Ryder Corporate

Ryder Corporate's reported carbon emissions

Ryder Corporate, a US-based provider of other land transportation services, reported total carbon emissions of approximately 16.4 billion kg CO2e for the year 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Scope 1 emissions totalled around 1.17 billion kg CO2e, while Scope 2 emissions were approximately 68.6 million kg CO2e (market-based). Scope 3 emissions, which are the most significant contributor, amounted to approximately 9.59 billion kg CO2e, with downstream leased assets accounting for a substantial portion at about 7.25 billion kg CO2e. For 2024, Ryder Corporate's total emissions were approximately 17.4 billion kg CO2e. Scope 1 emissions were around 1.22 billion kg CO2e, and Scope 2 emissions were approximately 61.1 million kg CO2e (market-based). Scope 3 emissions for 2024 totalled approximately 15.17 billion kg CO2e, with downstream leased assets comprising about 6.90 billion kg CO2e and use of sold products contributing approximately 7.22 billion kg CO2e. Ryder Corporate has established several reduction targets. By 2024, the company aimed to reduce Ryder fleet emissions by 10%, building emissions by 30%, and downstream leased equipment emissions by 15% against a 2018 baseline. Furthermore, Ryder Corporate has set a long-term goal to achieve net zero emissions by 2050 across Scope 1, 2, and 3 emissions. More recently, the company has set intensity-based targets to reduce fleet emissions by 10% per mile travelled and facility emissions by 5% per square foot by 2033, both measured against a 2023 baseline.