working with companies like FedEx and the PGA TOUR to plant more trees in urban areas, helping fight climate change and make cities better places to live.

To learn more about this initiative, go to FedExCup Playoffs help provide better tomorrow thanks to FedEx, One Tree Planted - PGA TOUR.

View additional multimedia and more ESG storytelling from FedEx Corporation on 3blmedia.com.

Contact Info:
Spokesperson: FedEx Corporation
Website: https://www.3blmedia.com/profiles/fedex-corporation
Email: info@3blmedia.com

SOURCE: FedEx Corporation



View the original press release on accesswire.com

FAQ

What is FedEx doing during the 2024 FedExCup Playoffs?

FedEx is collaborating with One Tree Planted to plant trees in Memphis, Denver, and Atlanta, the three cities hosting the 2024 FedExCup Playoffs, to improve air quality, reduce heat, and create healthier communities.

How many tree planting projects will FedEx deliver in the coming year?

FedEx plans to deliver 60 tree planting and conservation projects across six continents in the coming year, extending beyond the FedExCup Playoffs initiative.

What type of trees will be planted in Atlanta as part of FedEx's initiative?

In Atlanta, fruit-producing trees will be planted in neighborhoods identified as food deserts as part of FedEx's tree-planting initiative during the FedExCup Playoffs.

How does FedEx's tree-planting initiative relate to its stock (FDX)?

While not directly impacting FDX stock, the initiative demonstrates FedEx's commitment to environmental sustainability and corporate social responsibility, which could positively influence investor perception and brand value in the long term.
Fedex Corp

NYSE:FDX

FDX Rankings

FDX Latest News

FDX Latest SEC Filings

FDX Stock Data

83.10B
217.28M
7.54%
79.78%
1.89%
Integrated Freight & Logistics
Air Courier Services
Link
United States
MEMPHIS