As of 2023, Rayonier has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Rayonier ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2023, Rayonier has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2023, Rayonier has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Rayonier's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 1,326 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
Instead of reducing operational emissions, Rayonier has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.
As of 2023, Rayonier has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
Rayonier's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 287,893 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2023, Rayonier is ahead of schedule on its value chain emissions reduction target, having achieved 66.76% of the planned reduction.