Ryder System Inc

Common Name
Ryder System
Country
United States
Sector
Industrials
Industry
Rental & Leasing Services
Employees
50,700
Ticker
R
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ryder System Inc. is a prominent logistics and transportation services company that offers fleet management, supply chain solutions, and dedicated transportation services across North America and othe...

Ryder System's GHG Emissions Data Preview

In 2023, Ryder System 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).

Ryder System has also provided a category-level breakdown for 9 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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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 Ryder System's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ryder System amounted to 937,316 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 Ryder System increased by 19.22%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Ryder System's Scope 1 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e+6%-14%+21%
  • Total Scope 1
  • Year-over-Year Change

What are Ryder System's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ryder System were 869,939 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Ryder System reduced its Scope 1 emissions over time?

Since 2018, Ryder System's Scope 1 emissions have increased by 16.01%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Ryder System's Scope 1 emissions increased by 20.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Ryder System's Scope 2 emissions?

In 2023, Ryder System reported Scope 2 greenhouse gas (GHG) emissions of 69,851 tCOâ‚‚e using the market-based method, and 67,377 tCOâ‚‚e using the location-based method.

Has Ryder System reduced its Scope 2 emissions over time?

Since 2018, Ryder System's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 43.33%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Ryder System's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ryder System 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Ryder System use for Scope 2 reporting?

In 2023, Ryder System reported its Scope 2 emissions using the market-based method and using the location-based method.

Ryder System's Scope 2 Emissions Over Time

201820192020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ryder System's Value Chain Emissions

In 2023, Ryder System reported 17,965,515 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 Ryder System includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Ryder System's Scope 3 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e-4%0%-6%+73%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Ryder System's Scope 3 emissions?

In 2023, Ryder System reported total Scope 3 emissions of 17,965,515 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.73% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Ryder System reduced its Scope 3 emissions over time?

Since 2018, Ryder System's Scope 3 emissions have increased by 68.26%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Ryder System's Scope 3 emissions remained relatively stable, indicating that Ryder System 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Ryder System disclose?

In 2023, Ryder System reported emissions for 8 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 Ryder System's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 9,592,099 tCOâ‚‚e (53.39%)
  • Downstream Leased Assets (Cat. 13): 7,247,747 tCOâ‚‚e (40.34%)
  • Capital Goods (Cat. 2): 551,464 tCOâ‚‚e (3.07%)

Ryder System's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(40.3%)Use of Sold Products(Cat. 11)(53.4%)Capital Goods(Cat. 2)(3.1%)

Insights into Ryder System's Total Carbon Footprint

In 2023, Ryder System reported a total carbon footprint of 18,902,831 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.3% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Ryder System's total carbon footprint was Scope 3 emissions, accounting for 95.04% of the company's total carbon footprint, followed by Scope 1 emissions at 4.6%.

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