FedEx will spend $2 billion to become carbon neutral by 2040 (by The Verge)

... phase out carbon-emitting vehicles within the next several decades ... more than 650 aircraft in operation ... large carbon footprint ... a uniquely massive challenge

The money will be spent in three key areas:

1. vehicle electrification

2. sustainable energy

3. carbon sequestration

FedEx will also donate $100 million to Yale University’s efforts to devise new ways to achieve carbon sequestration, which is the process of capturing and storing CO2 from the atmosphere.

Read more https://www.theverge.com/2021/3/3/22311210/fedex-carbon-neutral-2040-2-billion-electric-vehicles-planes