Rayonier Advanced Materials Inc

Common Name
Rayonier Advanced Materials
Country
United States
Sector
Basic Materials
Industry
Chemicals
Employees
2,350
Ticker
RYAM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
ryam.com
Description
Rayonier Advanced Materials Inc. is a global leader in cellulose-based technologies, specializing in the production of high-purity cellulose. This industrial materials company serves a diverse range o...

Rayonier Advanced Materials's GHG Emissions Data Preview

In 2023, Rayonier Advanced Materials completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Rayonier Advanced Materials has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Rayonier Advanced Materials's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Rayonier Advanced Materials amounted to 677,776 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2020, the total operational greenhouse gas (GHG) emissions of Rayonier Advanced Materials decreased by 57.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Rayonier Advanced Materials's Scope 1 Emissions Over Time

2019202020230150 k300 k450 k600 ktCO2e+7%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Rayonier Advanced Materials's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Rayonier Advanced Materials were 579,510 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Rayonier Advanced Materials reduced its Scope 1 emissions over time?

Since 2019, Rayonier Advanced Materials's Scope 1 emissions have increased by 5.17%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2020), Rayonier Advanced Materials's Scope 1 emissions decreased by 1.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Rayonier Advanced Materials's Scope 2 emissions?

In 2023, Rayonier Advanced Materials reported Scope 2 greenhouse gas (GHG) emissions of 621,691 tCOâ‚‚e using the market-based method, and 98,266 tCOâ‚‚e using the location-based method.

What methodology does Rayonier Advanced Materials use for Scope 2 reporting?

In 2023, Rayonier Advanced Materials reported its Scope 2 emissions using the market-based method and using the location-based method.

Rayonier Advanced Materials's Scope 2 Emissions Over Time

2019202020230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Rayonier Advanced Materials's Value Chain Emissions

In 2023, Rayonier Advanced Materials reported 3,759,876 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Rayonier Advanced Materials includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2020, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Rayonier Advanced Materials's Scope 3 Emissions Over Time

20230950 k1.9 M2.85 M3.8 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Rayonier Advanced Materials's Scope 3 emissions?

In 2023, Rayonier Advanced Materials reported total Scope 3 emissions of 3,759,876 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 32.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.76% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Rayonier Advanced Materials disclose?

In 2023, Rayonier Advanced Materials reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Rayonier Advanced Materials's Scope 3 emissions?

In 2023, the largest contributors to Rayonier Advanced Materials's Scope 3 emissions were:

  • Processing of Sold Products (Cat. 10): 1,587,544.64 tCOâ‚‚e (43.37%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 892,993.86 tCOâ‚‚e (24.39%)
  • Purchased Goods and Services (Cat. 1): 694,550.78 tCOâ‚‚e (18.97%)

Rayonier Advanced Materials's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(43.4%)Purchased Goods andServices (Cat. 1)(19.0%)End-of-LifeTreatment of SoldProducts (Cat. 12)(24.4%)

Insights into Rayonier Advanced Materials's Total Carbon Footprint

In 2023, Rayonier Advanced Materials reported a total carbon footprint of 4,437,652 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 181.31% increase compared to 2020, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Rayonier Advanced Materials's total carbon footprint was Scope 3 emissions, accounting for 84.73% of the company's total carbon footprint, followed by Scope 1 emissions at 13.06%.