Rayonier Inc

Common Name
Rayonier
Country
United States
Sector
Real Estate
Industry
REIT - Specialty
Employees
424
Ticker
RYN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Rayonier Inc. is a leading timberland real estate investment trust (REIT) that manages and operates a portfolio of timberlands across the diverse landscapes of the United States and New Zealand. The p...

Rayonier's GHG Emissions Data Preview

In 2023, Rayonier 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 has also provided a category-level breakdown for 5 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
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's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Rayonier amounted to 1,854 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 2022, the total operational greenhouse gas (GHG) emissions of Rayonier increased by 23.11%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Rayonier's Scope 1 Emissions Over Time

201920202021202220230200400600800tCO2e-23%-3%-3%+32%
  • Total Scope 1
  • Year-over-Year Change

What are Rayonier's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Rayonier were 690 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Rayonier reduced its Scope 1 emissions over time?

Since 2019, Rayonier's Scope 1 emissions have decreased by 4.43%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Rayonier's Scope 1 emissions increased by 31.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Rayonier's Scope 2 emissions?

In 2023, Rayonier reported Scope 2 greenhouse gas (GHG) emissions of 1,164 tCOâ‚‚e using the location-based method.

Has Rayonier reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Rayonier's Scope 2 emissions (Location-Based) rose by 18.53% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Rayonier use for Scope 2 reporting?

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

Rayonier's Scope 2 Emissions Over Time

2019202020212022202303006009001.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Rayonier's Value Chain Emissions

In 2023, Rayonier reported 2,008,972 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 includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Rayonier's Scope 3 Emissions Over Time

201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e+11%-9%-18%+605%
  • Total Scope 3
  • Year-over-Year Change

What are Rayonier's Scope 3 emissions?

In 2023, Rayonier reported total Scope 3 emissions of 2,008,972 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 11.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.06% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Rayonier reduced its Scope 3 emissions over time?

Since 2019, Rayonier's Scope 3 emissions have increased by 486.89%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Rayonier's Scope 3 emissions increased by 604.67%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Rayonier disclose?

In 2023, Rayonier reported emissions for 5 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's Scope 3 emissions?

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

  • End-of-Life Treatment of Sold Products (Cat. 12): 1,020,562 tCOâ‚‚e (50.8%)
  • Processing of Sold Products (Cat. 10): 748,552 tCOâ‚‚e (37.26%)
  • Purchased Goods and Services (Cat. 1): 92,386 tCOâ‚‚e (4.6%)

Rayonier's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(37.3%)Purchased Goods andServices (Cat. 1)(4.6%)End-of-LifeTreatment of SoldProducts (Cat. 12)(50.8%)

Insights into Rayonier's Total Carbon Footprint

In 2023, Rayonier reported a total carbon footprint of 2,010,826 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 601.61% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Rayonier's total carbon footprint was Scope 3 emissions, accounting for 99.91% of the company's total carbon footprint, followed by Scope 2 emissions at 0.06%.

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