Climate Change Data

Ryder System, Inc.

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:7,496,246 tCO2e/year
Scope 1 Emissions:644,157 tCO2e/year
Scope 2 Emissions:71,374 tCO2e/year
Scope 3 Emissions:6,740,253 tCO2e/year
Waste Generated:27,230 tons/year (mixed solid waste); 5,841 tons/year (mixed recyclable waste)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved emissions reduction targets ahead of 2024 schedule
  • Trained over 1,500 (30%) active technicians in alternative fuel vehicle maintenance

Social Achievements

  • Achieved 90% of key talent completing leadership development activities
  • Provided leadership development for all Black and women leaders
  • Invested 10% of Ryder Charitable Foundation’s budget for initiatives to expand equality and diversity for the Black community

Governance Achievements

  • 100% of employees completed compliance and ethics training
  • 100% of employees reviewed and agreed to abide by Principles of Business Conduct

Climate Goals & Targets

Environmental Challenges

  • Evolving regulations, markets, severe weather, and other events may reduce efficiencies or cause significant business disruptions
  • Supply chain disruptions due to various factors
Mitigation Strategies
  • Closely monitoring, responding to, and mitigating climate-related risks
  • Maintaining constant communication with key suppliers to manage supply chain risks
  • Identifying supplementary suppliers for critical components
  • Leveraging technology to track supply and mitigate delays

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability questions included in RFPs
  • Ongoing dialogue with key suppliers on sustainability

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather
  • Business disruptions
Transition Risks
  • Evolving regulations
  • Market shifts
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB Air Freight & Logistics Standard, TCFD

Certifications: ISO 14001 (select sites)

Sustainable Products & Innovation

  • TruckWings
  • RyderDriveTM telematics program
  • COOP vehicle-sharing platform

Awards & Recognition

  • FORTUNE World’s Most Admired Companies
  • Newsweek America’s Most Responsible Companies
  • EPA SmartWay Excellence Award
  • Food Logistics’ Top Green Providers
  • Forbes America’s Best Employers for Diversity
  • Forbes America’s Best Employers for Veterans
  • Top Company for Women to Work for in Transportation

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:18,960,373 MT CO2e
Scope 1 Emissions:869,939 MT CO2e
Scope 2 Emissions:69,851 MT CO2e (market-based)
Scope 3 Emissions:18,020,583 MT CO2e
Renewable Energy Share:10%
Total Energy Consumption:14,428,320 GJ
Waste Generated:28,845 tons (mixed solid waste); 6,615 tons (mixed recycled waste)
Carbon Intensity:2.75 lbs CO2e per mile traveled (Scope 1 mobile emissions); 7.48 lbs CO2e per square foot (Scope 1 stationary and Scope 2 emissions)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Honored as a SmartWay® High Performer in the All Metrics and Carbon Metrics categories.
  • Reduced energy consumption by 2,067 GJ by replacing lighting with LEDs and HVAC systems.

Social Achievements

  • Maintained pay parity for employees of color and women at the professional and managerial levels.
  • Completed 25 hours of training per employee on average in 2023.

Governance Achievements

  • Maintained ISO 27001 certification for cybersecurity.
  • Received 1,169 reports that alleged wrongdoing, with 100% of substantiated allegations resulting in remedial action.

Climate Goals & Targets

Short-term Goals:
  • Evaluate new Scope 1 and 2 intensity emissions reduction targets (based on lbs CO2e per mile traveled and lbs CO2e per square foot) in 2024.

Environmental Challenges

  • Evolving regulations, supply chain market conditions, severe weather, and other events may reduce efficiencies or affect fleet utilization and operations for our customers and Ryder.
  • Protecting data and critical information from cybersecurity threats and breaches.
Mitigation Strategies
  • Annual disclosure of detailed environmental progress in CDP Response.
  • Utilizing the National Institute of Standards and Technology Cybersecurity Framework to inform our cybersecurity program.
  • Implementing controls to proactively identify and minimize risk for Ryder and our customers while promoting security awareness to safeguard our systems.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct addressing environmental management, bribery and corruption, ethical labor practices, human rights, health, and safety.

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather
Transition Risks
  • Evolving regulations
  • Supply chain market conditions

Reporting Standards

Frameworks Used: GRI Standards, SASB Air Freight and Logistics Standard, TCFD

Certifications: ISO 14001 (select sites), ISO 27001

Sustainable Products & Innovation

  • RyderElectric+ (turnkey EV solution)

Awards & Recognition

  • SmartWay® High Performer
  • Food Logistics’ Top 3PL & Cold Storage Providers
  • Forbes America’s Best Large Employers
  • FORTUNE World’s Most Admired Companies
  • Inbound Logistics’ G7 5 Green Supply Chain Partners
  • Military Times Best for Vets: Employers
  • Newsweek Most Trustworthy Companies in America
  • Women in Trucking Top Companies for Women to Work For in Transportation
  • Expansión: 500 Most Important Companies in Mexico