Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces its release of the Ryder 2021 Corporate Sustainability Report (CSR). The 2021 CSR Report highlights the company’s ongoing commitment and continuous progress in the areas of environmental, social, and governance (ESG) from January 1 through December 31, 2021.
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“Sustainability at Ryder is about being thoughtful, purposeful, and focused on continuous progress in the areas of environmental, social, and governance,” says Ryder Chairman and Chief Executive Officer Robert Sanchez. “The investments we are making in ESG initiatives, along with our progress, demonstrate Ryder’s commitment to maintaining economic viability with an eye towards the future.”
2021 highlights include:
- Ryder remains focused on reducing our environmental footprint through efficiency and innovation. Based on 2021 progress, Ryder expects to meet or exceed our Scope 1, 2, and 3 emission reduction targets ahead of our 2024 schedule.
- Ryder strives to create a collaborative work environment that fosters diversity, equity, and inclusion. Among select job functions in the United States, we consistently meet or exceed the U.S. Bureau of Labor Statistics representation for diversity and women in the workforce.
- Ryder utilized a third party to conduct an ESG materiality assessment in order to strategically refine our sustainability management and reporting efforts. The key ESG topics identified through the assessment guide our ESG efforts and are outlined in our 2021 CSR Report.
“We use this information to guide innovations to improve safety and efficiency, reduce emissions, and inspire our team to develop the best solutions for our customers,” adds Chief Legal Officer Bob Fatovic, who oversees Ryder’s sustainability efforts and reporting. “The expertise of Ryder’s employees, collaboration with our customers, and engagement within the communities in which we serve continue to drive our ESG efforts forward.”
The 2021 Ryder CSR references the Global Reporting Initiative (GRI) Standards 2021. It is aligned with the Sustainability Accounting Standards Board (SASB) Air Freight & Logistics Standard, and to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).
To review the Ryder 2021 CSR and learn more about Ryder’s sustainability reporting, including our CDP Climate Change Response, please visit https://rydercsr.com.
Source: Ryder System, Inc.