Ryder Corporate

Ryder Corporate reported total emissions of approximately 16.5 billion kg CO2e in 2024. This included approximately 1.2 billion kg CO2e from Scope 1 emissions, 61.1 million kg CO2e from Scope 2 (market-based), and 15.2 billion kg CO2e from Scope 3 emissions.

In 2023, the company's total emissions were approximately 18.2 billion kg CO2e, with Scope 1 emissions at approximately 1.2 billion kg CO2e and Scope 2 (market-based) at 68.6 million kg CO2e. Scope 3 emissions for 2023 were approximately 17.6 billion kg CO2e, including 9.6 billion kg CO2e from the use of sold products and 7.2 billion kg CO2e from downstream leased assets.

Looking back to 2022, Ryder Corporate's total emissions stood at approximately 17.5 billion kg CO2e, comprising around 720.4 million kg CO2e in Scope 1 emissions, 63.4 million kg CO2e in Scope 2 (market-based), and 16.7 billion kg CO2e in Scope 3 emissions.

Ryder Corporate has set several climate commitments. The company aims to achieve net-zero emissions by 2050 for Scope 1, Scope 2, and Scope 3 emissions. Near-term targets include reducing Ryder fleet emissions by 10%, building emissions by 30% (Scope 2), and downstream leased equipment emissions by 15% (Scope 1) below a 2018 baseline by 2024. Additionally, Ryder Corporate plans to reduce fleet emissions by 10% per mile travelled and facility emissions by 5% per square foot by 2033, from a 2023 baseline.