Alexander Commends Eastman Chemical and FedEx as “Two Tennessee Companies That Have Distinguished Themselves in Sustainability"
“In the business world, that means to save resources and to save money”
Posted on May 23, 2012
WASHINGTON – At a Senate Environment and Public Works Committee Hearing on corporate environmental responsibility and innovation last week, U.S. Senator Lamar Alexander (R-Tenn.) praised Tennessee-based Eastman Chemical Company and FedEx on their ability to “save resources and save money” through sustainability. Representatives from both companies were invited to testify at the hearing to discuss their organization’s policies, which have been recognized by the Department of Energy and the Environmental Protection Agency.
Alexander said in his opening remarks: “I’m particularly glad that Parker Smith is here, he’s the general manager and vice president for Eastman Chemical. … I know how excited they are to have been nationally recognized this year for their work on sustainability....I also welcome Mitch Jackson from FedEx. Fred Smith, who is CEO of FedEx, has been a national leader in encouraging others to use electric vehicles, and
himself has helped his company lead the way. They’ve increased electric and hybrid truck fleets by 20 percent. In doing so, they’ve saved resources and are
saving money over the long term.”
Alexander also praised the work of Cummins, which has major operations in Tennessee, saying: “As a result of the decision by the Clinton and Bush administrations to get rid of high sulfur content in fuel for heavy trucks, new engines were required. In that case, the EPA allowed ten years to get the job done, and over that time Cummins invented a new engine. The engine cost more, but truckers supported it eventually because it saved them money: the engine was more fuel efficient.”